Villanova’s WHERE LAW MEETS BUSINESS philosophy comes to life with two required and credit-bearing courses that broaden your business knowledge and prepare you for today’s fast-paced marketplace. We worked with industry experts and leading law firms to design innovative courses that directly align with the demands of professional practice:
Joseph Del Raso Financial Literacy for Lawyers (1L)
Crafted and presented in consultation with business and financial leaders, including Reuben Advani of BarBri, this module introduces law students to critical business and finance concepts. Beyond learning to read a financial statement, this course allows students to exercise creative problem solving, strategic thinking and professional judgment, and learn to work effectively with colleagues and senior attorneys. Students put these new concepts into practice as they work through real-life legal scenarios—the purchase of income-producing real estate and the sale and purchase of a business—to identify and better understand the business and financial issues faced by practicing lawyers.
In its inaugural year (2013), lecturers included Joseph Del Raso ’83 and James Jumper, of Pepper Hamilton; Stanley Milavec, Judy Wang Mayer ’07 and Doug Coopersmith ’74, of Buchanan Ingersoll & Rooney; Michael Trachtman ’74 and Eric Wilenzik, of Powell Trachtman; and Samuel Becker ’78 and Kevin Baum ’97, of Blank Rome.
Business Aspects of Law (2L)
As the legal industry continues to evolve, understanding the business of practicing law has never been more important. The structure, personnel and economics of a law firm, and how to properly manage legal projects are all topics that today’s legal graduates must understand to be successful. This week-long course offers real-world lessons in the business of practicing law.
Designed in consultation with legal management leaders with coursework tailored to what graduates need to know, this dynamic module covers topics such as legal management structures, ranging from the sole practitioner to large international firms; law firm personnel and their roles; revenue generation and overhead; and resource management for legal projects.
In its inaugural year, lecturers included Tony Licata of Morgan Lewis & Bockius LLP, Colleen Nihill ’01, of Dechert LLP; Arthur Greenberg of Goodwin Procter LLP; Amy Schuh ’98 of Merck & Co.; Meredith Carter ’06 of Rembrandt IP Management; and Steve Sugarman of Steven L. Sugarman & Associates.