Course Description
601:608. SMALL BUSINESS COUNSELING (2) S
Honer
Prerequisite: Business Organizations.
Limited Enrollment = 16
Focuses on representing the small business client, especially the new business. The course will provide opportunities for reflection on business lawyering, including issues of legal, business, and personal ethics; the social function of the business lawyer; and lawyer-client relations.
The course involves extensive simulation of activities typical in the representation of the small business client. Issues covered in the simulations include the selection of an organizational form; formalities necessary for the creation of the form selected, partnership and shareholder agreements, basic tax issues, commercial leases, director and officer liability, intellectual property issues, insurance, status of employees, attorney conflicts of interest, and formalizing the attorney-client relationship. Other issues–such as franchise agreements, commercial financing, and government contracting–may be addressed.