M&A folks: What amount of billable time is appropriate to draft a pre-LOI NDA? Small deal (under $50 million).

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Don’t you have a form of NDA? Unless there is something unique here not much. Hour tops to change parties update dates, skim for issues and email out. 1 is generous.

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Agree form or no form, everyone should read what they send out

I’d say 30 min max

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A reminder to those who are stressed about your billable hours that your value is more than your pure productivity. To those stressed about relationships, relationships are hard even for non-lawyers, but you are absolutely worthy of love. It is an important reminder for all of us that you are worthy and you are valuable. Keep fighting!

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