The letter of intent sets the terms that define your entire deal. Our Medina LOI attorneys draft, review, and negotiate letters of intent for business acquisitions across Technology, Finance, Venture Capital, ensuring you lock in favorable terms and avoid costly surprises before you commit to due diligence.
Our managing partner provides selective letter of intent law counsel to clients in Medina and nationwide, including:
We engage selectively with capitalized founders and investors in Medina and nationwide:
Seattle's M&A market is heavily influenced by the presence of Amazon, Microsoft, and Boeing, which create a massive ecosystem of technology vendors, cloud services companies, and aerospace suppliers ripe for acquisition. The region's strength in cloud computing, AI, and SaaS has made it the second-largest tech M&A market after the Bay Area. Biotech activity is growing rapidly, anchored by the Fred Hutchinson Cancer Center and Allen Institute.
Seattle deal valuations for tech companies approach Bay Area levels but with slightly less competition. The concentration of technical talent means acquired companies can scale engineering teams faster than in most markets.
Washington state has no personal income tax, making it attractive for founders considering exits and for acquirers looking to relocate talent. The region's tech ecosystem ensures a steady pipeline of growth-stage companies seeking acquisition.
Washington's non-compete statute (RCW 49.62) voids non-competes for employees earning under approximately $120,000 annually (adjusted for inflation) and limits duration to 18 months, which affects workforce retention strategies post-acquisition.
A structured, methodical approach to letter of intent law
We review the proposed terms or your acquisition goals, identify leverage points, and develop a negotiation strategy that positions you for a successful deal.
We draft a new LOI or mark up the existing one, structuring binding and non-binding provisions to protect your interests while keeping the deal moving forward.
We negotiate key terms including purchase price structure, exclusivity periods, due diligence timelines, and closing conditions directly with the other side's counsel.
Once terms are agreed, we finalize the LOI and ensure both parties understand which provisions are binding, which are aspirational, and what happens next.
We carry the negotiated LOI terms into the due diligence phase and definitive purchase agreement, maintaining consistency and momentum through closing.
"The LOI is where leverage is won or lost. Once you sign a poorly structured letter of intent, you've already conceded negotiating positions you didn't even know you had. The purchase agreement just documents what the LOI already gave away."
Restricted by salary threshold ($116,593+ employees). 18-month presumptive maximum. Garden leave required for terminated employees.
Entity mergers and conversions must be filed with the Washington Secretary of State. Annual reports are required. The Department of Revenue handles B&O tax registration and capital gains tax compliance.
Submit your transaction details for a preliminary assessment by our managing partner.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Common questions from Medina clients
Submit your transaction details for a preliminary assessment by our managing partner
Submit Transaction DetailsIn-depth guides to help you prepare for your transaction
Key provisions and structure for an acquisition letter of intent.
Read guideUnderstanding the binding and non-binding elements of each document.
Read guidePractical guidance on structuring term sheets for acquisitions.
Read guideHow exclusivity provisions work and what buyers should negotiate.
Read guideOur managing partner provides selective letter of intent law counsel for transactions nationwide. Submit your transaction details for a preliminary assessment.
Submit transaction details for review. We engage selectively with capitalized buyers and sellers.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Selective M&A practice - Nationwide reach - Managing partner on every deal