How much does a legal opinion cost?

The fee depends on the questions, jurisdictions, volume of documents and required legal analysis. Send the request or a short description of your matter for a quote.

How long does preparation take?

We confirm the schedule after reviewing your requirements. Document availability, unresolved factual questions and input from local counsel can affect delivery. Include any transaction or submission deadline in your enquiry.

Will the recipient accept the opinion?

Acceptance remains the recipient's decision. Its requirements may cover the legal questions, wording and qualifications of the signing lawyer. Sharing those requirements at the outset helps us assess whether we can meet them.

Can I use an existing opinion for another purpose?

That depends on its scope, addressee and reliance terms, as well as any changes in the facts or law. An opinion prepared for one transaction may need to be updated or reissued for another.

Legal Opinion

Drawing up legal opinions regarding banking and payment onboarding, token listings, app store submissions, commercial transactions, questions about licensing, and cross-border business activities.

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What Is a Legal Opinion?

A legal opinion is written by a lawyer concerning particular legal questions on the basis of the facts stated and the relevant law; it states the conclusions as well as the assumptions or limitations which have an effect on them.

If it is necessary, you might have to get a formal letter sent to a bank, an investor, or some other recipient. In the case of an internal business decision, written legal advice could be more suitable. We’ll look at your request in order to determine the right document.

When You May Need a Legal Opinion

Banks and Payment Providers

A bank or payment provider may request a legal opinion before opening an account or approving payment processing. The opinion may address your business activities, licensing requirements, or the markets you serve. Send us the bank’s or provider’s request so we can review its requirements.

Cryptocurrency and Token Listings

Exchanges and investors may request an assessment of a token’s legal classification, its offering, or the activities of the issuing company. A token opinion and an assessment of VASP registration requirements answer different questions; your project may need either or both.

Explore our crypto legal opinion service.

Licensing and Market Entry

Before you start up a financial or digital service, you might need to find out if it requires a licence, registration or some other form of authorisation. The analysis can also look into whether there is an exemption or whether the activity lies outside the regulatory regime.

Commercial Transactions and Financing

A lender, investor, or counterparty might ask for an opinion as a condition for completing a transaction. The opinion may cover corporate powers, signing authority, the necessary approvals, or the enforceability of the specified obligations.

App Store and Google Play

A legal opinion may cover the issues that arise when an app is submitted or under review, such as those relating to licensing, regulated features, and availability in certain countries. It can be used as a basis for responding to a rejection that involves legal matters, especially in the case of crypto, financial, and gaming apps.

Data Protection and Privacy

A written evaluation of the privacy responsibilities may be necessary in the case of a new product, a partnership, or a transfer of data. This evaluation can cover the legal grounds for processing, the roles of the companies concerned, the use of customer data and the transfers between countries.

Intellectual Property and Software

The outcome of a product launch or a licensing agreement may depend on who owns the intellectual property and on how it may be used. Written advice can cover the question of ownership, software licences, trademark problems or concerns regarding infringement. Cases involving patents need to be assessed by specialists.

Tax and Cross-Border Structures

A transaction or the structure of a company might cause doubts as to tax residence, concerning the obligation to withhold tax or the way in which income is treated. The specific countries involved and the details of the transaction will determine the extent of the tax expertise needed.

Gaming and Gambling

It may be necessary for operators, platforms and payment providers to carry out an assessment as to whether a game, a promotion or a betting model is regulated in the relevant market. The analysis takes into account the mechanics, the payments, the prizes and the locations of the users, as well as any licensing requirements.

Disputes and Second Opinions

Written advice can be of use when you are trying to evaluate a contractual dispute, a claim that has been proposed, or your current legal position. Firstly, we have to determine whether the advice you need is for making your own decision or is for a document that is intended to be used in proceedings, since different requirements may then apply.

Structure of a Legal Opinion

The format will vary according to the assignment and the requirements of the recipient. A formal letter of opinion usually includes:

Element	What it establishes
Addressee and purpose	Who the opinion is for and the matter it concerns
Scope and applicable law	The legal questions and jurisdiction covered
Documents and facts	The materials reviewed and factual basis used
Assumptions	Matters accepted without independent verification
Legal conclusions	Counsel’s opinion on the questions under review
Qualifications and reliance	Limits on the conclusions and who may rely on them
Date and signature	When the opinion was issued and by whom

The level of explanation varies. Advice prepared for your management team may include a fuller discussion of the reasoning and available options.

How We Prepare Your Legal Opinion

Review the request

Send the recipient’s instructions or explain the decision you need to make. We establish the legal questions, relevant jurisdictions, and intended use.
Confirm pricing and timing

We provide a quote, an expected delivery date, and a checklist of the company records, contracts, and product information needed for the assessment.
Examine the facts and law

We review the materials and clarify missing or inconsistent information. The assessment may identify legal obstacles or changes needed before we can reach a conclusion.
Issue the document

In the final opinion, the legal conclusions, the applicable law, the assumptions, and the limitations are set out, together with the name of the person it is intended for and the purpose for which it may be used.

Working with Legal Kornet

Legal Kornet provides technology and online businesses with advice on issues concerning crypto, commercial law, regulation and intellectual property. We look at how the business actually functions: which entity enters into contracts with customers, what services it offers, and where those customers are located. It is these details which enable us to decide what laws the opinion must address and whether local legal advice is required.

Please send us the request made by the recipient, the jurisdiction of your company, and the deadline. If you do not know which type of opinion you require, then briefly describe the business or the transaction.

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Fees, Timing and Use of the Document

How much does a legal opinion cost?

The fee depends on the questions, jurisdictions, volume of documents and required legal analysis. Send the request or a short description of your matter for a quote.
How long does preparation take?

We confirm the schedule after reviewing your requirements. Document availability, unresolved factual questions and input from local counsel can affect delivery. Include any transaction or submission deadline in your enquiry.
Will the recipient accept the opinion?

Acceptance remains the recipient’s decision. Its requirements may cover the legal questions, wording and qualifications of the signing lawyer. Sharing those requirements at the outset helps us assess whether we can meet them.
Can I use an existing opinion for another purpose?

That depends on its scope, addressee and reliance terms, as well as any changes in the facts or law. An opinion prepared for one transaction may need to be updated or reissued for another.