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256.7 sec. 1 - Interactions of Legal and Business Imperatives (Fall 2011)
Instructor: Barry Kaye (view instructor's teaching evaluations | profile)
Instructor: Hugh Taylor (view instructor's teaching evaluations | profile)
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Meeting Time: Tu 3:35-5:25
Meeting Location: 12
Course Start: August 30, 2011
Course Control Number (Non-1Ls): 49739
The day-to-day practice of corporate law presents numerous problem situations where the needs of the business and the ideal legal solution are often at odds with one another. For example, sometimes the clear best practice, in legal terms, is to admit nothing. However, for reasons of business credibility, it is necessary to make certain disclosures. How do you, as the attorney, advise the corporate managers? What is the optimal legal solution to the problem? What is the ideal business outcome? Are they in alignment or are there conflicts that need to be resolved? What are the trade-offs, risks and problems that you encounter with each possible solution path? How do you resolve them?
Skills that will be developed during the course include:
- Learning the basic language of business and how to analyze key financial information;
- Learning how business decisions are made by corporate managers;
- Learning how to argue and advocate positions in a way that corporate managers will understand, respect and act-on; and
- Learning how to be viewed by corporate managers as an integral part of the success of the business and not simply the "hall monitor" telling them to be careful.
This course may satisfy the Writing Requirement.
Exam Notes: P
Course Category: Business Law
This course is cross-listed in the following categories:
Advocacy Skills Courses
Law and Economics
Negotiation and Dispute Resolution
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A reader will be used in this class.
Instructor has indicated that no books will be assigned.