Course Description
The intersection of law and entrepreneurship is an emerging field of study. This course explores the legal issues faced by start-up businesses and the dynamics of entrepreneurial finance, including venture capital. Students participate in a simulated law firm, advising the entrepreneurship teams participating in the McGuire Entrepreneurship Program. Students develop skills in the following areas: 1. Analysis of ethical issues; 2. Understanding of business plans and development of founders agreements (including selection of the optimal business structure); 3. Formation and capitalization of a company, including tax implications and securities regulations issues; 4. Identification of intellectual property issues, including patents and trade secrets (protecting inventions), as well as intellectual property supporting marketing strategies (including trademarks), and technology licensing; 5. Business negotiations strategy; and 6. Client communications and management. The experience law students gain through the course makes them uniquely qualified for positions in the high-technology sector and in representing start-up companies generally.
Updated: 04/05/2011