Sprintlaw offers smart, simple and affordable legal solutions for small businesses and startups.
Why do I need a Term Sheet?
A Term Sheet is a short form document that contains the key terms of a commercial arrangement. Even though they’re generally not legally binding, Term Sheets are extremely useful for agreeing on key commercial terms before you put together a long form contract.
A Term Sheet tailored to the needs of your business
Phone consultations with our expert lawyers
We’re an award-winning, totally online law firm. Forget the hassle of meeting a lawyer face-to-face. Our top-trained lawyers are ready to help wherever you are in Australia.
Our lawyers were recruited from Australia's top firms and use our custom-built technology to provide a better and more affordable legal service.
Commercial Contracts Lawyer
Corporate Specialist Lawyer
Intellectual Property Lawyer
1 / Get a free quote
Our legally trained consultants will prepare a fixed-fee quote for you.
2 / Accept online
Accept your fixed-fee quote and e-sign our engagement letter.
3 / Speak with a lawyer
Our expert lawyers will talk you through your project via phone, video call or whatever suits!
Receive your completed project, usually within 5 - 10 working days.
“Can't speak highly enough of my experience with Sprintlaw - quality advice, fast and efficient responsiveness and a professional product.”
“I had a fantastic experience with Sprintlaw - it was easy, cost-effective and their lawyers provided very high quality advice. I could tell they really cared about my business.”
“They’ve helped us tremendously and are seriously knowledgeable and honest. Couldn’t recommend the crew at Sprintlaw more!”
A Term Sheet is an agreement that outlines the basic terms of a commercial arrangement. It often serves as a stepping stone for more detailed documents and is used to facilitate negotiations, and it is generally not legally binding.
A Term Sheet ensures that the major aspects of the deal are set out and minimises the risk of a misunderstanding. It is often a useful way for parties to agree upon key terms without incurring exorbitant legal fees.
Our fixed-fee Term Sheet packages begin at $825 + GST. This includes a Term Sheet drafted to meet the requirements of your business, phone consultations with a Sprintlaw lawyer, and a complimentary amendment to the final draft we provide you.
As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We communicate via phone, email and cloud conferencing — whichever suits you! We know you’re busy, so we’re only a click away.
You’ll be guided through this process by our expert lawyers, who are Australian-qualified and were trained at leading law firms. They left the traditional corporate law sphere to help us make legal services better. Our lawyers specialise in technology, intellectual property, contract drafting, corporate and commercial law.
Our law firm operates completely online, which means we can help you wherever you are in Australia. We work at The Commons Central – a cool co-working space in Chippendale, Sydney – but our lawyers often work flexibly across various locations.