Business School Alumni Perspectives on the Need for Legal Studies

Southern Law Journal, Vol. 28(2) (Fall 2017)

14 Pages Posted: 14 Nov 2017 Last revised: 14 Mar 2018

See all articles by Chase Edwards

Chase Edwards

University of Louisiana at Lafayette - Department of Economics and Finance

John Tanner

University of Louisiana at Lafayette - College of Business Administration

Reece Theriot

University of Louisiana at Lafayette - College of Business Administration

Stacey Chamberlain

University of Louisiana at Lafayette - College of Business Administration

Date Written: November 10, 2017

Abstract

Law professors who teach in schools of business have continually been forced to serve as advocates for their own presence in the business academy. Despite increasing rates of white-collar crime, ethical misconduct, and bankers run amuck, accrediting bodies for elite colleges and schools of business and, more surprisingly, accounting programs have repeatedly considered scaling back or eliminating requirements for basic legal training. This article adds a third decade of linear data as reaffirming testimony to business students’ continued need for more knowledge of the law. To this end, we survey 185 of our university’s business alumni using the same essential format used in 1990 and 2004. The alumni surveyed were asked to rank their perceived utility of the undergraduate business law course(s) they completed. Then the respondents were asked to rate specific business law topics in terms of their usefulness in the business world and the frequency at which they are encountered. The results of the survey clearly show that many topics which are taught to business students become and remain critically important to those students after they move on to the ranks of alumni and business leaders.

Keywords: business law, undergraduate law, business education, legal education, law business, aacsb, accounting education

JEL Classification: K00, K22, M00, K1, K2, M1, M4

Suggested Citation

Edwards, Chase and Tanner, John and Theriot, Reece and Chamberlain, Stacey, Business School Alumni Perspectives on the Need for Legal Studies (November 10, 2017). Southern Law Journal, Vol. 28(2) (Fall 2017). Available at SSRN: https://ssrn.com/abstract=3068850

Chase Edwards (Contact Author)

University of Louisiana at Lafayette - Department of Economics and Finance ( email )

Lafayette, LA 70504
United States

John Tanner

University of Louisiana at Lafayette - College of Business Administration ( email )

Lafayette, LA 70504-0200
United States

Reece Theriot

University of Louisiana at Lafayette - College of Business Administration ( email )

Lafayette, LA 70504-0200
United States

Stacey Chamberlain

University of Louisiana at Lafayette - College of Business Administration ( email )

Lafayette, LA 70504-0200
United States

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