Law Office, Business Groups set Partnership

Adler Pollock & Sheehan has formed a partnership with the Minority Investment Development Corporation and Rhode Island Coalition for Minority Investment to help build strong urban businesses in Rhode Island. The firm will offer basic legal services at no cost to eligible clients of the MIDC/RICMI who are starting their own business or expanding an existing business. These business formation businesses include providing advice and assistance on the selection of a choice of entity upon formation, preparing the appropriate charter documents for the entity preparing basic organizational documents such as bylaws for corporations or operating agreements for LLCs and resolutions for opening bank account, and preparing applications to transact business in another state.

The Minority Investment Development Corporation is for profit corporation that makes loans for a variety of purposes. The Rhode Island Coalition for Minority Investment is a nonprofit organization that provides business development assistance to borrowing clients of MIDC as well as economically disadvantages small businesses.

Charles Newton, chairman of MIDC, states, “This partnership between Adler Pollock and Sheehan and MIDC/RICMI will prove invaluable to our clients, who are often in need of quality professional services and guidance in determining the best business structure for their organization and the impact of this decision.”

Founded in Providence in 1960, Adler Pollock and Sheehan has grown from three lawyers into a full-service law firm with 23 practice areas and 68 lawyers, serving clients through its offices in Providence and Boston.

Source: Providence Journal, November 14th, 2006