SAM Venture Partners and the Preccelerator were featured this week in an article by the LA Business Journal entitled “Law Firms Find Fit with Venture Capital Funds.”

“Several law firms in Los Angeles have created venture capital outfits that invest in early-stage startups and offer legal advice in exchange for equity stakes in the companies. These offshoots at firms such as Stubbs Alderton & Markiles and Manatt Phelps & Phillips are not necessarily huge revenue generators, lawyers at the firms said. But the venture capital initiatives — as well as accelerator and incubator programs tied to the operations — offer access to a pool of new clients, and relationships formed with executives at startups can lead to a steady billing stream down the line.”

To read the full article, visit here.

For more information about SAM Venture Partners or the Preccelerator contact Heidi Hubbeling at hhubbeling@stubbsalderton.com