Information for Prospective Clients

Introduction to the Entrepreneurial and Transactional Law Clinic (ETC)

Entrepreneurial and Transactional Law Clinic flyer

Why Become Our Client?

ETC student attorneys are sworn in to practice under Iowa law and have the unique position of utilizing on behalf of our clients the most leading-edge legal theories and recent statutory enactments with insight developed through their contemporaneous classroom lectures and one-on-one faculty supervision to strive to ensure that our clients’ legal needs and goals are respected and accomplished.

What Types of Transactional Services Are Offered?

BUSINESS ENTITY FORMATION AND ORGANIZATION

• Startup and transitioning for-profit business
• Nonprofit corporations and foundations
• Employee-Owned Cooperatives ("EOC") [Click to learn more]
• Includes articles of organization, certificates of organization, and CTA compliance submissions

BUSINESS AGREEMENTS PREPARATION AND NEGOTIATION

• Entity operational, governance, and management documents (includes bylaws, operating agreements, and written consents)
• Co-owner and buy-sell agreements
• Commercial leases
• Financial contracts
• Standard service contracts
• Employment or independent contractor agreements
• Other business agreements and documents

TAX-EXEMPT STATUS ASSISTANCE TO 501(c)(3) ENTITIES

• Applications for 501(c)(3) tax-exemption recognition
• Counseling for renewal or maintenance of 501(c)(3) tax-exemption recognition

LEGAL AUDITS AND ORGANIZATIONAL CHECK-UPS PERFORMANCE

COMMUNITY PROJECTS CONSULTATION

• Revitalization projects and transactions
• Economic development incentive programs

PRACTICE DISCLAIMER: The ETC does not prepare tax returns or provide assistance initiating or defending litigation.

What Are the Fees and Expenses Charged?

ETC clients receive free legal services but are responsible for all out-of-pocket fees and other expenses associated with the representation (such as state filing or application fees).

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