Drafting Letters of Intent manually requires hours of research to ensure proper formatting, standard clauses, and legally sound language. Corporate attorneys must verify non-binding provisions, confidentiality terms, and governing law clauses while balancing client-specific deal terms—a time-consuming process that delays transaction momentum.
Creating a comprehensive Letter of Intent requires balancing business terms with legal precision, distinguishing binding from non-binding provisions, and ensuring all critical deal points are addressed. Attorneys spend hours drafting LOIs from scratch, researching market-standard terms, and coordinating with clients to capture transaction details accurately.
CaseMark analyzes your transaction documents and generates a complete, professionally structured Letter of Intent tailored to your specific deal. Our AI identifies key parties, terms, and conditions, then drafts appropriate binding provisions for confidentiality and exclusivity while maintaining flexibility for final negotiations.
This workflow is applicable across multiple practice areas and use cases
Private equity and venture capital firms regularly use LOIs to outline investment terms before finalizing purchase agreements or funding rounds.
LOIs are essential preliminary documents in PE/VC transactions to establish deal structure, valuation, and key terms before extensive due diligence and definitive agreements.
Asset purchase transactions require LOIs to outline which specific assets and liabilities will be transferred before drafting comprehensive asset purchase agreements.
LOIs are standard practice in asset purchases to establish purchase price allocation, excluded assets, assumed liabilities, and deal structure before extensive legal documentation.
Corporate finance transactions including recapitalizations, debt restructurings, and strategic investments often begin with LOIs to outline financial terms and conditions.
LOIs serve as critical preliminary agreements in corporate finance deals to establish financing terms, conditions precedent, and exclusivity periods before final documentation.
General corporate attorneys use LOIs for various business transactions including joint ventures, strategic partnerships, and business combinations beyond traditional M&A.
LOIs are versatile documents applicable to multiple corporate transaction types where parties need to memorialize preliminary agreement on key business terms.
Most LOI provisions are non-binding, meaning parties can walk away without completing the transaction. However, certain provisions like confidentiality, exclusivity periods, expense allocation, and governing law are typically binding and legally enforceable. CaseMark automatically structures your LOI to clearly distinguish these categories and protect your client's interests during negotiations.
An effective LOI should be specific enough to demonstrate serious intent and align expectations, but flexible enough to allow negotiation of final terms. It should cover key economic terms, major conditions, timeline, and deal structure without attempting to resolve every detail that belongs in definitive agreements. CaseMark balances this precision with flexibility based on your transaction type and the information you provide.
Yes, CaseMark's LOI generator handles various transaction types including mergers, acquisitions, partnerships, joint ventures, real estate purchases, and investment deals. The AI adapts the structure and terminology based on your specific transaction context, ensuring the LOI reflects appropriate terms whether you're buying a company, forming a strategic alliance, or structuring an equity investment.
CaseMark works with whatever information you have available and prompts you for critical missing details through focused questions. You can generate an initial LOI based on preliminary discussions, then easily revise it as terms are negotiated. This iterative approach helps you move deals forward even when some terms are still being discussed.
Exclusivity periods typically range from 30 to 90 days depending on transaction complexity and due diligence requirements. Buyers generally prefer longer periods to complete thorough investigation, while sellers want shorter periods to minimize time off the market. CaseMark helps you draft appropriate exclusivity language based on your transaction timeline and can include provisions for extension if needed.