Transactional Drafting Bootcamp (Krouse/McCaffrey)
FS 8:30AM - 4:40PM
Tanenbaum Hall 145
This course is designed to introduce students to the very basic transactional law skill set required and expected of junior associates. Students will be taught through a combination of lectures, panel discussions, readings and (most importantly) activities focused on basic drafting, negotiation, communication and interpretation skills associated with a variety of agreements. The course will emphasize practical knowledge and skills, through a simulated joint venture negotiation between typical joint venture partners in a real estate asset purchase (i.e., an “Investor” and a “Property Manager (PM)”) to provide future transactional attorneys a basic understanding of contracting interpretation and drafting, the framework of the Delaware Limited Liability Company Act and the deal process. These skills will be reinforced through the (1) negotiation and drafting of a LLC agreement addressing all major (non-tax) business issues, for a proposed Delaware limited liability company, (2) drafting of other agreements and corporate resolutions and related documents and (3) client counseling. The class will be divided into multiple teams with each team representing either the Investor or the PM. The instructor will serve as both the “client” and “supervising attorney” to both teams. The “client” will serve to present various business issues and to provide feedback on agreements being drafted by each team. The “supervising attorney” will serve to supervise work, provide feedback and to help simulate the experience of working under a senior attorney in your early years of practice.
The class will meet Friday and Saturday, 8:30-4:30, on 1/20 and 1/21; 1/27 and 1/28.
Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.
Property and Real Estate Law Learning outcomes: Demonstrate a core understanding of property and real estate law; Perform legal analysis in the context of property and real estate law; Communicate effectively on topics related to property and real estate law; Demonstrate an understanding of how property and real estate law affect other areas of law.
Professional Responsibility and Ethics Learning outcomes: Demonstrate an understanding of how the law affects, and is affected by, the individual course topic; Perform legal analysis in the context of the individual course topic; Communicate effectively on the legal and other aspects of the individual course topic; Demonstrate the ability to use other disciplines to analyze legal issues relevant to the individual course topic, including economics, philosophy, and sociology, as appropriate.
"Drafting Contracts" by Tina Stark