Nutter’s ‘grants’ establish foothold among startups

Nutter McClennen & Fish LLP has borrowed a strategy from the venture capital community by partnering with promising startups as a way to develop future clients.

Three years ago the Boston-based law firm invested $1 million in its Technovation program, a grant system that doles out free legal-service credits to fledgling companies.

"We’re trying to identify these companies early on and partner with them at an early stage, and hopefully stay with them for a long time," said Richard Kimball, the Nutter partner who created the program. "It’s marketing. Everyone who competes in this space is trying to get out there and put a stake in the ground."

by Lisa van der Pool Boston Business Journal

Full Story: http://www.bizjournals.com/boston/stories/2008/02/25/story9.html?ana=from_rss