To handle legal matters appropriately, business people need to know how to get good legal advice. This may require finding and retaining a lawyer, or it may involve working with existing in-house counsel. Business people must understand how lawyers approach legal issues and what lawyers need from clients in order to represent them effectively.
With content provided by four legal experts, including Cornell Law School professors and practicing attorneys, this course explains how lawyers work, how to establish an effective relationship with both in-house and external counsel, and how to work with legal professionals on business transactions and litigation. A course project guides you in applying these principles of attorney-client collaboration to your own work situation.
These courses are required to be completed prior to starting this course:
- Embracing the Basics of Business Law
- Structuring Business Agreements for Success
- Exploring Specialty Areas of Business Law
Faculty AuthorMark Underberg practiced corporate law for 30 years, advising directors and officers in corporate governance and other aspects of corporate law. Until 2012, he was a partner in the New York City law firm of Paul, Weiss, Rifkind, Wharton & Garrison. He has a law degree from Cornell Law School.
Mary Gail Gearns is co-leader of the litigation practice at the Morgan Lewis law firm in New York City. Her practice includes all aspects of complex commercial litigation, with a focus on securities litigation and enforcement matters. She represents clients in securities fraud actions, shareholder derivative suits, class actions, and qui tam actions.
Allison Fumai is a partner at Dechert LLP, in New York City. She regularly advises mutual funds, closed-end funds and exchange-traded funds and their investment advisers on issues relating to the development and launch of new funds, ongoing compliance and regulatory matters, mergers, liquidations, and restructuring of funds.
Kelly Mahon Tullier is Executive Vice President, General Counsel & Corporate Secretary of Visa Inc. She joined Visa from PepsiCo, Inc., where she served as the Senior Vice President and Deputy General Counsel. Prior to that, she served as vice president and general counsel at Frito-Lay Inc. She is a graduate of Cornell Law School.
Benefits to the Learner
- Identify issues requiring legal counsel and consider ways to find a good lawyer
- Assess what litigation lawyers need from their clients and prepare to work effectively with them in litigation processes
- Consider the role of lawyers in business deals and prepare to collaborate with them
- Identify when in-house counsel is needed, analyze the qualities of effective in-house counsel, and identify the role they can play as business partners