Typical attorney fees
Good evening guys, I am buying my first commercial office property. We are just a few weeks away from closing. I hired an attorney to help draft the PA and generally help protect my interests. Purchase price is only 590k but attorney has already billed for over 5k in fees.
Deal structure is pretty vanilla and I've spent about 20 min on phone with attorney. Certainly they took time to draft the PA, but I assume this fee is very much on the high end, correct? Is there a rule of thumb I can use to estimate what I should be paying in future? Market is Minneapolis. Thank you