Law Practice Management (2 credits)

This course examines the many issues relating to the successful practice of law, whether as a solo, small, mid-size or large law firm practitioner. Possible areas of focus include: risk management (e.g., calendaring, conflicts of interest); creation and handling of trust accounts; ethical and professionalism issues, including those relating to fee sharing and advertising; how billing occurs (e.g., contingency or retainer and the handling of bill disputes); various approaches to compensation of lawyer personnel; familiarity with financial balance sheets; the logistics of opening a law practice (e.g., securing office space, choice of entity form such as an S corporation, malpractice insurance); dissolution considerations; benefits and uses of particular forms of technology in law office management; business plans; business/client development and retention skills; and selecting and working with experts and consultants. The course is offered on an S+, S, S-, U basis. Prerequisite: Professional Responsibility