Law and Entrepreneurship (FIELDWORK PRACTICUM)
J.D. Practicum 1087
| 5 credit hours
In fieldwork practicum courses, students participate in weekly seminars and conduct related fieldwork at outside organizations. This fieldwork practicum course explores the role of lawyer as counsel to social and business entrepreneurs engaged in early-stage ventures. Students will participate in a two hour/week seminar and carry out 15 hours/week of fieldwork at the law firm Foley & Lardner.
SEMINAR: In the two-hour/week seminar, students survey the legal and business issues confronted by entrepreneurs and develop the practical skills to effectively and ethically represent them. Students study how to interview, counsel, plan, draft, and negotiate, by critiquing relevant readings and putting this to use in the context of client interactions and classroom simulations. They discuss client work through case rounds and seminar readings. Topics consist of the following: the entrepreneurial mindset; the issues confronted by social and business entrepreneurs—similarities and differences; how to evaluate the key elements of a business plan; choosing and forming the right business entity; ownership and control—aligning the interests of founders, key employees, and investors; governance issues—building and advising the board of directors; employment agreements; capital structure and vehicles for funding the entity; securing and monetizing intellectual property.
FIELDWORK: In the 15 hour/week field placement, students will work at and be supervised by attorneys at the law firm Foley & Lardner. In this role, students will research issues and advise student entrepreneurs affiliated with the Georgetown Entrepreneurship Initiative, as well as various private ventures and community empowerment and economic development initiatives in the DC area. Students will typically develop a portfolio of three-five projects across the semester.
Prerequisites: J.D. students must complete the required first-year program prior to enrolling in this course (part-time and interdivisional transfer students may enroll prior to completing Criminal Justice, Property, or their first-year elective). Students must also have taken Corporations with Professor Cook.
Students may not concurrently enroll in this practicum and an externship or a clinic or another practicum course.
THIS COURSE REQUIRES PROFESSOR PERMISSION TO ENROLL. Students must submit a resume and statement of interest to Professor Anthony Cook (email@example.com) by Wednesday, June 8, 2016. After that date, if seats remain open in the course, students will be admitted on a rolling basis. This practicum course is open to LL.M. students, space permitting.
This course is suitable for evening students who can commit to attending class and working 15 hours/week, during business hours, on site at Foley & Lardner.
This is a five credit course. Two credits will be awarded for the two-hour weekly seminar. Three credits will be awarded for 15 hours of supervised fieldwork per week, for a minimum of 11 weeks, to be scheduled with the faculty. The fieldwork must be completed during normal business hours. The two-credit seminar portion of this practicum will be graded. The fieldwork credits are mandatory pass/fail. Students will be allowed to take another course pass/fail in the same semester as the fieldwork.
There will be a class meeting in the week before the semester begins. The day and time will be announced.
Students who enroll in this course will be automatically enrolled in both the seminar and fieldwork components and may not take either component separately. After Add/Drop, a student who wishes to withdraw from a practicum course must obtain permission from the faculty member and the Assistant Dean for Experiential Education. The Assistant Dean will grant such withdrawal requests only when remaining enrolled in the practicum would cause significant hardship for the student. A student who is granted permission to withdraw will be withdrawn from both the seminar and fieldwork components.
Default attendance rule for all practicum courses (unless the professor indicates otherwise): Regular and punctual attendance is required at all practicum seminars and fieldwork placements. Students in project-based practicum courses are similarly required to devote the requisite number of hours to their project. If a student must miss seminar, fieldwork, or project work, he or she must speak to the professor as soon as possible to discuss the absence. Unless the professor indicates otherwise, a student with more than one unexcused absence from the practicum seminar (out of 13 total seminar sessions), or one week of unexcused absences from the fieldwork or project work (out of a total of 11 weeks of fieldwork or project work), may receive a lower grade or, at the professor’s discretion, may be withdrawn from the practicum course.
||Room / Days / From-To
(CRN #: 25251)
||Cook, Anthony E.