Wake Forest Law offers the below business law-related courses

Please note that not all courses are offered every semester

Visit the registrar’s site for current school-year offerings

Business Law Courses Offered

  • Advanced Legal Research: Transactional
  • Agency
  • Antitrust
  • Banking Law
  • Bankruptcy
  • Biotechnology and the Law
  • Blockchain and the Law
  • Broker-Dealer Regulation
  • Business and Commercial Torts
  • Business Drafting LAWR III
  • Business Litigation
  • Business Organizations
  • Business Planning
  • Commercial Leasing
  • Community Law and Business Clinic
  • Comparative Corporate Law
  • Compliance and Risk Management
  • Construction Law
  • Contracts I
  • Contracts II
  • Contracts and Commercial Transactions LAWR III
  • Copyrights
  • Copyrights and the Music Industry
  • Corporate Counsel Seminar
  • Corporate Finance
  • Creditors’ Rights and Bankruptcy
  • Cross-Border Business Transactions
  • Cyber Terrorism, Information Warfare and Countermeasures
  • Cybersecurity
  • Debtor-Creditor Law
  • Decedents Estates and Trusts
  • Disability Law
  • Dispute Resolution
  • Drafting Real Estate Development Deals LAWR III
  • Employee Benefits and Pension Law
  • Employment Law
  • Employment Law ULWR
  • Employment Discrimination
  • Employment Discrimination ULWR
  • Energy Law
  • Entertainment Law
  • Environmental Law
  • Essential Business Concepts
  • Equitable and Legal Remedies
  • European Union Law
  • Food Law and Policy
  • Funeral and Cemetery Law
  • Intellectual Property
  • Intellectual Property Licensing
  • International Law
  • International Environmental Law
  • International Trade Law
  • Internet Law
  • Introduction to Private Equity Law
  • Insurance Law
  • Journal of Business & Intellectual Property Law
  • Labor Law
  • Law Practice Management
  • Business Litigation Externship Clinic
  • Mass Media Law
  • Mediation
  • Mergers and Acquisitions
  • Natural Resources Law
  • NCAA Rules Compliance and Enforcement
  • Non-Profit Organizations
  • Negotiation
  • Patent Law
  • Patent Litigation
  • Patent Prosecution Seminar
  • Planning and Drafting of Wills and Trusts
  • Privacy Law
  • Products Liability
  • Professional Development
  • Property
  • Real Estate Development
  • Real Estate Finance
  • Real Estate Transactions
  • Real Property: Selected Topics
  • Real World of Ethical Corporate Lawyering
  • Regulatory Law and Policy
  • Sales and Secured Transactions
  • Sales, Leases, Transactions, and International Sales
  • Secured Transactions
  • Securities Regulation
  • Securities Litigation
  • Sports Law
  • Sustainable Corporations
  • Taxation: Corporations and Shareholders
  • Taxation: Federal Estate & Gift Tax
  • Taxation: Federal Income Tax
  • Taxation: International Tax
  • Taxation: Taxation of Partnerships
  • Technology in Modern Law Practice
  • Toxic Torts
  • Trade Secrets
  • Trademarks
  • Transactional Competition Problem Book
  • Wealth Transfer Tax and Fiduciary Income Tax
  • What’s it Worth? Estimating and Settling Personal Injury Claims
  • Workers Compensation

MSL – Business Law Courses Offered

  • The Workplace: Its Legal Context
  • Private Law
  • Managing Talent and Preventing Discrimination
  • Labor Law
  • Telemedicine
  • Experiential Capstone
  • Healthcare Compliance
  • The Business of Healthcare
  • Classification in a Gig Economy
  • Business Law and Literacy
  • Experiential Capstone
  • Paying for Healthcare
  • Bioethics and the Law
  • The Provider-Patient Relationship
  • Compensation and Benefits
  • Wage and Hour Law

Select Course Descriptions

101 – Contracts I (3 hours)

A study of the formation, essentials, interpretation, and operation of contracts as well as the discharge of contractual duties and remedies for breach.

102 – Contracts II (3 hours)

A study of the formation, essentials, interpretation, and operation of contracts as well as the discharge of contractual duties and remedies for breach.

122 – Professional Development (1 hour)

This required first-year course helps students link the knowledge gained in doctrinal classes with professional opportunities. The objective is to acclimate students to the professional world they will enter. Students will examine individual strengths and interests; learn about career opportunities in law firms, government agencies, non-profit organizations, and other settings; and explore professional habits and values that are expected across all sectors of the legal profession. Evaluation takes the form of a letter grade.

202 – Business Organizations (4 hours)

A study of the nature, powers, and obligations of private corporations, including their formation, management, and dissolution; the rights and duties of promoters, directors, officers, and stockholders; and the rights of creditors and others against the corporation; together with a study of the creation, nature, and characteristics of business partnerships.

206 – Taxation: Federal Income Taxation (3 hours)*

A survey of the basic principles of federal income taxation, with emphasis on the Internal Revenue Code and its administrative and judicial interpretations.

* This course may be offered for 4 hours during some years.

208 – Real Property Security (2 hours)

The law of real estate financing primarily as applied to residential real estate transactions. Prerequisite: Property.

212 – Taxation: Federal Estate and Gift Taxation (3 hours)

A survey course intended to acquaint students with a system of taxation that impacts a wide spectrum of law practice beyond estate planning.

303 – Debtor-Creditor Law (2 hours)

A study of the collection of money judgments, with an emphasis on remedies available under state law. Topics include collection procedures and defenses, relief measures for debtors, and a brief treatment of federal bankruptcy law.

306 – Decedents’ Estates and Trusts (4 hours)

A study of the descent of property by operation of wills and intestacy and the nature, creation, and elements of a trust.

401 – Agency (2 hours)

A study of the principal and agent relationship and rights and obligations of third parties with regard to principal and agent.

408 – Commercial Leasing (2 hours)

This course focuses on the negotiation and drafting of commercial real estate leases from the initial letter of intent stage to the final lease closing. Items studied and drafting exercises include: (1) letters of intent, (2) brokerage agreements, (3) commercial leases and lease provisions at various levels of the negotiation process, (4) subordination, nondisturbance and attornment agreements, (5) estoppel certificates, and (6) lease memoranda. The course covers various forms of commercial leases, including ground leases, retail leases, subleases, and license and occupancy agreements. This course also focuses upon professionalism and ethics in the negotiation and drafting process. In addition to learning applicable law, students receive regular evaluation of substantial drafting and negotiation assignments typical of those encountered in actual practice. The negotiation and drafting skills learned in this course apply to other areas of commercial practice. Prerequisite: Property 111.

411 – Law, Business, and the Economy (2 hours)

This course examines the mortgage foreclosure crisis and other recent phenomena that highlight the interplay of financing, law, and the American Economy. Limited enrollment encourages active class participation in an ever-changing field.

414 – Energy Law (2 hours)*

This course looks at the law and policy related to US energy sources and uses — integrating legal, historical, technical, economic and environmental analysis. The readings come primarily from various online materials, including a student-created wikibook. Grading: (1) class participation [10%]; (2) open-book midterm quizzes [30%]; (3) a 7-10 page paper and in-class presentation on an energy law topic of student’s choice [60%].

* This course may be offered for 3 hours during some years.

415 – Intellectual Property Licensing (2 hours)

This course reinforces and expands on the student’s understanding of many of the fundamental principles of intellectual property law and focuses specifically on analysis and application of such principles within the context of intellectual-property-related transactions, such as licensing, confidentiality, and joint venture and other types of collaborative agreements. In addition, the course builds on the student’s understanding of contract law principles by introducing and analyzing in detail contractual provisions directed to indemnification, representation and warranty, limitation of liability, confidentiality, and others for the purpose of demonstrating the important impact of such provisions on the overall transaction. The course is taught from a practitioner’s perspective and includes instruction designed to enhance the student’s contract review, analysis, and negotiation skills. A pre-requisite or co-requisite of EITHER Intellectual Property (Survey), Patent Law, Copyrights, OR Trademarks is required.

418 – Employment Law: Selected Topics (1 hour)

Students will conduct research, and write a paper, on an advanced Employment Law topic of their choice. Students will meet with the professor periodically throughout the semester regarding topic selection, research, and drafting.

420 – Business Drafting LAWR (2 hours)

This course focuses on legal drafting in the business setting. Students will be required to draft and evaluate typical documents including corporate documents, loan and purchase contracts, partnership agreements, and employment agreements. This course will satisfy the LAWR III requirement. Does not satisfy the upper-level writing requirement.

423 – Corporate Governance Law Policy and Theory (2 hours)

This course studies the role of the corporation in society, state and federal corporate law, boards of directors and senior executives, executive pay, corporate takeovers, shareholder voice, corporate compliance, corporate culture, corporate lawyers and other “gatekeepers,” corporations and politics, and comparative corporate governance. The course prepares students whose careers will require interaction with business interests and corporate clients.

425 – Contracts and Commercial Transactions LAWR (2 hours)

This “best practices” course introduces students to commercial law and to the structuring, negotiation, drafting, and review of common commercial agreements. These agreements include: (1) non-disclosure and confidentiality agreements, (2) employment agreements, (3) services agreements, (4) agreements for the sale of goods, and (5) lending and security agreements. In addition to exploring applicable law and theory, students analyze, draft, redline, and actively discuss actual commercial contracts. In so doing, students explore both the specific effects of various contractual provisions and the potential broader commercial implications of such provisions. If not taken to satisfy LAWR III, this course will also satisfy the Practical Skills requirement. This course is a writing course with no exam. Contracts I and II are prerequisites.

428 – Human Relations Practices and Business Torts (2 hours)

The course focuses on advising the small business on good personnel and management practices in today’s business world. The course includes analysis of the liability the small business faces from lawsuits by third parties and from tort suits between employees and employers. The course is offered in a distant format.

442 – Sales and Secured Transactions (UCC arts. 2 & 9 integrated) (3 hours)

This sales financing course covers the essentials of both articles 2 and 9 of the Uniform Commercial Code, articles covered separately in the two courses, 517 Sales (article 2, 3 hours) and 516 Secured Transactions (article 9, 3 hours). Students who take the combined course, 442 Sales and Secured Transactions, may not receive credit for either of the other courses. Likewise, students who have taken either of the separate courses may not receive credit for the combined course. Both articles, 2 and 9, are included as topics on the multi-state bar examination.

443 – Sustainable Corporations (2 hours)

This course considers the sustainability of the modern US corporation – that is, whether the corporation is capable of meeting current social needs while enabling future generations to meet their needs. The course looks at the corporation’s current design: its externalization of social costs, the short-termism of corporate decision-making, and the “group think” culture of corporate leadership. It then considers some current responses to these non-sustainable attributes: environmental liabilities, the voluntary CSR movement, and institutional shareholder activism. The course concludes by considering paradigm shifts: revamped disclosure, new business forms, and re-conceptualizations of corporate leadership. Students prepare a paper, presented in class at the end of the term, on a “corporate sustainability” topic of their choice.

446 – Patent Litigation (2 hours)

The Patent Litigation course is a companion to the general 545 Patent Law course. In this course, we will explore the nuts and bolts of patent litigation. The tour begins with the pre-suit investigation, then moves to cease and desist or invitation to license letters, declaratory judgment implications, and special patent litigation rules in various federal districts across the country. The materials consider the features of a well-drafted patent infringement complaint and the claim construction hearing. The course will also cover hot topics such as Patent Trolls or Non-Practicing Entities.

451 – Corporate Counsel Seminar (2 hours)

The aim of this course is to provide an understanding of the types of activity and skills required of in-house counsel. This understanding has value for students contemplating careers as in-house counsel or in private practice. The course will concentrate on the skills needed in an international business engaged in manufacturing and service activities, though many elements would also be relevant in other contexts (such as banking, consultancy, construction, education, not-for-profits, healthcare, and etc.). Topics include compliance, dispute management, business evolution (e.g., mergers and acquisitions), commercial relationships, and business regulation. Pre- or Co-requisite: Business Organizations.

454 – Sports Sponsorship and Contract Negotiation (2 hours)

Myriad legal issues emerge from sports sponsorships, whereby a company or organization sponsors a sports league, team, athlete or event in exchange for brand recognition. For example, in NASCAR, a corporation may sponsor NASCAR, an event, a team or a driver. The increase in sports sponsorships and the evolution of sports sponsorship away from traditional forms of advertising have increased the range of relevant legal and business issues. This course examines the pertinent legal issues, including agency, contracts, intellectual property, labor, tax and torts. These converging doctrines ultimately impact whether parties involved in sponsorship relationships achieve their business objectives. The course also offers students an opportunity to develop practical skills through exercises, including drafting and negotiating sponsorship agreements.

503 – Labor Law (3 hours)*

A survey of the rights and duties of employers, unions, and employees under the National Labor Relations Act.

* This course may be offered for 2 hours during some years.

509 – Insurance Law (2 hours)

A study of the nature, requisites, and legal effect of the insurance contract.

512 – Environmental Law (3 hours)

A selective survey of Federal approaches to public health and environmental regulation, including study of at least one of the Clean Air Act and the Clean Water Act.

515 – Bankruptcy (3 hours)

This course deals with the fundamentals of bankruptcy law, with a balance of consumer and business cases. Prerequisite: Debtor-Creditor Law.

516 – Secured Transactions (3 hours)

A study of Articles 9 and 6 of the Uniform Commercial Code (UCC),, which apply to transactions in which a debtor borrows money from a creditor and grants to the creditor a security interest in personal property of the debtor to secure the debtor’s promise to repay the loan.

517 – Sales, Leases, Transactions, and International Sales (3 hours)

A study of Article 2 of the Uniform Commercial Code (UCC) and related topics.

518 – Payments Law and Commercial Paper (3 hours)

A study of Article 3 of the Uniform Commercial Code (UCC), which applies to negotiable instruments and related topics.

522 – Journal of Business and Intellectual Property (1 hour)*

The Law School publishes the Journal of Business and Intellectual Property Law. This publication features articles, notes, and comments from intellectual property practitioners, students, and faculty. The JBIPL encourages students to submit articles focusing on topics such as trademarks, copyrights, patent, trade secrets, unfair competition, cyberlaw, Internet business law, or any other subject of intellectual property. These items can be papers already completed for coursework or articles specifically written for the journal.

* This course may be offered for 2 hours during some years.

523 – Products Liability (3 hours)*

An in-depth study of the law of products liability, with emphasis on problems of proof and other litigation problems.

* This course may be offered for 2 hours during some years.

526 – Employment Law (3 hours)

This course is the foundational survey of the statutory and common laws governing the non-union workplace. It includes wrongful discharge, contracts, wages and hours, occupational safety and health, workers’ compensation, and privacy rights. It also includes an overview of the federal statutes prohibiting discrimination on account of race, color, sex, religion, national origin, age, and disability.

534 – Intellectual Property (3 hours)

A survey course designed to provide the prospective general practitioner with knowledge of the basic principles of intellectual property and unfair competition law.

538 – Antitrust (2 hours)

A study of federal antitrust laws to prevent monopolies and various anticompetitive practices with special consideration of mergers, price fixing, price discrimination, tying arrangements, exclusive dealing, territorial and customer restraints, boycotts, and monopolization.

* This course may be offered for 3 hours during some years.

539 – Real Estate Development and Finance (2 hours)

A study of financing complex real estate transactions, including major residential developments (subdivisions, planned unit developments, and condominiums), shopping centers, and other commercial and industrial projects.

542 – Taxation: International Tax (3 hours)

A study of United States taxation of United States citizens and corporations earning income abroad and United States taxation of foreign corporations and citizens earning income in the United States. Prerequisite: Taxation: Federal Income Taxation.

543 – Banking Law (2 hours)

A study of traditional banking regulation questions.

544 – Taxation: Policy (2 hours)

A study of the social and economic consequences of current and proposed tax legislation. Prerequisite: Taxation: Federal Income Taxation.

545 – Patent Law (2 hours)

A study of the policy and constitutional underpinnings of the U.S. Patent System including consideration of economic justifications; exploration of basic requirements of patentability including patentable subject matter, novelty and non-obviousness; overview of U.S. Patent Office procedures; exploration of patent infringement standards and procedures including claim construction, determination of liability, defenses and remedies; consideration of the role of patents in business transaction and licensing.

546 – Employee Benefits and Pension Law (2 hours)

A seminar exploring the labor law implications of administering and advising clients concerning employee benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA).

555 – Workers’ Compensation (2 hours)

A study of the substantive and procedural elements of state mandated compensation systems for injured workers with an emphasis on the employer/employee relation, compensable injuries and occupational diseases, and the exclusivity of the remedy; additionally, these systems will be compared with and contrasted to other public compensation systems and private sources of injury relief.

556 – Taxation: Corporations and Shareholders (2 hours)*

An examination of the income tax aspects of doing business in the corporate form. Major topics include corporate formation, liquidating and non-liquidating distributions, the taxable sale of an incorporated business, and Subchapter S. Prerequisite: Taxation: Federal Income Taxation.

* This course may be offered for 3 hours during some years.

561 – Mergers and Acquisitions-ULWR (2 hours)

An in-depth analysis of federal and state regulation of corporate takeovers to include acquisition techniques, legal protection afforded shareholders and others, federal tender offer and disclosure rules, state corporate fiduciary law and anti-takeover statutes. Prerequisite: Business Organizations.

562 – Employment Discrimination: Selected Topics (1 hour)*

This course examines significant unresolved issues arising from federal and state anti-discrimination statutes. There will be some class meetings with assigned readings, but the major work will be a research paper. Offered every year at 1 and 2 hours. The 2 hour section will satisfy the Upper Level Writing Requirement.

* This course may be offered for 2 hours during some years.

565 – Dispute Resolution (3 hours)

A study of traditional and alternative methods of resolving disputes; use of techniques such as arbitration and mediation will be studied. Negotiation theory and tactics will also be explored. Students who have taken Mediation in the past or who are currently enrolled in or who plan to take Mediation may not register for Dispute Resolution.

567 – Law and Economics (2 hours)

The course will consider the application of economic theory to a number of central issues dealt with by the legal system such as property rights, contract formation and enforceability, contract damages and product liability.

568 – Bankruptcy: Advanced Topics (2 hours)

This course is a seminar focusing on distressed investing. The evolution of bankruptcy from back room deals to major capital markets transactions has seen hedge funds, private equity funds, lending institutions and proprietary trading desks play an ever expanding role in corporate restructurings. The assets, securities and claims of companies in financial distress are significant profit opportunities for investors that specialize in distressed investing. Among the topics to be covered are the various legal tactics and strategies used by hedge funds, private equity funds and other investors to take control of, or invest in, distressed companies. The course will use case law and actual transactional documents to demonstrate the intersection of bankruptcy, securities, tax and general corporate law, all of which intersect in distressed debt transactions. This course will also examine distressed securities of troubled companies and the specialized trading markets that develop both before and during a company’s restructuring. Practitioners and investors will appear throughout the semester to discuss their personal experiences.

572 – European Union Law (2 hours)

A survey of the significant laws and policies of the European Community, including the legal and institutional framework, the internal market, competition and environmental laws and an overview of external relations and commercial policy.

573 – Sports Law (2 hours)

This course deals with issues that arise in the representation of individuals and organizations involved in sports.

574 – Copyrights (2 hours)*

This course covers a variety of subjects not covered in depth in Copyrights 586. Copyrights 586 is not a prerequisite. Offered on a periodic basis.

* This course may be offered for 1 hour during some years.

577 – International Business Transactions (2 hours)*

A study of a wide range of international transactions, including marketing of goods and services; license or transfer of technology; joint ventures; finance and governmental regulation. Various multi-lateral initiatives, such as the Vienna Convention on contracts for the sale of goods, will be discussed.

* This course may be offered for 3 hours during some years.

582 – Non-Profit Organizations (2 hours)

This course deals with the legal aspects of non-profit organizations ranging from small unincorporated fraternal and political groups to large charitable organizations, churches, museums, libraries, and hospitals.

587 – Trademarks (2 hours)

This course focuses on the basics of trademark law, including: how trademark rights are acquired at common law and under the Lanham Act; the distinctiveness spectrum and the problems of “genericness;” and how to protect product packaging and design as source identifiers. It also explores issues relating to traditional trademark infringement as well as dilution and anti-cybersquatting. Students taking this course will be required to complete a team project for their final grade.

589 – Law and Valuation (2 hours)

This course considers the interplay of the law and modern valuation techniques. We look at modern valuation theory and methods, and their application in particular legal valuation contexts such as bankruptcy, equitable distribution, medical malpractice litigation, government takings and corporate buyouts. Students will present a group project and write a short paper on a topic of their choice. Offered on a periodic basis.

597 – Trade Secrets and Unfair Competition (2 hours)

This course will cover the field of trade secrets and covenants not to compete. It will not overlap substantially with Intellectual Property, Patent Law, Copyrights, or Trademarks.

599 – Entertainment Law (2 hours)

A study of the law relevant to the representation of entertainers and the promoters and producers of entertainment.

600 – Negotiation (2 hours)

Students will learn about and practice negotiation skills.

602 – Community Law and Business Clinic (4 hours)

The work of this clinic is primarily transactional. Students will assist clients at various stages in the business development process, with an emphasis on business, housing, and institutional support in economically disadvantaged segments of the community.

619 – Corporate Finance (2 hours)

A study of the allowable changes in a corporation’s financial structure with concentration on the recapitalization of solvent corporations, reorganization of insolvent corporations, and concepts of valuation. This course will emphasize the role that lawyers play in structuring and implementing financial transactions for corporations. Prerequisite: Business Organizations.

620 – Securities Regulation (3 hours)

An analysis of the federal regulation of the distribution and trading of securities, including an examination of the registration process, insider trading, and fraud in connection with the purchase and sale of securities. Prerequisite: Business Organizations.

628 – Business Planning (2 hours)

Examination of selected legal problems relating to some of the following topics: choice of business entity, forming a partnership, forming a corporation, corporate restructuring transactions (shifting ownership interests among shareholders), purchase and sale of a business. Prerequisite: Business Organizations.

630 – Taxation: Taxation of Partnerships (3 hours)

An analysis of income tax problems in the organization, operation, reorganization, and dissolution of partnerships. Prerequisite: Taxation: Federal Income Taxation.

632 – Real Estate Transactions Seminar (3 hours)

This course will survey the legal and business issues relating to the acquisition, development, leasing, and disposition of commercial real estate, with a focus on the issues arising in the development and ownership of large commercial developments such as shopping centers and office buildings. About half the semester will be spent on commercial real estate purchase agreements and the other half on a commercial lease. The course includes a skills component and students will participate in negotiating and drafting a real estate contract (purchase agreement or lease) for a hypothetical client. Property 111 is a prerequisite.

636 – Construction Law (2 hours)

This two-credit course builds on traditional doctrinal courses such as contracts and torts, and tracks the use of these doctrines by attorneys who advise and advocate for parties involved in construction projects. It incorporates practical problems that require students to learn and exercise “lawyering” skills such as (a) contract drafting, (b) contract review, (c) client counseling about management of risk, (d) claim identification, and (e) claim preparation. The substantive topics to be covered include competitive bidding, project design, contract documents, project scheduling, payment issues, construction changes, damages, workplace safety issues, insurance, mechanic’s liens, suretyship, and alternative dispute resolution.

641 – Regulatory Law and Policy (3 hours)

This course examines legal, political, and policy aspects of government regulation with an emphasis on the public policy arguments that lawyers use when they appear before legislatures and regulatory agencies. Offered on a periodic basis.

644 – Risk Regulation Law and Policy (2 hours)

This seminar addresses the law, science, economics, and social policies involved in efforts to assess and abate risks and harm to people and the environment. After study and discussion of different aspects of risk regulation, students will write papers on topics relating to risk reduction issues of their choosing.

645 – Mediation (3 hours)*

This course will address the theory, law, and practice of mediation as a dispute resolution technique. Students passing this course will earn A Certificate of Completion verifying that they have successfully completed 40-hours of superior Court Mediation Training. The North Carolina Dispute Resolution Commission has approved this course as satisfying Rule 8A of the Revised Rules Implementing Statewide Mediated Settlement Conferences relating to one of the requirements of Mediator certification. Students who have taken Dispute Resolution in the past or who are enrolled in or who plan to take the Dispute Resolution course may not register for Mediation.

* This course may be offered for 2 hours during some years.

652 – Economic Torts (2 hours)*

This course covers tort protection of economic interests. Tort law’s primary focus is on protecting against personal injury and property damage. When the only harm caused is economic loss, such as lost profits, identity theft, a loss of an inheritance, the benefit of the bargain in a contract, an opportunity to start a new business, or a product that does not perform as it should have, tort law has been very restrictive about providing relief, leaving most of such harm to contract law or uncompensated. This course will cover the areas in which tort law does provide protection for “pure” economic loss, including misrepresentation and especially fraud. This course might have been titled business torts because corporations cannot suffer personal injury and most often when they sue other companies in tort, it involves economic loss. If time permits, legal malpractice and consumer protection, both of which entail economic loss, will also receive coverage. Offered on a periodic basis.

* This course may be offered for 3 hours during some years.

653 – Real World Corporate Lawyering (1 hour)

This course will consider the real world challenges and pitfalls for a lawyer for the corporation. The topics to be covered include fiduciary duties of corporate directors and officers, the special ethical role of the lawyer for the corporation, the lawyer-client privilege and work product rules in the corporate setting, and the lawyer’s role in avoiding implications of client fraud. Business Organizations is a prerequisite; and Professional Responsibility is a pre- or co-requisite. Offered on a periodic basis.

654 – International Trade Law (2 hours)*

This course will examine the legal framework that governs international economic relations, including in particular international trade in goods. It will discuss the World Bank, the International Monetary Fund, the World Trade Organization, and NAFTA, looking not only at how the international rules work, but also at how they conflict with or complement efforts to protect other goals, such as protecting labor rights and the environment. There is no prerequisite.

* This course may be offered for 3 hours during some years.

656 – International Environmental Law (2 hours)*

This seminar will examine and assess the legal regimes nations have developed to address international and global environmental problems, including climate change, ozone depletion, marine pollution, and the extinction of species.

* This course may be offered for 3 hours during some years.

660 – Financial Services Regulation (3 hours)

Financial Services Regulation is a seminar course that explores how “financial services” families are regulated under federal and state law in the United States in the wake of the Gramm-Leach-Bliley Act of 1999, which permitted affiliations, and now in the wake of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The course will deal with the regulation of bank and thrift holding companies, banking institutions (generally), insurance companies and producers, broker-dealers, investment advisers and investment companies, and will focus on practical issues associated with “representing the highly regulated client” – where to find the law, how to apply the law and turn it into client advice and the consequences to attorneys as “institution-affiliated parties.” Team work, based on various charters and types of entities, will be a feature of the class, with each team having a “client.” Business Organizations #203 is a prerequisite.

662 – Broker-Dealer Regulation (2 hours)

The purpose of this course is to survey the framework and processes by which broker dealers, who are central participants in the American securities industry, are regulated. As recent events in the financial world so dramatically illustrate, effective and consistent regulation affects the global economy, helping to determine whether people enjoy any financial stability in their everyday lives

667 – Business Litigation (2 hours)

The course focuses on the most common kinds of litigated business disputes with instruction on the short and long paths to their successful conclusions. Students will review procedural principles like “what court” and “where” and best pleading practices. The course will cover business litigation involving creditors’ rights, business “splits,” contract disputes, and other common business disputes resulting in litigation.

669 – The Business of Law and the Evolving Law Firm Environment (2 hours)

This course covers how law firms are structured; how they make money; how they recruit, compensate, and promote lawyers and staff; and how they develop and retain clients. The class explores the major issues in a series of group exercises.

676 – Carolina Externship (4 hours)

This course is currently available only in the summer. The director of the externship designates one or more cities in North and South Carolina, usually including Charlotte, NC, and offers the students externships in a designated practice area. The practice areas vary from summer to summer. Students meet weekly with the director to integrate and apply the doctrinal insights received elsewhere in the law school curriculum and in the subject matter of the field placements. The course fulfills the practical skills requirement.

682 – Securities Litigation (2 hours)

Securities litigation is the body of law governing private lawsuits and governmental enforcement actions in the context of investments like stocks and bonds (“securities”). This course has a backward-looking focus on three types of illegal conduct. First, substantial attention is given to fraud, such as when big companies like Enron lie to their investors. Second, we explore insider trading. Is it illegal to get rich from a hot stock tip? Finally, we consider market manipulation, or the intentional creation of an artificial stock price.

705 – MSL – Business Law (3 hours)

Introduction to legal systems governing business relationships and transactions, including the nature of business entities, business formation, business mergers and acquisitions, commercial transactions, bankruptcy, and intellectual property. Specific attention to taxation of business, security interests, IP transfers, business crimes and torts, and international business transactions.

711 – MSL – Negotiation (2 hours)

Introduction to skills and theory of negotiation, with practical applications.