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  6. LS50DE: Business Environment and Ethics

LS50DE: BUSINESS ENVIRONMENT AND ETHICS (2018-2019)

Last modified: 22 May 2019 17:07


Course Overview

The course is divided into two parts. Part 1 will cover: business structures and investment; a group exercise involves the set-up of a virtual law firm and construction of key business and practice policies; management of time and risk capability; company accounts analysis; loan finance; financial advice and tax implications; financial services.  An Investment Game runs throughout the first part of the course where each student manages a share portfolio. Part 2 will cover ethical issues in the client relationship; confidentiality and conflict; and duties and discipline. Key skills such as communication with clients, team working, drafting are covered.

Course Details

Study Type Postgraduate Level 5
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Susan Stokeld

What courses & programmes must have been taken before this course?

  • Either Diploma in Professional Legal Practice or Dip In Professional Legal Practice

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

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.

Further Information & Notes

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

Contact Teaching Time

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

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

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.

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.
 

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