Business FAQ
Assistance through Local Law Schools
- Penn Law Entrepreneurship Legal ClinicFounded in 1981 with Wharton, Penn Law’s Entrepreneurship Legal Clinic (ELC) provides pro bono transactional legal services to Philadelphia area entrepreneurs and businesses.
- Detkin Intellectual Property & Technology Legal ClinicThe IPC provides pro bono transactional patent, copyright, trademark and trade secret services to individuals, non-profit and for-profit clients in technology and the arts. The Clinic is groundbreaking in establishing a unique relationship with The Penn Center for Innovation (“PCI”) and tapping into the resources of Penn’s strong network of professional schools (including the Schools of Engineering, Medicine, Business [Wharton], Arts and Sciences, and other Penn departments and programs).
- Drexel Entrepreneurial Law ClinicThe Entrepreneurial Law Clinic provides legal advice for Philadelphia start-ups by matching students with a select number of innovative start-up company clients.
- Villanova Clinic for Law and EntrepreneurshipA clinical law program that provides pro bono legal representation to entrepreneurs, small businesses, and social ventures.
Assistance through Local Law Firms
- Ballard Spahr BASEBallard Academy for Student Entrepreneurs (BASE), offers participants practical legal advice for developing a new venture, a value-added team of experienced and accessible lawyers, and an education on how to avoid mistakes and how to solve problems when they arise.
- Cozen O'Connor COpilotCOpilot provides legal resources to establish your growing business, including downloadable templates, such as a Certificate of Incorporation for Delaware.
- Saul Ewing RAMPThrough the firm’s RAMP initiative, clients are able to take advantage of key resources, access to capital, and mentoring as they navigate the path from idea to reality.
Term Sheet Generators
Law firms including those below provide tools to create drafts of startup and venture financing documents based on responses to interactive questions.
- Cooley LLPSeries Seed Equity Financing Documents Generator designed for U.S. companies incorporated in Delaware
- OrrickIncorporation, Convertible Note Financing, and Preferred Stock Financing Term Sheet Creators
- Wilson SonsiniTerm Sheet and Convertible Note Term Sheet Generators, basic tutorials, and annotations on financing terms
