Third Sector and Ropes & Gray LLP Named As Boston Business Journal’s Partners of the Year

On Wednesday, September 10th, Third Sector Capital Partners, Inc. and Ropes & Gray LLP, were named Boston Business Journal’s Partners of the Year. On an annual basis, the Boston Business Journal honors the connections between businesses and nonprofits in the region. Third Sector’s Managing Partner, John Grossman, and Ropes & Gray’s Partner, Winthrop Minot, accepted the award at the Boston Business Journal’s Annual Corporate Citizenship Summit held in Boston.

Ropes & Gray LLP is a global law firm with over 1,100 employees and has received numerous awards for its pro-bono services and commitment. Third Sector first engaged in an innovative partnership with Ropes & Gray in 2012 during the construction of the Massachusetts Juvenile Justice Pay for Success Initiative. Since 2012, Ropes & Gray’s teams in Boston, San Francisco and Chicago have provided pro bono legal services to incorporate Third Sector as a legal entity, represent Third Sector during the Massachusetts Juvenile Justice Initiative’s contracting and negotiations-- including the creation of the nation’s first Pay for Success contracts, and to establish the legal funding entity for the initiative. Third Sector and Ropes & Gray continue to work together as the number of Pay for Success transactions grow nationwide.

Photo credit W. Marc Bernsau, Boston Business Journal