I would like to have a distribution contract reviewed by a lawyer specialized in worldwide intellectual property, to ensure that the contract is fair for all parties involved.
I asked to one lawyer and he replied that his hourly rate was $450 and that it would take them up to 4 hours to do this review. If we rewrite the contract, most likely we will have to have it reviewed again.
Are these the standard rates for contract reviews? Are there other options I should know about before paying a lawyer this much to review a contract?