Ok, but how much does it cost?
"Sounds nice, but sounds expensive."
It's not--partly because we saved money on costs of a website designer and developer. :)
$240/month for our base subscription with the above benefits. Cancel at any time.
"Do you have options for bigger businesses with more need for Legal support?"
Of Counsel+ Subscription: starting at $2,000/month
We offer a couple of reasonably-priced, standard subscriptions for clients with greater need for Legal and Strategy support every month. These start at $2,000/month and we only take on a select few businesses at this level to ensure we can provide our best service.
FAQ for Of Counsel Subscriptions
I’m not hiring a full-time in-house counsel, so how much support do I get monthly?
You can always count on the above benefits. Additionally, while counsel won’t keep a minute-by-minute record of time spent with you on the above, they will keep a soft record and make sure that, between legal and strategy work, they provide the following hours per month, per plan:
Of Counsel : Monthly Meeting + 1+ hour of work per calendar month + access to all tools.
Of Counsel+ (limit 3 available) : All of above + 10+ hours of work per calendar month.
What if I have hours leftover from the minimum hours from a subscription month?
You can roll over unused hours into the next month. After that month, the hours are deemed used.
Can I cancel or change my monthly plan?
Sure. At any time before another month starts. We know needs vary and we want this to be a flexible arrangement for you.
What are participating counsel’s current hourly rates?
As of October 2021, participating attorneys’ current hourly rates are $160 to $260 / hour, depending on the attorney(s) and scope of work.
What’s Not Included (but may be available at a preferential rate)?
While counsel can’t cover the following items as part of the subscription, counsel may either provide a quote outside of the plan or coordinate alternative counsel to provide a quote:
• Non-Business Legal matters (family law, estates, criminal law, etc.)
• Litigation
• Corporate transactions (affecting equity in your company)
• Patents (you need a special license to file for- and prosecute patents)
Full Terms Governed by Service Agreement
The full terms are provided in, and governed by, your service agreement with your counsel. Unless and until you enter into an agreement with counsel, an attorney-client relationship is expressly disclaimed.
We ♡ supporting at all stages, on all needs
Starting/Formation
Building "It"
Growing the Team
Funding/Investors
Governance
Benefits for All Subscriptions
Members-only checklists, forms, and DIY guides to empower you--all based on the most common questions and needs our contributing attorneys have addressed.
Quick Chats. If you have specific questions or needs, you can send an email to your counsel and your counsel will connect to chat needs and goals.
We observe revenue-sensitive pricing and fee structures on services needed beyond your subscription. We always aim to provide fixed fees as practicable.
About Us
My name's Andrew Draxton. I went to law school, became a lawyer, and started Draxton Law to help small businesses.
You can check out my LinkedIn profile here for a bit more about me.
While we're using "Draxton Law" as our name, Draxton Law is actually a network of professionals. We're lawyers that graduated from top-50 law schools. We're currently practicing in-house for Fortune 50 companies or companies that do business with Fortune 50 companies. We partner with businesses to address their Legal needs. We help mitigate costs, provide access to free information, and support as businesses navigate Legal.
Contributing counsel have helped companies of all sizes and stages with their Legal needs:
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advising on trademarks
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drafting commercial contracts
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drafting employment contracts
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drafting consumer terms for $200 Million+ in consumer transactions
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handling governance details
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dealing with major restructures and emergencies
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sourcing and managing outside counsel to limit costs
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drafting investment documentation in support of million-dollar deals
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protecting million- (even Billion-) dollar brands
What we're doing
We're leveraging our experience with big companies, compiling our best forms, best practices, creating checklists, and sharing our tips and tricks to make Legal less daunting, less expensive.
Why we exist
We exist to help good people do cool stuff and make money doing it. We're here to collaborate with you on your legal needs, providing Legal information to make Legal simpler, more efficient, and less expensive.
Legal costs shouldn't be surprising or alarming. Sadly, in our time working with companies , we've seen questionable practices by law firms:
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$20,000 billed for a contract revision without material changes.
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$3,000 billed for 1 paragraph added to a form independent contractor agreement
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Surprise invoices. Excessive billings. Three attorneys billing at the same time quickly reached $400/hour rate.
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Attorneys billing for time spent to research whether they could provide a service they had already said they could perform.
