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• Entrepeneurship Education In the early 1980s a
few graduate business schools began to offer courses in entrepreneurship and
small business management. In the years that followed, most These ideas have
crystallized more slowly among legal educators. There are scattered law
school courses that teach students how to draft corporate and commercial
documents and others devoted to different kinds of business associations, but
almost none that address entrepreneurship and new ventures as a stand-alone
subject. Likewise, there are a number of community development and affordable
housing clinics that provide legal assistance to small business owners and
nonprofit organizations, usually in the immediate vicinity of the law school.
However, until the mid to late-1990s there was no clinical program whose
primary mission was to teach law students relatively sophisticated
transactional law in a hands-on, real-world setting. • The Northwestern The entrepreneurship
program at Northwestern Law is the result of student demand for courses that
prepare them to be transactional lawyers. While the Socratic method, employed
primarily in the first year, is a wonderful way in which to introduce
students to legal concepts and teach them the fundamentals of legal reasoning
and analysis, it is not particularly effective in teaching students what they
will need to know to handle a corporate or commercial transaction. In major
law firms, this gap in the experience and training of incoming associates
requires the firms to provide on-the-job training, occasionally through
in-house educational programs and, more often, by turning newcomers loose on
the firms' paying clients. It was pointed out by
student advocates at Northwestern that the clinical programs now offered at
almost every American law school do a good job of teaching students how to be
trial lawyers, but have no lasting value for the large portion of the student
body who are looking for a career in transactional law, and the sizeable
number who intend to use their legal training as an entrée into corporate
management, investment banking or consulting rather than private law practice.
In September 1998,
Northwestern unveiled its comprehensive entrepreneurship program. • "LawBus" Listserv A
number of prominent American law schools are now operating small business
clinics or teaching entrepreneurship law in the classroom on the Northwestern
model. Educators interested in this subject may subscribe to the LawBus
e-mail listserv by contacting Northwestern's
PROVIDING LEGAL ASSISTANCE TO INVENTORS & INNOVATORS THROUGH LAW SCHOOL CLINICS (pdf)
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