Privacy Policy
Last updated: July 2026
1. Who We Are
Acquisition.law is operated by Founders LLP ("Founders LLP," "we," "us," or "our"), a law firm. This policy explains how we collect, use, store, and share information when you visit acquisition.law, use our free Letter of Intent ("LOI") review tool, or submit a request for a consultation.
2. Information We Collect
We collect the following categories of information when you use our site:
- Contact information you provide directly, such as your name, email address, and phone number.
- Deal information you provide, such as whether you are buying or selling, your deal stage, and any details you share about your transaction.
- LOI content you upload or paste into our free review tool, including the file itself (PDF, Word, or text) and/or pasted text, and whether you identified yourself as the buyer or the seller in the transaction.
- Technical information collected automatically, such as browser type and general usage data needed to operate and secure the site.
3. How We Use Your Information
We use the information we collect to:
- Generate the AI-assisted, general educational review provided through our free LOI review tool;
- Contact you about your submission, including to follow up about a potential engagement with our firm;
- Operate, maintain, and improve our website and tools;
- Comply with applicable law and protect the rights, safety, and property of Founders LLP and others.
4. AI Processing and De-Identified Data Use
When you use our free LOI review tool, the text of your LOI is sent to a third-party AI service provider (currently Anthropic, the maker of Claude) solely to generate the general considerations shown to you. In accordance with that provider's standard commercial API terms, content submitted through the API is not used to train the provider's underlying models unless we separately agree otherwise. We encourage you to review that provider's own privacy and data usage policies directly if you have questions about how they handle data in transit.
By submitting an LOI or other information through our tools, you grant Founders LLP the right to use de-identified and aggregated information derived from your submission — meaning your name, contact details, counterparty names, and any other information that could reasonably identify you or the parties to your transaction have been removed — for purposes including improving our tools, internal analytics, benchmarking, training our team, and general business research. We do not publish or share de-identified data in a way that we reasonably believe could re-identify you or your transaction.
5. Confidentiality
We understand that LOIs and related deal information are sensitive and often confidential. We do not sell your personal information or the content of your submissions to third parties, and we do not share the content of your specific LOI publicly. Submissions are used only as described in this policy: to generate your review, to allow our team to follow up with you, and — in de-identified, aggregated form only — to improve our tools and practice.
Using this tool does not create a lawyer-client relationship with Founders LLP, and information you submit is not treated as privileged or protected by solicitor-client privilege unless and until you have formally engaged our firm.
6. Third-Party Service Providers
We rely on third-party service providers to operate this site and our tools, including:
- Netlify — website hosting, form submission storage, and serverless function execution;
- Anthropic — AI processing used to generate your LOI review.
These providers process information on our behalf and are themselves subject to their own privacy and security practices. We select providers that maintain reasonable technical and organizational safeguards.
7. Data Retention
We retain submitted information, including LOI content, for as long as reasonably necessary to respond to your inquiry, maintain our business records, and support the purposes described in this policy, after which it may be deleted or retained only in de-identified, aggregated form. You may request earlier deletion of your personal information as described in Section 8 below.
8. Your Rights
Depending on your jurisdiction, you may have rights to access, correct, or request deletion of your personal information, or to withdraw consent to our use of it. To make such a request, contact us using the information in Section 11 below. We will respond in accordance with applicable privacy law, including Canadian federal and provincial privacy legislation where applicable.
9. Data Security
We take reasonable technical and organizational measures to protect the information you provide. However, no method of transmission or storage is completely secure, and we cannot guarantee absolute security.
10. Children's Privacy
Our site and tools are intended for business use by adults and are not directed at children. We do not knowingly collect personal information from children.
11. Contact Us
If you have questions about this policy or wish to exercise your privacy rights, please contact us at chris@founders.law.
12. Changes to This Policy
We may update this policy from time to time to reflect changes in our practices, tools, or legal requirements. We will post the updated version on this page with a new "Last updated" date.