Facilitating Access to Entrepreneurship Outside the Clinic Setting April 28, 2018 Presented by Shannon Treviño Patrick J. McDonough Director, Business Law Practicum Associate Clinical Professor Loyola Law School, Los Angeles Transactional Clinic Conference 2018

The Challenge Barriers to entrepreneurship include access to networks, raising capital and basic education on how to launch a business Lawyers can and do play an important role in bridging the resources-knowledge gap Outside traditional clinics that provide legal and strategic advice to entrepreneur-clients, what can be done?

Who are we trying to help? CHALLENGES College and Graduate Level Student-Entrepreneurs Access to $ Understanding the value-add of lawyers Where to find a lawyer How to effectively use counsel Appropriate referrals for services Underserved High School Students w/ entrepreneurship focus Understanding role of law in building businesses Competing priorities Substantive understanding of issues Recognizing role of lawyers Future possibilities

Sources of Inspiration Young Lawyers Program “Street Law”-like visit to Long Beach high school in 2017 Local chapter of BUILD Clients of social justice clinics

Methods of Implementation: # 1 Method: Educational workshop for student- entrepreneurs Barriers and lessons learned Geographic Cultural Political What to focus on (and feedback from the “client”) Preliminary outcomes

Methods of Implementation: #2 Method: Opportunity for law students to provide educational workshops to underserved high school students Target audience is high school students in business/finance/entrepreneurship programs Many law schools face a gap in pro bono offerings for students interested in transactional practice Goal is to offer pro bono hours (approx. half the hours needed for graduation) Potential for conversion into course for credit

Pilot Visit to Local High School Cabrillo High School – Academy of Law & Justice – Contract Negotiation Exercise

Pro Bono Requirement ABA Standard 303(b) requires law schools to “provide substantial opportunities to students for … (2) student participation in pro bono legal services, including law-related public service activities.” Interpretation 303-4 provides that “law-related public service activities include…(iii) participating in activities providing information about justice, the law or the legal system to those who might not otherwise have such information….”

Pro Bono Project Educating Entrepreneurs in Underserved Communities Benefits (to high school students) Challenges Benefits (to law students) Next Steps

Questions?