A term sheet drafted for your actual deal, a funding round, an acquisition, a joint venture, or a licensing arrangement, not a generic template with blanks filled in. Fixed pricing confirmed before drafting starts.
Whether you’re raising a round, acquiring or being acquired, or structuring a joint venture, share the details and we’ll confirm scope and a fixed price before drafting begins.
A term sheet is a short, usually non-binding document that sets out the key commercial terms both sides have agreed to in principle, valuation, structure, key rights, before the full legal agreements get drafted. It exists to align expectations early, so the definitive agreements that follow aren’t negotiated from scratch. If you’re looking for a free, self-serve M&A term sheet template and a deeper explanation of binding versus non-binding provisions, see our M&A term sheet template and guide. This page is about getting one professionally drafted for your specific deal, M&A or otherwise.
Valuation, investment amount, board composition, liquidation preference, and protective provisions for a seed, Series A, or later round, drafted to actually protect your position, not just document the headline number.
Purchase price and structure, key conditions to closing, exclusivity, and the representations both sides expect to negotiate, for an acquisition on either side of the table.
Ownership split, governance, capital contribution, and exit mechanics for two or more parties structuring a shared venture.
Royalty structure, exclusivity, territory, and term for a licensing or major commercial deal, before the full agreement gets negotiated.
Valuation cap, discount, and conversion mechanics for early-stage financing that isn’t a priced equity round.
Once terms are agreed, they still need to become binding legal documents. Depending on your deal, that means a shareholders’ agreement for a funding round, a share or asset purchase agreement for an acquisition, or an MSA for an ongoing commercial relationship. We can carry your deal through from term sheet to signed agreement, rather than handing off between different lawyers at each stage.
Term sheets vary too much in complexity for a single fixed number, a straightforward funding round term sheet is a different scope from a multi-party joint venture or a cross-border acquisition. We confirm a clear, fixed fee in writing once we understand your deal, before any drafting starts. No hourly surprises.
Who’s involved, what kind of deal, and what’s already been discussed informally.
An attorney confirms what needs to be in it and a fixed fee before drafting starts.
Drafted to protect your position, with plain-language notes on what’s negotiable.
Adjusted as negotiations move, until both sides are ready to sign.
We can continue on to the definitive agreements once terms are settled.
My Legal Pal works with founders, investors, and companies across India, the US, the UK, and the UAE, drafting term sheets for the deal you’re actually doing, and staying on through the definitive agreements that follow. You’re not starting over with a new lawyer once terms are agreed.
Free, self-serve M&A term sheet and explainer.
The binding document that follows a funding-round term sheet.
For ongoing commercial relationships.
Tell us about the deal, and we’ll confirm scope and a fixed price.
