Another important part of the entrepreneurial ecosystem are progressive professional services firms dedicated to helping young companies grow. Sound legal advice is especially critical – protecting intellectual property , deciding the best legal and governance structure, negotiating strategic alliances and structuring debt – the issues facing a new firm seem endless. Wise counsel is needed for entrepreneurs to navigate the complexities of business law.
Indiana boasts several firms, including Indianapolis-based Barnes & Thornburg, Baker & Daniels, and Ice Miller LLP, with strong practices focused on emerging growth companies and high-tech start-ups.