US Law firms are sponsoring incubators as a number set up investment funds and provide a wide range of assistance to new start-ups with potential. Foley & Lardner has created a nonprofit incubator called Catapult Chicago which helps start-ups get to the next stage through providing office space and access to lawyers. According to the ABA Journal, West Coast firm Wilson Sonsini Goodrich & Rosati has also made a move to woo start-ups by providing work and meeting spaces for its clients, one-on-one coaching and networking opportunities as well as setting up a small venture fund to make small investments in their clients. Meanwhile Shari Wynne of MWR Legal in Texas has put together an accelerator called Incubation Station, offering a programme with mentors which has seen 11 companies raise more the $10.5 million in funding. Source: ABA Journal
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