LAW 519TUT - Transactional Writing

The ultimate goal of this course is to prepare students to draft and negotiate transactional documents required in a commercial transaction. This course will prepare students by covering the entire lifecycle of a commercial transaction normally encountered by a transactional attorney in legal practice. Students will draft multiple transactional documents for the same transaction, working on multiple documents with varying deadlines. Students will start by drafting a letter of intent, capturing the intent of the parties while protecting the legal interests of their client. Student will then be asked to make redlines revisions to a purchase and sale agreement, negotiating with an opposing counsel to ensure necessary provisions are implemented, while determining what areas they can give on to the other side. Once the purchase and sale agreement is finalized, students will draft ancillary corporate documents necessary for closing, draft any necessary easements or other real property documents needed to reflect the terms of the purchase and sale agreement, and draft a limited abstract of existing agreements and reports for use by the client during their due diligence review. Finally, students will draft the necessary closing documents and engage in a mock closing. Students will also be asked to draft regular summary emails on the status of the transaction for their partner and client.

This course will help students to develop sophisticated legal drafting and negotiation skills, introducing students with everything that arises during the lifecycle of a transaction. This course will reinforce skills needed to succeed in transactional legal practice. By the end of this course, students will be more adept at drafting and negotiating transactional documents and will have applied these concepts to a complex commercial transaction in a practical setting.

Credits: 3