LS50DE: BUSINESS ENVIRONMENT AND ETHICS (2014-2015)

The course will adopt a transaction based approach to business and financial awareness, practice awareness and the development of ethical practice. The course is divided into two parts. Part 1 will cover: business structures and investment; the regulatory and fiscal framework within which business operates; a team working exercise which involves the set-up of a virtual law firm and construction of key business and practice policies and documentation; management of time and risk capability in legal transactions/matters; company accounts analysis; loan finance; financial advice; financial services. An Investment Game runs throughout the first part of the course where each student manages a share portfolio. Part 2 will cover: the ethics of creating and managing a client relationship; confidentiality and conflict; and duties and discipline. Key skills will also be covered such as communication with clients, team working, drafting, and transaction based research.

The course is only open to students taking the Diploma in Professional Legal Practice programme.

Information on contact teaching time is available from the course guide.

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The assessment consists of 8 discrete elements (1 of which is a group exercise compromising 4 discrete elements) including participation and professionalism (pass/fail). Students must pass all 8 elements of assessment to pass the course and the final mark awarded for the course will be based on the marks obtained in the first 7 elements of assessment. Resit: students are able to resit elements 1-7 of the assessment.

There are no assessments for this course.

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