2013/2014  KAN-CMJ_I75  Law and Management

English Title

Law and Management

Course information
Language	English
Exam ECTS	7.5 ECTS
Type	Elective
Level	Full Degree Master
Duration	One Semester
Course period	Autumn Changes in schedule may occur. Wednesday 08.00-09.40, week 36-51
Time Table	Please see course schedule at e-Campus
Study board	Study Board for BSc/MSc in Business Administration and Commercial Law, MSc
Course coordinator
Andrej Savin - Law Department (LAW) Lasse Henningsen - Department of Marketing (Marketing)
Coordinating secretary: Susie Lund Hansen - slh.jur@cbs.dk
Main academic disciplines
Business Law Innovation and entrepreneurship Management
Last updated on 10-04-2013

Learning objectives

Upon completing the course, students should be able to understand the interplay between law and management use law proactively in management situations learn to use law and legal tools to increase total value created and the share of that value captured by the firm understand the relationship between law and business use knowledge of law to avoid difficult dispute situations learn to work with attorneys

Course prerequisites

No prerequisites.

Examination

Law and Management: Examination form Home assignment - written product Individual or group exam Individual Size of written product Max. 5 pages Assignment type Case based assignment Duration 24 hours to prepare Grading scale 7-step scale Examiner(s) Internal examiner and second internal examiner Exam period December/January Make-up exam/re-exam Same examination form as the ordinary exam

Course content and structure

The main aim of the course is to provide training in managing the legal dimension of business. A typical setup in a modern corporation involves legal counsel at various stages – drafting and performing contracts, litigating, enforcing IP rights, etc. Modern businesses, however, require an understanding and knowledge of the interplay between law, business and society which is not independent of the role the attorneys play.  The course is based on an assumption that the quality of legal astuteness is a key managerial skill.                                                            The understanding of legal problems is crucial for modern managers as it is no longer possible only to include law at the dispute stage, i.e. to treat law as a pathological element. Therefore, the course attempts to present legal topics for their managerial importance and value rather than to teach black-letter law and/or litigations skills only. The course includes an important law & economics component, teaching the future managers to analyse the legal problems from the viewpoint of efficiency. A number of topics (contracts, tort, intellectual property) therefore, have the law & economics theory component. The topics included are: Law, Value Creation and Risk Management; Ethics and the Law Sources of Law, Courts and Dispute Resolution An economic theory of the legal process I An economic theory of the legal process II Contracts, Sales, Licensing and E-Commerce Economics of Contract Law Torts Economics of Tort Law Intellectual Property Trade Secrets and Non-Disclosure Agreements Economic Theory of Property Economic of IP law Marshalling Human Resources Business Organizations Directors, Officers and Controlling Shareholders

Teaching methods

A combination of regular lectures and case-based classes is used. Smaller cases are used for illustration purposes in each class, larger cases will be used to discuss more complex topics.

Expected literature

A combination of chapters from the following will be used Constance E. Bagley: Managers and the Legal Environment - Strwtegies for the 21st Century (International edition, Southwestern CENGAGE 2013) http://www.cengagebrain.co.uk/shop/isbn/9781133485957 Cotter & Ullen, Law and Economics (6th. edition 2012, Addison-Wesley) http://www.mypearsonstore.com/bookstore/law-and-economics-9780132540650?xid=PSED Aprox. 3-4 cases on Harvard Business Publishing http://hbsp.harvard.edu/