LAWS78-103: The Business of Law

Description

The Business of Law is an elective subject in the Juris Doctor Online program offered by the Faculty of Law. It is an examination of the business aspects of legal practice, including law firm management, financial management (including trust accounting), marketing, and client relations. Students will learn about the economic forces driving the legal industry, strategies for building a successful legal practice, and the importance of innovation and entrepreneurship in law. This subject also develops students’ legal relationship skills including their ability to navigate complex interpersonal dynamics, enhance their emotional intelligence, develop effective communication strategies, and manage work teams.

Subject details

Type:	Postgraduate Subject
Code:	LAWS78-103
Faculty:	Faculty of Law
Credit:	10
Study areas:	Law

Learning outcomes

Analyse and evaluate economic and strategic factors influencing the legal services market, including firm structures, financial management, and innovation.
Apply and synthesise technical knowledge and entrepreneurial thinking to design business development strategies for legal practice, incorporating marketing and client engagement.
Demonstrate entrepreneurial legal skills in the context of legal business and practice, with a particular focus upon relationship management.

Enrolment requirements

Requisites:	Nil
Assumed knowledge:	Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
Restrictions:	This subject is not available to Study Abroad Students This subject is not available to students on US Financial Aid. Students on a Student Visa may be restricted from enrolment due to the mode of delivery in the chosen semester. Check the subject outline for further details. This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions:

This subject is not available to

Study Abroad Students
This subject is not available to students on US Financial Aid.
Students on a Student Visa may be restricted from enrolment due to the mode of delivery in the chosen semester. Check the subject outline for further details.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.