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Teaching Transactional Skills Through Simulations in Upper-Level Courses – Three Exemplars

Transactions: The Tennessee Journal of Business Law, Vol. 10, p. 23, 2009

Loyola-LA Legal Studies Paper No. 2009-48

17 Pages Posted: 9 Dec 2009  

Therese H. Maynard

Loyola Law School Los Angeles

Date Written: December 8, 2009

Abstract

This Essay describes the Business Law Practicum that was recently established at Loyola Law School-Los Angeles. This new curriculum is designed to bridge the gap between law school and legal practice as a transactional lawyer by using a simulated deal format that integrates theory with practice. The use of a simulated deal, drawn directly from the files of real world practicing lawyers, asks students to analyze both the legal issues and the business considerations that must be taken into account in planning the structure and negotiating the terms of the deal under study that semester. In doing so, students will gain familiarity with the role of the lawyer in planning business transactions, including a substantial focus on the ethical considerations that face modern transactional lawyers. This Essay concludes by describing how this new innovative approach to educating transactional lawyers is directly responsive to the concerns that were set forth in the Carnegie Foundation Report on Legal Education (2007).

Suggested Citation

Maynard, Therese H., Teaching Transactional Skills Through Simulations in Upper-Level Courses – Three Exemplars (December 8, 2009). Transactions: The Tennessee Journal of Business Law, Vol. 10, p. 23, 2009; Loyola-LA Legal Studies Paper No. 2009-48. Available at SSRN: https://ssrn.com/abstract=1520798

Therese H. Maynard (Contact Author)

Loyola Law School Los Angeles ( email )

919 Albany Street
Los Angeles, CA 90015-1211
United States
213- 736-1155 (Phone)
213-380-3769 (Fax)

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