Advising New Businesses
This course will focus on representing entrepreneurs and growing companies. Entrepreneurs are the heart of American business, and there are many opportunities for lawyers to work with entrepreneurs and smaller companies as they grow and develop. The skills necessary to advise an entrepreneur include understanding the client’s industry, being able to communicate with the client, being able to spot issues across multiple legal disciplines, and having the ability to know when to reach out to specialists in other practice areas. A lawyer who can develop these skills will be in demand and will be able to diversify his or her practice.
Students enrolled in this course will learn how to advise clients about business formation, hiring employees and retaining independent contractors, protecting confidential information and trade secrets, securing rights to intellectual property, taking on business partners, raising capital, advising on exit strategies and more. Topically, the course covers business organization, contracts, intellectual property, tax, raising financing (securities law basics) and areas of litigation. Students will be asked to do some independent research on start up companies, to share with the class. Grading will be based on completion of the researched case study and a final examination.
Recommended for the Following Professional Pathways: Corporate Transactions and Governance; Financial Services and Compliance; Health Care Management and Compliance; Real Estate and Land Use; Tax; and General Practice – Transactional
2 or 3 Credits
Please note: This course is offered in 2-credit and 3-credit formats. Check specific semester registration materials.