LAW4540 - Entrepreneurship and the law - 2019

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Law

Chief examiner(s)

Summer B: Beverley Honig https://www.linkedin.com/in/beverley-honig-b284392b/

Unit guides

Offered

Clayton

  • Summer semester B 2019 (On-campus)

Prerequisites

For students who commenced their LLB course prior to 2015:

LAW1101 Introduction to legal reasoning

LAW1104 Research and writing

For students enrolled in the LLB (Honours) course from 2015:

LAW1111 Foundations of law

LAW1112 Public law and statutory interpretation

LAW1113 Torts

LAW1114 Criminal law 1

LAW2101 Contract A

LAW2102 Contract B

LAW2111 Constitutional law

LAW2112 Property A

Prohibitions

None

Synopsis

The golden age of entrepreneurship calls for proactive legal/commercial advisors who have an understanding of the innovation lifecycle.

This unit will cultivate your ability to navigate the entrepreneurial journey, using innovative problem solving techniques. Set in the practical context of relationships, we will explore how to break out of traditional legal silos to develop a dynamic, multi-disciplinary approach, whilst remaining mindful of the many related risks and opportunities that impact innovation.

This unit helps you tackle client challenges such as business formation, funds raising, trademarking, and structuring new business in new industries.

Creating disruption within the realms of good governance requires a new type of lawyer - one that 'gets it'. The lawyer of the future will add value and channel entrepreneurial energy.

Outcomes

At the successful completion of this unit, students will be able to:

  1. Articulate risks and opportunities involved in entrepreneurship from the initial concept through development to commercialisation.
  2. Develop a toolkit to identify specific legal/commercial issues that entrepreneurs need to deal with at various stages of venture development
  3. Engage with clients to provide a broad applied knowledge of the various substantive laws relating to entrepreneurial activities and businesses, including commercial law and how it impacts entrepreneurial activities and plans
  4. Embed the business deal in legal documents while abiding by client instructions
  5. Use the knowledge, skills and competencies necessary to engage with entrepreneurship and add value through solving client challenges creatively

Assessment

Class participation 10%;

Individual Videoed Role Play 40% comprising:

  1. Part 1: 10 minute role play (30%)
  2. Part 2: Written reflection on recorded interview - 500 words (10%)

    Preparation of Legal Toolkit for Entrepreneurs (50%) comprising:

  3. Part A: Development of a legal toolkit (20%) (group assessment);
  4. Part B: Presentation to the class (10%) (group assessment);
  5. Part C: Toolkit application - Incorporation in advice to client - 1000 words - 20% (individual assessment)

Workload requirements

This is a 6 day course 16, 18, 21, 22, 23 and 24 January (10 am - 5 pm) of workshops plus time outside of class for independent preparation and study. Most assessments will be due after intensive week.

See also Unit timetable information