Lawyers Leverage Entrepreneurship
Business Is A Team Sport
Lawyers do more than tell entrepreneurs what they cannot or should not do. They leverage entrepreneurship by creating structures that accommodate the various stages any business passes through while staying abreast of the changing business law landscape. From concept through startup, growth, pivots, market missteps, complete transformations, planned or unexpected exit strategies, lawyers flatten the bumpy path of entrepreneurial success. Finding a lawyer isn’t hard, however finding a lawyer that understands entrepreneurs is. Fortunately, the BTE Bootcamp™ has partnered with valued sponsor, Stole Rives LLP. With nearly 400 practicing attorneys operating out of 11 offices in seven states and the District of Columbia, they will once again sponsor the Palouse Knowledge Corridor’s™ Be the Entrepreneur Bootcamp™. Brian Larsen returns this year with two additional experts, Claire Mitchell, a food and beverage regulatory compliance attorney, and Kris Ormseth, a specialist in general business advice, acquisitions, and corporate governance.
Sponsorship and Entrepreneurship
Below, Larsen answers detailed questions about why Stoel Rives supports the BTE Bootcamp™ efforts and shares his own insightful observations.
Brian Larsen, a partner in the firm’s Boise office, and presenter at 2015’s Bootcamp is set to return this year to moderate a panel discussion, “Building Your Team.” Larsen acts as outside legal counsel for corporations ranging from established public and private businesses to emerging-growth businesses and entrepreneurs. Brian works with business owners, boards of directors, managers, employees, investors, customers and vendors to respond to their day-to-day business needs and legal issues. Brian’s experience includes reviewing and drafting corporate contracts, including supplier agreements, distribution agreements, sales agreements, joint venture agreements, purchase agreements, agency agreements, license agreements, employment agreements, and confidentiality agreements. He advises clients with respect to securities law and regulatory issues, representing clients in structuring various debt and equity capital transaction, including obtaining financing from investors and financial institutions, the private placement of securities, and other financing alternatives.
Q. How did Stoel Rives get involved with BTE Bootcamp™, when its offices are located in larger metropolitan areas rather than in the Palouse Knowledge Corridor™?
A. Our involvement began with the University of Idaho’s participation in the Idaho Innovation Awards, a program launched and organized by Stoel Rives. Through the Idaho Innovation Awards, Stoel Rives developed relationships with key people at U of I, which created the opportunity for us to work with the U of I and WSU, and to participate in the BTE Bootcamp™ experience.
Q. How does Stoel Rives support entrepreneurship in general?
A. We believe that a community’s focus on entrepreneurship and fostering entrepreneurship are key to the development of a region’s corporate foundation. Without entrepreneurs, Idaho would not be thriving in today’s market. Idaho and Washington economies were founded on young entrepreneurs taking risks, be it Microsoft, Simplot, Amazon or Micron. We, at Stoel Rives, spend a lot of our time and resources on fostering and developing entrepreneurs and the entrepreneurial spirit. Entrepreneurship is the backbone of our communities.
Q. You were a BTE Bootcamp™ presenter last year and were present for most of the five-day camp. What impressions did you leave with?
A. The right people were there. From the attendees to the directors, supporters from the community, angel investors, private equity investors, and marketing professionals, all were on hand to create an environment that was conducive to success. Because of that, I went back to Stoel Rives and said, “We need to do this next year. It’s important for the PKC™ and it’s important for us.”
Q. What’s been the effect on Stoel Rives from its sponsorship and your participation?
A. Stoel Rives has offices throughout the Pacific Northwest but doesn’t have boots on the ground in Northern Idaho or Eastern Washington. By getting involved, we’ve created relationships and connections that will evolve as both the BTE Bootcamp™ and Palouse Knowledge Corridor™ continue to grow. Our participation also reinforces Stoel Rives’ commitment to the Palouse Valley and to entrepreneurship in general.
Q. What else would you like people to know about Stoel Rives and its support for BTE Bootcamp™?
A. Stoel Rives wants to see all businesses, but especially entrepreneurs, grow in the area served by PKC™, and we want to be a part of it. I can’t say enough about how important it is that all of us are involved in mentoring entrepreneurs. It is essential to the continued economic growth of Idaho and Washington. Besides, after visiting the Palouse for the first time last year, I can’t think of a better place to visit during the first part of June.