The Business of Law

1 unit

This course explores the evolving landscape of the legal profession and the critical intersection of law and business. Designed to provide students with a comprehensive understanding of how law firms operate as businesses, the course will delve into key topics such as firm structure, financial management, client relationship development, marketing and branding, pricing strategies, and legal operations. We will also explore the rise of alternative legal service providers and other key players in the industry. Through a combination of lectures, case studies, and practical exercises, students will gain insights into the legal industry as a dynamic and multifaceted ecosystem that extends far beyond a traditional legal practice. Whether you aspire to practice law, lead a law firm, or work at the nexus of law and business, this course will equip you with the knowledge and skills needed to thrive in the modern legal industry. Grades will be based on a short paper (3-5 pages), class participation, and a final exam.