LS50DE: BUSINESS ENVIRONMENT AND ETHICS (2020-2021)

Last modified: 05 Aug 2021 13:04

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	Aberdeen	Sustained Study	No
Co-ordinators	Senior Lecturer Andrew Duncan

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?

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.

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

Assessment Type	Summative	Weighting	100
Assessment Weeks		Feedback Weeks		Look up Week Numbers
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Learning Outcomes

Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator
Knowledge Level	Thinking Skill	Outcome

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge Level	Thinking Skill	Outcome

Factual	Remember	ILO’s for this course are available in the course guide.