LAW 7646 - Law Practice Management

No boss, no timecard to punch, and unlimited income potential. Sounds amazing, right? Starting your own law practice can be the ticket to these rewards and many more, but it also means hard work, calculated risks, and a steep learning curve. This course is designed to help flatten the learning curve by covering issues commonly encountered when starting and building a new firm. Students will embark on a practice-oriented survey of topics such as: selecting a practice area; choosing a business structure; setting fees; establishing credibility in the space; acquiring clients; hiring/managing employees; and charting a path from startup to success. Students will design a business plan for their own startup firm and have the opportunity to receive one-on-one feedback from the instructor. This course counts toward the experiential course requirement. This course is a core requirement for the Entrepreneurship Emphasis Track 1. Letter grade. 3 credits