May 05, 2025  
2024-2025 Law School Catalog 
    
2024-2025 Law School Catalog

LAW 732LEC - Business Basics for Lawyers


Many law school courses assume that law students have an understanding of business and economy. Most students lack such an understanding. This course is designed to supply enough knowledge to turn that dubious assumption from false to true, but not to overwhelm anyone with too many of the details. The course begins with a general introduction to the American economy and its regulation as well as the economics and finance basic to any business. Thereafter, it will cover topics including business entities, banking, securities, taxation, insurance, real estate, accounting, employment, and bankruptcy. The course with finish with an examination of two specific markets, one local and the other international, designed to synthesize the introductory material with the individual topics covered. No math beyond addition and subtraction, percentages and ratios will be required.

Credits: 3