Matthew McElwee

Founder & Managing Member

Matthew McElwee is the Founder and Managing Member of Founders Law. He advises founders, startups, growth-stage companies, and venture capital funds, taking a uniquely practical approach to any legal issue that affects his clients.

In his role as outside corporate counsel, Matthew is the first and often single point of legal contact for his clients, working with specialist providers as-needed and advising his clients on a wide variety of corporate matters, including entity formation, commercial contracts, employee matters, and raising capital. As a founder, investor, and former operator, Matthew is uniquely familiar with entrepreneurship, company formation, and the acquisition and management of funding for startups.

Matthew has worked at some the largest firms in Chicago, IL (Kirkland & Ellis; Neal, Gerber & Eisenberg; and McDonald Hopkins), but launched Founders in 2020 to tailor his approach and his rates to the early-stage startups that he loves to work with.

Matthew earned his J.D., summa cum laude, from Chicago-Kent College of Law in 2016 and his B.S. in Business Administration from Southern Illinois University Edwardsville in 2012.

Insights & Articles

April 29, 2026
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Many startups are cost conscious and have to think carefully about whether they spend limited funds. Many are also technology-focused, and their value depends heavily on their ability to identify, protect, and commercialize core intellectual property. Patents can provide meaningful exclusivity for the right inventions, but the expense, lead time, and procedural friction involved means they are not always the most efficient tool for every category of IP.
April 27, 2026
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Few areas might seem further apart than the arts and the law. One deals with the expression of emotion and ideas with the goal of connecting and moving others, and the other operates in the realm of technicalities and minute detail. Outside of dealing with copyrights, most creatives rarely consider how the law might impact or even help them, and instead focus on what they do best: create.