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In popular imagination, lawyers try cases
and argue before juries. The majority of lawyers, however, rarely
set foot in a courtroom. The practice of many lawyers at top
firms consists of negotiating, structuring, and advising clients
with respect to business transactions.
How do lawyers gain a sufficient
understanding of business practices and culture to communicate
effectively with their corporate clients? Most learn the hard
way—on the job. Others enroll in combined M.B.A./J.D. programs, requiring
an additional year of study. Virginia offers a third way: the Virginia Law & Business
Program, which integrates business and legal analysis in the law school classroom.
The Law & Business Program brings business
school faculty into the law school to teach the basics of accounting
and finance. It provides students the opportunity to hone these
skills through enhanced versions of core business law courses,
and it gives students the chance to review key transactional
documents and strategic decisions alongside senior counsel and
executive officers. In short, the Law & Business Program
allows students to develop the skills necessary to understand
and better serve their future business clients.
Contact: Jim Kingdon, Director of the Law & Business Program
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