Quote:
Originally Posted by DukeSkywalker
Gentleman, & Ladies,
I have a simple straight forward question. On average, how many billable hours does it take (you), an attorney, to write an NDA? 2-3 hours? 4-5? 6-12? Fellow webmasters and program owners, on average, how many billable hours do you get charged for an NDA? I'd really appreciate any and all input on the subject.
Thanks!
Duke
|
As some have stated, it depends on the complexity of the NDA.
To save time and have a clearer understanding of what we expect the final document to read like, we always gather up existing agreements from the internet first. Specific notes from our side will show the lawyer what we are looking to add, remove or modify.
Billable hours easily adds up when you factor in the amount of time it took to read and respond to your email, research specific clauses and see if they legally can be applied to your situation and jurisdiction, implement the wording, etc.
Another area we control the costs is the hourly rates. We have negotiated agreements with certain lawyers to pay a different rate for different types of legal services. I believe the set rate is 125 USD an hour for drafting legal documents.