Well, my former employees (who aren't completely bilingual, but certainly do "English-->Chinese" admirably) are now asking $500 per day to perform similar services, but I'd be shocked if $100 wouldn't be enough to get them out of the house.

Questions: how many bodies are you looking for? what degree of technical knowledge do you require (i.e. in light of your handle, I'm guessing that some legal terms will be tossed around, but if they aren't substantially more complex than "litigation" or "intellectual property", you certainly don't require Chinese lawyers for this task,... though I have a hunch that that's what your partner is thinking).

In any case, if your figure is still north of $1500, I encourage you to publish an RFP here so the China Forum regulars can get in on the action.