The Richmond Regulation & Enterprise Forum is highlighting course offerings associated to small business regulation. In this article, Professor Erickson features tips on navigating the business enterprise legislation curriculum.
Q: There are a whole lot of business regulation programs at Richmond Law! If a scholar is fascinated in business law, where by should really they get started?
A: Students must surely get started by getting Company Associations. This is our introductory foundational program in the place, and it’s developed for pupils with little or no qualifications in business enterprise legislation. This class is a perquisite to several of the higher-stage electives, so we advise having it in the slide of your 2L 12 months.
We generally supply at the very least two sections of Small business Associations every year—one section that is 3 credits and 1 part that is 4 credits. If you have any interest in pursuing a exercise relevant to business legislation, you really should acquire the 4-credit history choice, as it is designed to put together learners for upper-stage electives in this spot.
Q: What are the higher-level electives that pupils intrigued in organization regulation ought to unquestionably consider?
A: At a bare minimum, we recommend taking Securities Regulation, Company Finance, Mergers & Acquisition, and Bankruptcy. If you are fascinated in a transactional apply, you really should also just take the enterprise tax classes (Company Tax and Taxation of Partnerships and LLCs), both of those of which involve Federal Income Tax as a prerequisite. And all college students ought to get Agreement Drafting, preferably in advance of their 2L summer months.
If you do not have a company legislation track record, you need to also contemplate using Introduction to Business enterprise, which provides an overview of accounting, finance, and other business principles.
Q: But what about all of the other great enterprise legislation electives?
A: We appreciate them much too! Learners intrigued in business regulation should get extra electives from the listing below.
• Mental House
• Secured Transactions
• Global Enterprise Transactions
• Corporate Compliance
• Labor & Work Law
• Main Commercial Law Concepts
• Corporate Governance (ULWR)
• Agency & Partnership
• Income & Leases
• Patent Legislation (available each and every other year)
• True Estate Taxation and Finance
• Antitrust Regulation (made available each and every other yr)
• Trademark Law
• Internal Company & Governing administration Investigations
You will not be equipped to choose all of these programs, but you should try out to get some of them. The business legislation school is pleased to support you determine out which programs make the most sense for you given your specific vocation targets.
Q: What experiential opportunities are out there in the enterprise law place?
A: We have quite a few methods for pupils to get hands-on knowledge related to company legislation. Pupils fascinated in transactional legislation and mental assets should take into consideration enrolling in the Mental Property and Transactional Regulation Clinic. Learners in this clinic operate and research in an surroundings developed to signify for-gain and not-for-revenue corporations, as properly as artists, authors, and inventors from a wide range of backgrounds. Pupils will enable organization startup consumers by participating in business enterprise development counseling, negotiating and drafting contracts, and facilitating strategic determination-making.
Students interested in a company regulation externship ought to look at the In-Dwelling Counsel Externship system made available in the spring semester. This system capitalizes on the University of Law’s exceptional proximity to a significant variety of Fortune 500 and other businesses, inserting college students instantly in the in-home authorized departments of these companies.
Learners intrigued in intercontinental organization can get the International Business Practice. In this a single-of-a-form class, regulation university student groups work with M.B.A. scholar groups to prepare international organization strategies to introduce their clients’ products or expert services into picked overseas markets. The target of this study course is to give college students hands-on practical experience in dealing with intercontinental authorized problems going through precise corporations.
At last, pupils fascinated in transactional law really should take into account Advising the Entrepreneur, which introduces students to the authorized products and services required by startup organizations and business people on issues of basic company regulation, company governance and early-phase enterprise cash investments. College students operate in teams assisting hypothetical customers, both of those corporate purchasers and traders drafting operating agreements, term sheets, and paperwork relating to non-public equity investments and drafting and amending capitalization tables and calculating payments to house owners and traders.
Q: What if I have extra concerns about the business regulation curriculum?
A: Arrive at out to Professor Erickson or Professor Lin. We are both equally satisfied to focus on your certain routine for up coming 12 months!