Corporate Governance and Legal Responsibilities of In-House Counsel in Business

A LL.M. in Law Course That Satisfies ULWR

Legal responsibilities of in-house counsel; corporate governance, decision-making, risk assessment and balancing business advice with professional responsibility. Satisfies ULWR.

Almost all businesses encounter contract law, the creation of legally enforceable agreements between people or entities. In addition, all businesses face legal liability risks that must be managed. Moreover, most businesses must manage intellectual property rights to be competitive.

Legal Reasoning

Legal reasoning teaches students to break down complex legal rules into smaller components and understand their logical structure. Then, they learn to apply new facts to these rules using a deductive approach that lawyers, judges and other legal professionals call a syllogism, which is an argument based on formal logic.

The goal of this course is to teach students how to identify the legal issues that a business faces and then use this knowledge to make informed decisions about future steps for the company. This includes understanding the laws that govern corporate behavior and how they change over time.

Law students must also be familiar with the rules that govern business transactions and contracts. This course explores these fundamental issues by examining court cases, administrative regulations and pending controversies drawn from current news headlines.

Legal Analysis

Legal analysis is a key skill for preparing legal documents. It involves identifying the legal issues in a case and predicting how a court would resolve those issues. It also requires a deep understanding of the structure and organization of law, including legal precedents. Students are taught the essential skills for legal analysis through a series of short assignments culminating in a written legal analysis.

This course introduces students to the fundamental principles of the legal system and how it operates in business society. It covers basic jurisprudential discussions and debates, the relationship of law to ethics, and legal and economic theories of contract, torts, property and criminal law.

This specialized externship placement teaches students to conduct legal research and analyze legal questions, all under the guidance of experienced faculty. It is designed to provide a hands-on complement to traditional courses in public law.

Research Skills

Research skills are important for law students because legal work requires the ability to find and evaluate information. This includes understanding and interpreting law and legal opinions, creating arguments, reading case law, researching legislation, and preparing research schedules.

During the Fall Semester (LRW, or Legal Research and Writing), professors help students learn these skills in a graduated, systematic manner closely linked to their analytical and writing assignments. They provide extensive feedback through written comments on assignments and individual conferences.

This seminar teaches students to use primary sources to analyze selected topics in corporate and commercial law. It covers a wide range of issues, including fiduciary duties, shareholder activism, executive compensation, corporate governance, takeovers and securities fraud. It also explores the incentives that cause corporate participants to engage in inefficient strategic behavior, as well as how markets and laws respond to these incentives. This course satisfies the upper-level writing requirement.

Communication Skills

Communication skills are the fuel that powers the engine of any workplace, from facilitating effective meetings to writing contracts and memos. In addition, communication is vital in personal relationships, whether discussing holiday plans with a partner or communicating with children about homework assignments.

Students learn about legal, ethical, and public policy issues involved in managing business organizations. Topics include establishing a business organization; managing the rights and duties of officers, directors, and shareholders; and addressing corporate transactions, enterprise risks, and governance.

In this practical course, students develop their writing and negotiation skills in a mock litigation setting as outside judges bench the class in a moot court exercise. Students also refine their legal analysis skills by drafting written memoranda and advising clients as they research a complex issue. This course provides an opportunity to gain experience in the practice of law while exploring careers in business.

Move forward to know more

Write a Reply or Comment

Your email address will not be published. Required fields are marked *