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<b><I>Media & Communications:</I></b> How Being a Benefit Corporation or B Corp May Help Land the Right Clients

By John Montgomery

Your law firm's choice of entity is not usually a client magnet. Clients generally don't choose your firm because you incorporated as a professional corporation or a limited liability partnership. With the advent of the benefit corporation and B Corp, however, how you have organized your law firm suddenly matters, especially to the right clients.

This article explores whether or not it makes sense to organize your law firm as a professional benefit corporation and/or B Corp to help you attract the growing number of clients seeking a law firm aligned with their social and environmental values. These clients include impact investors, devotees of sustainability practices, those committed to social responsibility, and entrepreneurs creating businesses that have meaningful purposes in addition to generating revenue.

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