Transaction Law Firm · Dallas, Texas

Deal counsel, rewired.

M&A, venture capital, and corporate law for buyers, founders, and lower middle market companies — built from scratch on infrastructure designed for the next generation of legal practice.

Texas-admitted counsel Main Street & lower middle market
About

A one-lawyer firm, built on purpose.

Austin Young, founder and managing attorney of Current Counsel

Austin Young is the founder and managing attorney of Current Counsel. He spent years practicing corporate and M&A law at a leading AmLaw 200 firm, helping companies raise capital, negotiate exits, and navigate complex transactions. That experience provided elite technical training and a clear conviction that lower middle market transactions stand to benefit from a law firm designed for their market. A small business owner and first-time seller should not have to choose between the family attorney who “does some M&A” and a large law firm who treats their deal like a side project.

As a natural counselor at heart, Austin’s desire is to walk alongside business owners and operators at every stage — offering practical, grounded legal guidance that empowers companies to start, grow, transact, and thrive with clarity and confidence.

This practice serves buyers making a single acquisition, search fund operators closing on a platform and subsequent add-ons, founders raising their first round, and business owners preparing for a sale.

Bar
Texas
Prior Firm
Vedder
Education
JD, SMU Dedman
BSBA Finance, Oklahoma State
Practice
M&A & Corporate
Scope
Texas & National
Practice Areas

From LOI to close — and everything around it.

End-to-end counsel across the deal lifecycle, structured around how transactions actually move.

01

M&A — Buy-Side & Sell-Side

End-to-end transaction support from LOI through closing. SBA-financed acquisitions, search fund platforms, add-on deals, and traditional middle market sales. Diligence coordination, purchase agreement negotiation, and post-closing support.

02

Venture Financings

Pre-seed through growth rounds. Term sheet negotiation, SAFE and convertible note structuring, equity financing documentation, and cap table management.

03

Formation & Corporate Governance

Entity structuring, restructuring, operating agreements, founder agreements, board governance, and corporate housekeeping.

04

Commercial Contracts & Advisory

Drafting, review, and negotiation of the agreements that power your business. Ongoing contract support, employment matters, and strategic counsel available through flexible engagement models including monthly retainers.

Fixed Scope

Defined deliverables. Predictable cost.

Structured legal products for specific needs.

Formation & Growth

Startup Legal Diagnostic

A structured assessment of your company’s legal foundations. Readiness score, gap analysis, and a prioritized roadmap — before investors or growth expose what’s missing.

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Pre-Transaction

Sell-Readiness Review

Evaluate legal readiness before going to market. Framed through a buyer’s lens to surface issues that delay or kill deals, so you can fix them on your timeline.

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Deals under $1MM

Quick Close

Professional transaction facilitation for small deals that deserve real legal structure but can’t absorb traditional M&A fees. Flat fee.

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How We’re Built

Human driven. AI-accelerated.

Most legal practices have “adopted” some form of AI. This practice is purposefully built to thrive in an AI-driven world — not by passing legal judgment to software, but by designing the firm’s operating system to capture the efficiencies of AI while preserving what makes human counsel essential.

01

Built in-house. Not licensed from a vendor.

Our context infrastructure is proprietary — designed around how deals actually move, not how a software company thinks they should. AI surfaces patterns and assembles information. The attorney makes every judgment call. Client data is held under full attorney-client confidentiality.

02

Live context across every platform.

Deal terms, correspondence, documents, counterparty history, statuses are pulled together from every system in real time. One query can assemble the full picture of any active matter in minutes. This is how a one-lawyer structure becomes a design feature.

03

The knowledge compounds. The overhead doesn’t.

Every engagement deepens the practice. Deal structures, negotiation patterns, risk allocations, and lessons from prior closings inform how each new matter is run — without crossing the lines of attorney-client confidentiality.

“Working with Austin felt like having a partner, not just an attorney. He understood what I was trying to accomplish and focused his energy on the things that actually moved the needle. Overall, he made an intimidating process feel manageable.”
Pricing

Transparent fee structures — designed to fit your project.

Option
Hourly

For matters where scope is uncertain or evolving. Transparent rates, detailed invoicing, no surprises.

Option
Flat Fee

Fixed pricing for defined-scope projects — contract review, drafting, and similar single-matter work. Scope and price agreed before work begins.

Option
Monthly Retainer

Ongoing coverage for companies that need consistent counsel on call. Scales with the relationship.

Structured Fee · How it works

Cost certainty, shared risk, incentive alignment.

M&A deals are unpredictable by nature. That is why pure flat fee pricing rarely works in M&A — the outcome and timing of a deal are rarely what everyone expects when the LOI is signed. What happens when the deal dies early during diligence or drags on for eight months? This headache is what pushes firms back to hourly billing.

Our structured fee model provides cost certainty, shared risk, and incentive alignment. We agree on a target number upfront. The guardrails below set out where risk sits on each side when a matter runs long or ends early. The model is deliberately outcome-neutral, so we can represent clients’ interests without a structural pull toward closing, walking, or running up time.

Client cost × Deal progress
75% 100% 125% CLIFF FEE HOLDS HOURLY
Early termination < 75%
If the deal dies before close

Billing reverts to hourly for time actually spent. No attorney windfall for a deal that didn’t close.

Scope overrun > 125%
If work runs past the estimate

The firm absorbs the first 25% of overage. Hourly billing only resumes once actual hours exceed 125% of estimated.

Material Scope Change If the transaction or scope materially changes during representation, we work with clients to find a new target fee number that fits the new deal.
Let’s talk

Let’s talk about your deal.

Free 30-minute consultation. No obligation.

“Your conduit from where you are to where your business is going.”

5930 Royal Lane, Ste E PMB #165
Dallas, TX 75230
info@currentcounsel.law