Law Practice
Jun. 3, 2011
Foley & Lardner Launches Venture Fund
Foley & Lardner announced Wednesday it's starting its own $4 million venture capital fund to invest in clients. Law firm venture funds began in Silicon Valley 40 years ago, but the concept seems finally to be spreading to new markets.
Daily Journal Staff Writer
Foley & Lardner LLP announced Wednesday it's starting its own $4 million venture capital fund to invest in clients.
While law firm venture funds began in Silicon Valley 40 years ago, Foley's announcement signals the concept may finally be spreading to other U.S. legal markets.
In fact, the idea for Foley Ventures began in the firm's Boston office, the other U.S. marke...
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