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The following projects are typical of the legal assistance provided by the Entrepreneurship & Innovation Law Clinic (EEILC):
Structure (or restructure) your organization to manage risk and for maximum impact as a limited liability company, corporation, benefit corporation, low-profit limited liability company, or a combination of these options. We also help you create a legal framework for allocating your profits, ownership and decision-making power.
MSU Law Clinic - Entrepreneurship & Innovation Law Clinic P.O. Box 1570 East Lansing, MI 48826
Michigan State University Law Building 648 N. Shaw Lane, Room 215 East Lansing, MI 48824-1300 * Please send all correspondence to our mailing address. Mail sent to our physical address may be delayed by up to a week or more.
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Understand your rights as an innovator, and protect your organization's valuable intangible assets with intellectual property registration, license agreements, and nondisclosure, confidentiality, non-compete and non-solicitation agreements. We can also counsel you on data protection, including drafting click-wrap or other end-user agreements for protecting online databases.
We draft and review the documents you need to operate your organization, including contracts, license agreements and leases with organizations or individuals who buy – or from whom you buy – goods, services, facilities, intellectual property and other privileges. We can also help you manage your risks when interacting with others through liability waivers and indemnification agreements. If your organization is online, we can help you develop terms of service, privacy policies and social media policies.
Govern your organization with purpose using committee charters, board and employee codes of conduct and codes of ethics, and corporate governance guidelines. We can also help your organization obtain B Corp certification and develop board self-assessment tools and metrics.
Whether your organization uses donations and grants, sales or non-operating revenues, private or public investment, debt, or all of the above, we can help. We can help you understand, negotiate and enter into loan and note agreements, guaranties, equity agreements, and grant agreements. We can also advise you on revenue generation models to minimize your organization’s risk, regulatory and tax exposure.
If you want to scale your organization’s reach by combining efforts with like-minded organizations, we can help you negotiate a memorandum of understanding, merger, acquisition, joint venture, or fiscal sponsor agreement. If you’re ready to tackle the next challenge, we can help you get the next round of funding or financing, or pivot or exit with a sale or divestiture.
Hire and retain talent with employment and independent contractor agreements and compensation guidelines that support your organization’s goals.
We can help you determine whether your organization needs permission from the government to do its work, and guide you through the process of obtaining necessary licenses and permits.