For-profit Transactions Introduction
The majority of the content within this section of the Entrepreneurship Law website is for the faculty use. Are you a professor interested on joining our group - or accessing the academic contents of this website? Submit an application for membership. If you are already a member, please log into the secure section of the site.
The information and sample documents included in this section of the website are intended to be used in a small business, entrepreneurship or technology program in which law students work under faculty supervision to provide legal assistance to for-profit business clients. Information in this roadmap is derived from 10 years of clinical experience at Northwestern University School of Law, and is provided in the chronological order in which legal issues will normally be addressed.
There are references in the text to sample documents that may be accessed by clicking on the collections designated in bold letters. Most of these are “standard documents”, namely those in widespread use throughout the legal profession whose authors are unknown. Others are the original work product of a transactional clinic - usually drafted by law students in connection with actual client assignments. Materials pertaining to the states of Delaware, California and Illinois, and other jurisdictions, are included for illustrative purposes only - but tend to be representative of what might be appropriate in other states as well.
The purpose of proving such information and documents is to provide a starting point from which faculty and students can work, on the assumption that the advice given and the documents drafted in the law school clinic will be tailored to reflect the particular facts involved and the differences in legal requirements in each jurisdiction. The names and situations identified in the sample documents are hypothetical.
For more information on how to navigate the For-profit Transactions in Clinics section of the eLaw website, please refer to the How to Help For-Profit Clients guide.
