Entrepreneurial Law Clinic

Section 1, Spring 17

Schedule Information

Enrollment: 12/12
Credits: 3

Course Description

Students must timely submit an application to enroll in this clinic (deadline in Fall term prior to enrollment lottery process).  Selected participants will receive instruction and practical training on advising startup companies and drafting basic corporate documentation. As part of the clinic, students will work with entrepreneurs who are starting new companies, such as Darden students who have been accepted to participate in the Darden Business Incubator.

As preparation for advising startup companies, students will participate in a series of class sessions over the first half of the semester covering the topics most frequently encountered by startup businesses, including, pre-venture counseling, entity choice, formation documents, shareholder agreements, IP protection, etc. Then, students will receive first-hand experience in working with real startup companies under the supervision of the course instructor and supervisor. The students will take the lead role in working with the entrepreneurs, including conducting interviews, performing research, providing a legal  plan for the business, identifying documents to be drafted, and drafting documents. Please note that we will NOT provide counsel on: litigation, patents, securities regulation, tax matters, public mergers or acquisitions, or international trade.

Course Requirements

Exam Info:
Midterm Type (if any): None
Description: None

Final Type (if any): None
Description:

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: Emerging Growth Companies and Venture Capital Financing: Principles and Practice; Finance of Small Enterprises; J-Term: Legal Practice and the Startup Company: An Inside Look. All courses are recommended, but not required. Introduction to Corporations is also recommended. Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: No
Course Notes: This course will meet throughout the semester. During the first five weeks, there will be two 90-minute sessions each week consisting of a substantive overview of the areas of law and issues most frequently encountered in working with start-up companies. There will then be five modules over the remaining eight weeks of the semester. The five modules will be as follows: (i) meet client company and conduct interview to assess nature of business, (ii) assess legal issues and needs of client company and prepare summary of issues, (iii) meeting with client company to provide initial overview of legal issues associated with business and provide suggested course of action as to initial documents to be prepared, (iv) draft documents to meet initial client needs, and (v) meeting with client company to provide final legal plan and draft documents. It is anticipated that meetings for parts (ii) and (iv) would be held at mutually agreeable times with the instructor. Parts (i), (iii) and (v) would be scheduled with the client companies.

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: Yes
Satisfies Professional Ethics: No

*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

General Information

Schedule No.
117210088
Law No.
LAW8637
Modified Type
Clinical
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens:
Evaluation Portal Via LawWeb Closes: