Students may affiliate with the Center for Business and Financial Law either as Harlan Scholars or as Associates by applying to the Center towards the end of their first year.
Affiliating with the Center provides students the opportunity to enhance their knowledge and skills in business and financial services law by concentrating their course of study, working directly with faculty members and alumni affiliated with the Center, and participating in projects and events sponsored by the Center.
Student affiliates should also consider joining the CBFL Fellowship program, which entails students taking a leadership role in the Center’s projects and programming and potentially qualifying for paid positions and scholarship funds.
Affiliates should use the Center’s Resource Guide to bolster their knowledge, keep track of trends, and develop an interest and expertise within the business and financial law field.
Given the time needed to complete all of the requirements below, students may not join or transfer to the Center for Business and Financial Law during their last semester of law school.
Students that affiliate with the CBFL must meet the following curricular and extracurricular requirements. One course may not be used to fulfill more than one requirement.
1. Students must take the following core courses and should do so as early as possible in their course scheduling:
- Corporations (4 credits, ideally in the fall after the first year)
- Commercial Law (4 credits). This requirement may also be fulfilled by taking either Sales and Negotiable Instruments or Secured Transactions
- Securities Regulation (4 credits) or Financial Institutions (3 credits)
2. Experiential Capstone Requirement: This requirement may be fulfilled by:
- working on a project if assigned to one by a Center director, and
- taking a business law clinic (Securities Arbitration Clinic, the Transactional Law Clinic, or the Tax Planning Clinic); or
- completing a business law-oriented externship placement; or
- taking a simulation-based or transactional course such as Business Planning: Start-Up Business & Venture Capital, Corporate Practice Skills, Drafting: Corporate Documents, Drafting: Commercial Finance, Drafting: Real Estate Documents, and the Financial Services Seminar and Workshop; or
- writing a Note for Law Review focused on business or financial law.
3. At least two of the following courses in addition to the above:
- Accounting for Lawyers (2 credits, students can “place” out of this course if they have taken a basic undergraduate accounting course and achieved a grade of B+ or higher)
- Bankruptcy: Chapter 11
- Building a Successful Practice
- Business Planning: Startups and Venture Capital
- Corporate Finance
- Corporate Practice Skills
- Derivatives Market Regulation Seminar
- Federal Income Tax: Individual
- Federal Income Tax: Corporate
- Federal Income Tax: Partnerships
- Financial Institutions
- Mergers and Acquisitions
- Real Estate Transaction and Finance
- Secured Transactions
- Securities Regulation
- Securities Arbitration Clinic
- Transactional Law Clinic: Start-ups and Non-profits
4. In addition to the courses in Categories 2 and 3, students should also seriously consider taking any of the following courses:
- Advising Entrepreneurs
- Banking Law
- Corporate Real Estate
- Drafting: Contracts
- Drafting: Corporate Documents
- Drafting: Commercial Finance
- Drafting: Real Estate Documents
- Hedge Funds: Regulation and Structure
- International Business Transactions
- International Real Estate
- Private Capital Markets
- Private Equity Funds
- Business Planning for the Closely Held Enterprises