What are the annual rough estimates for legal costs, excluding those charged to portfolio companies?
Do we have any rough estimates on legal costs for each year? Excluding costs that are charged directly to portfolio companies.
This really depends on how many deals that you are going to be doing per year. If you assume 8 deals per year with $5K to $10K per deal, depending on complexity, plus random other needs, then you could be at $50K to $100K per year.