Entrepreneurship and Business Principles for Lawyers

Description: This course is designed to familiarize law students with the basic tenets of business, with a focus on starting, growing and operating an entrepreneurial venture. Whether a student plans to own and operate their own law firm or other business.or provide counsel to startup and emerging growth companies, this course will fuse legal and business concepts to help them better understand what it means to create and run a business. Topics surveyed will include the core functions of a business, understanding financial statements, new venture creation, the innovation process, sources/use of funds, including venture capital, special issues of management, governance and succession which arise in the context of closely-held and growing businesses, risk management, and ethical issues facing attorneys who represent entrepreneurs. The course will include lectures from a variety of local business leaders and attorneys. The grade will be based on class participation, weekly “In The News” presentations and a final exam.