Nutter's 'grants' establish foothold among startups
| February 25, 2008 |  View for printing |
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
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