01 · Fund Formation & Legal
LPA drafting & negotiation support
Atlas-orchestratedfrom $2,500/moExpert ~2–6 hrs/mo
Bottom line
Atlas structures LPA economics, tracks redlines, and packages counsel-ready negotiation briefs so legal spend stays pointed at judgment—not drafting chaos.
Atlas owns workflow, drafts, and QC calendar. Licensed partners handle regulated acts; Atlas stewards the process.
Invoice / proposal description
- ·LPA economics modeling and clause inventory in Atlas.
- ·Redline tracker with issue log for GP / counsel negotiation.
- ·Counsel-ready brief pack before each negotiation round.
By hand today
Partners email Word drafts, lose version control, and burn counsel hours on formatting and clause archaeology.
On Atlas
Atlas holds the living LPA model (fees, carry, prefs, side-letter hooks). An expert babysits issue lists; outside counsel owns legal opinions and final execution.
Deliverables
- Living economics schedule synced to fund model
- Negotiation issue log with owner + status
- Exportable counsel brief before each turn
Service levels
- Issue log updated within 2 business days of each redline receipt.
- Economics schedule remains reconcilable to the Atlas fund model.
Exclusions
- — Legal advice or opinions
- — Bar-licensed drafting of final LPA
- — State bar filings
Platform surfaces
Import & AnalyzeCFO Advisordocument workspace
Compresses counsel hours and accelerates close—high willingness to pay at formation.