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Practice Areas

Mission-Focused

PathLight Law is a mission-focused, full service law firm handling almost every legal need for community funds, social enterprises, nonprofits, and cooperatives, large and small. We care about your success and aim to be your go-to advisor on legal and business decisions. One of our focus areas is working with clients to design strategies that ready them for raising capital in alignment with their values and from the right types of investors.

While we have received numerous accolades for our legal work on impact-focused investing campaigns, community investment funds and mission-aligned capital-raising projects, we partner with clients on a wide range of legal subject matters. With our low overhead and competitive hourly rates, we help our clients spend more of their resources on what they do best—making a difference.

Our practice areas include:

Company Formation & Entity Selection

  • Benefit Corporations and Flexible Purpose Corporations
  • Cooperatives
  • Corporations
  • LLCs and L3Cs
  • Nonprofit formation and tax exempt applications
  • Hybrid profit/nonprofit organizations and partnerships
  • Limited partnerships
  • Conversions to a new entity form
  • Amendments to formation documents

Securities & Financing

  • Capital-raising legal strategy consulting
  • Community Investment Fund design, implementation, and compliance
  • Preparation of securities offering documents for various legal strategies:
    • Regulation Crowdfunding
    • Regulation A+
    • Private placements
    • Direct public offerings
    • Nonprofit and charitable offerings
    • Innovative combinations of capital-raising strategies
  • Employee and stakeholder ownership financing

Protection of Intellectual Property

  • Trademarks
  • Licensing agreements
  • Terms of use and privacy policies

Governance & Compliance

  • Outside general counsel services
  • Compliance with filing and licensing requirements
  • Creative corporate and LLC governance models
  • Investor relations, corporate meetings/minutes, and reporting
  • Lender licensing

Tax and Succession Planning

  • For-profit and nonprofit entity tax advising
  • Succession planning

Business Transactions

  • Mergers and acquisitions
  • Buy/Sell agreements
  • General business contracts
  • Contract negotiation
  • Lease Review

Employment/Personnel Matters

  • Employee stock option and incentive plans
  • Independent contractor agreements
  • Employee ownership trusts