Review an engagement letter

We read the document, check it against every clause that moves money, and give you the asks worth making at your stage.

The letter

PDF or .docx, up to 20MB. This is the document the firm asked you to sign — usually titled “Engagement Letter” or “Terms of Engagement”.

Your leverage

This decides what we tell you to ask for. A firm deferring your fees is doing you a favour, and demanding a rate cap from them will cost you more than it returns — so we will not suggest it.

Roughly what do you expect to spend with this firm over the next year?What stage are you at?

This firm is deferring or discounting our fees until we raiseStartup programs, deferred billing, heavily discounted rates — anything where they are floating you.We have not signed yetBefore you sign is when you have the most room to ask.We could realistically move to another firmA credible alternative is most of what leverage actually is.