When you consider entering into a meaningful business transaction, a
Letter of Intent is a good idea. A
Letter of Intent is a legal document that outlines the important issues, people and organizations involved in the transaction. Often, negotiation of the
Letter of Intent can be done primarily by the principals involved in the deal, helping clarify and define what they want sufficiently to save a lot of time and money when the time comes to create the formal contracts.
Thus, having a
Letter of Intent drafted before going to the expense of creating what are called "definitive agreements" can be a very smart move.
Pictured are Attorney Lawrence Krieger and Legal Assistant Marcy DiGirolamo.Labels: business lawyer, free, free legal form, law, lawyer, legal document, letter of intent
