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Fall 2021
LAW533  ES  TRANSACTIONAL SKILLS I

Course Description
This was formerly called Transactional Drafting and Practice. This interactive, practice-oriented course will be structured around the acquisition of an asset or business and some of the key agreements required to complete the transaction. Students will act as junior associates and work on one deal throughout the semester representing either the buyer or seller. Although the class will focus on certain provisions common to all contracts, students will negotiate and draft documents which may include a non-disclosure agreement, letter of intent outlining the main terms, due diligence memo, portions of an asset purchase agreement, a licensing agreement, or an employment agreement. Students will also communicate in writing to their clients throughout the duration of the transaction and will learn the proper selection and use of form agreements. Grades will be based on class participation, group and individual assignments, and a take-home exam, which will consist of writing an agreement. Students will watch videos each week from Professor Weldon discussing foundational drafting concepts and common contracts used in commercial transactions and will work in small groups with practitioners in class to work on drafting, negotiations, and simulations.

This course is a prerequisite to: Transactional Skills II - LAW 560 (formerly known as Transactional Lawyering, Deal Skills); Law 546- Introduction to Business Practices & Drafting of Transaction Documents; and LAW 741- Introduction to the Deal.


Course Schedule
Dates Day Time Room
08-23-2021 - 12-01-2021   W  8:00 AM-9:50 AM DL

Course Frequency

Course Information

Credits: 3
Pass/Fail Option: Yes
Prerequisite: Contracts and corequisite or prerequisite is BA unless they have permission.
Grading: Mandatory Honors/Pass/Fail
Method of Evaluation: Grades will be based on class participation, group and individual assignments, and a take-home exam, which will consist of writing an agreement. Students will watch videos each week from Professor Weldon discussing foundational drafting concepts and common contracts used in commercial transactions and will work in small groups with practitioners in class to work on drafting, negotiations, and simulations.
Graduation Requirements Fulfilled By Course:
Skills Requirement
Special Attributes: None
Course Delivery:
Online (all synchronous)
Special Restrictions: limited to 10 students
Law Track(s): None
Bar Subject(s):
NEW YORK SKILLS
Concentration(s):
Business Compliance and Sustainability (Area of Focus)   More information
Business Compliance and Sustainability (Concentration)   More information
Course Book(s): TBD/None      
First Class Assignment(s):
  • Assignment: Translating the Business Deal into Contract Concepts. This unit provides the framework for the course. You will learn the analytic skills that deal lawyers use when drafting and will review the basic contract concepts, but from a deal lawyer’s perspective. Reading Assignment Stark Book Chapter 1 – A Few Words. Chapter 2 – The Building Blocks of Contracts. Chapter 3 – Translating the Business Deal – Part 1. Chapter 4 – Translating the Business Deal – Part 2. Chapter 5 – A Contract’s Parts Optional Fox- Ch. 2 - Building Blocks, the Basics * * * * * Assignment before in-person class • Watch video lectures and answer question • Watch introduction video of Professors Weldon and your adjunct. These will be uploaded to Blackboard. • Do Stark Exercise 5-4 and be prepared to go over your answers in class In- class assignments Stark book 5-1 - You will do this as a class but you must have your draft completed. Be prepared to share your screen with the class.   

    Ch. 1-5 Stark Week 1.pdf

 
Professor(s)

SANDIFORD, RODNEY



Contact Information:
Email: Stephen.Sandiford@hklaw.com

NARINE WELDON, MARCIA


Biography
Contact Information:
Email: mweldon@law.miami.edu
Phone: 305-284-6534