How does the billing system work?
Legal Nodes uses a flexible, usage-based pricing model designed for transparency and cost-effectiveness. Our billing system consists of three key components:
Flexible plan fees: Provide ongoing guidance and support via our online platform, centralizing your global legal tasks.
Credits system: Used to access specific services like legal sessions, document templates, and Virtual Legal Officer (VLO) support.
Third-party costs: If external providers are required for specific requests, their fees are paid separately and are not covered by credits.
What are the plans?
Legal Nodes offers two plans:
Growth Plan: $999 monthly or $2697 quarterly ($899/month)
10 credits per month (unused credits expire each month)
Access to our online platform for centralizing legal tasks
Legal Projects preparation and maintenance
Weekly call with VLO (optional)
Support Plan: $599 monthly / $1497 quarterly ($499/month)
5 credits per month (unused credits expire each month)
Access to our online platform for centralizing legal tasks
Legal Projects maintenance
New clients must start with the Growth Plan and can switch to the Support Plan after their initial legal structuring is complete (usually after 3 months).
Onboarding Fee
For new clients who choose to pay for their Growth Plan monthly, may have to pay a one-time onboarding fee of $600.
This fee covers the cost of work to onboard the client and prepare their Legal Projects in line with their Business Goals. Specifically, it includes:
An introductory call with the client's Virtual Legal Officer (VLO), during which the VLO gathers detailed information about the client's business, goals, preferred jurisdictions, etc.
A Legal Discovery Session with an Industry Expert, where the client's best options are discussed and work is planned out into Legal Projects.
It's important to note that clients who choose to pay quarterly for the Growth Plan do not have to pay this onboarding fee. This is because, in the first three months of their quarterly plan, clients typically receive:
2 Legal Discovery Sessions (usually held in the first month)
2 Legal Q&A Sessions (usually held in the second and third months, respectively)
The onboarding process ensures that new clients receive a comprehensive introduction to Legal Nodes and helps VLOs to plan and price new Legal Projects for clients to approve.
Purchase sessions as needed:
If you need an additional Legal Discovery Session (45 mins), these can be purchased for 4 credits per session.
If you need additional legal guidance about your Legal Projects, this can be achieved through a Legal Q&A Session (30 mins), which can be purchased for 3 credits per session.
What are credits?
Credits are our internal currency for legal services, designed to give you flexibility in accessing our expertise and resources.
Each credit is valued at $100
Credits are used to access various services, including document templates, legal sessions, and VLO support
Unused credits do not roll over to the next month
Additional credits can be purchased as needed
What services can I access with credits?
Credits can be used for a wide range of services, including:
Document templates and customization
Legal Q&A sessions
Bank account opening assistance
Sourcing accounting and insurance services
Investor onboarding checklists
Marketing and communication guidance for token/product launches
Sourcing service providers for complex legal requests
What are add-ons?
Add-ons are additional services offered by service providers in Legal Nodes' global network of experts. Here's what you need to know about add-ons:
Providers: Add-ons are provided by independent service providers, such as boutique law firms or expert individuals (e.g., accountants), who are part of the Legal Nodes' network.
Types of services: Add-ons can include various legal services, such as:
Company formation
Corporate secretary services
Documents and agreements
Tax and accounting services
IP-related services
Regulatory compliance services
Pricing: Add-ons are individually priced services, with prices negotiated between Legal Nodes and each service provider. The costs for add-ons are separate from the credit system.
Payment: Clients pay for add-ons directly to the service providers, not through Legal Nodes. Legal Nodes will provide an invoice for the service, but the client is responsible for paying the service provider directly.
Accessing add-ons: The availability of add-ons depends on your plan.
Growth Plan: Access to all add-ons, including company registration across 20+ countries
Support Plan: Access to selected add-ons
Where can I find prices for add-ons?
Some prices for add-ons are available on the Legal Nodes website as estimates. For example, here are selected estimates for some of our fundraising company registration add-ons.
For clients seeking more precise estimates, the Virtual Legal Officer (VLO) provides these before work begins on legal projects. When a client submits a request that requires help from a service provider, the VLO prepares an offer with detailed estimates for service providers' add-ons. Clients can then review these offers and decide whether to proceed with the services.
How to make payments
Legal Nodes offers several payment options:
Credit Card: Add your card to the system for automatic billing.
Crypto: Payment using cryptocurrencies is available. We currently only accept USDC.
Bank Transfer: Manual payments before each billing period.
Important notes on payments:
For credit card payments, you will be automatically billed for the same amount in the next billing cycle unless you pause or cancel your plan.
For bank transfers or crypto payments, ensure the payment reaches the Legal Nodes account before the end of your current billing period. You will receive a payment request notification 10 days before the due date. If payment is not received on time, your plan may be frozen until payment is processed.
Additional Information
Remember that some services may be paid directly to third-party providers. In these cases, Legal Nodes will provide an invoice, and you'll be responsible for paying the service provider directly.
If you have any questions about billing or need to make changes to your plan, please contact our support team before your next payment is due by emailing help@legalnodes.com.
Important Note: The information provided on this page is applicable to clients on our latest plans. If you started a plan with Legal Nodes before September 2024, please contact your VLO for support via your Legal Nodes account or email help@legalnodes.com for assistance tailored to your specific plan.