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BUSCOM 664

The Evolving Role of the Law Department in the Modern Corporation and Legal Industry

2 Credit Hours

Large in-house legal departments are now a significant part of the overall legal industry. The rise of in-house legal departments fundamentally changes the way traditional law firms serve their clients; yet few lawyers in law firms understand the daily challenges and responsibilities of in-house lawyers. The course will provide students with insights into the role and responsibilities of General Counsel and in-house departments. Topics covered will include management of the corporate law department by the General Counsel; approaches utilized by in-house counsel to manage law firms; the relationship between in-house counsel, senior business executives and the board of directors; the role of compliance; and management of functional areas within a law department. The class will include guest speakers from leading corporate law departments and law firms.

2026 Fall

Topics

  • By the end of the course, students will understand: (i) the impact of changes in the legal industry on law departments and the relationship between law departments and law firms (ii) the fundamental principles that underlie effective management of a law department and management of outside counsel (iii) the roles and responsibilities of General Counsel and Chief Compliance Officers and the duties they owe to their stakeholders (iv) the roles and responsibilities of several functional areas within a law department, including M&A, intellectual property and litigation
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