Three Boston law schools are teaming up to launch a practice incubator that will serve low- and modest-income clients.

Lawyers for Affordable Justice, as the program is called, will employ approximately 12 recent graduates from Boston College Law School, Boston University College of Law and Northeastern University School of Law.

Those selected will spend two years handling immigrant rights, employment and housing cases, as well as small-business and transactional matters. Most clients will pay below-market rates. The schools plan to open the incubator in January.