This is a course on innovation and entrepreneurship with a focus on the legal profession. This course discusses various forces impacting the legal profession with focus on technology, globalization and demographic changes and the impact that all of the above are having and may have on the future of legal profession. In addition, LSM 830 explores alternative business structures and how these structures may change the way legal practice evolves. Other topics such as alternate billing and project management will also be discussed. Woven throughout the course is an exploration of how the legal profession can take advantage of change to create better access to justice.
Course Learning Objectives
By the end of this course, students should be able to:
- Describe the forces and challenges facing the legal profession.
- Explain how technology impacts the legal profession and how to take advantage of technological advances to make a legal practice more efficient as well as to better meet the needs of clients.
- Describe why globalization and outsourcing have occurred and what the impacts of them are on the legal profession.
- Describe alternate business structures and how they might be used to change the way law is practiced.
- Differentiate, using a systematic and thorough approach, between an idea and a true business opportunity or innovation worth implementing.
- Analyze factors that inhibit and enable innovation and entrepreneurship.
- Reflect on changes in the legal profession that create better access to justice.