To be admitted to the
Emphasis in Business & Entrepreneurial Law program, an applicant
must have a cumulative law school grade point average of at least 2.5,
and must have a grade point average of at least 2.8 in all program
courses or prerequisites which the student has taken prior to
application for admission to the program. For this purpose,
prerequisite business courses will also be counted, including Business
Organizations and Federal Income Taxation.
The deadline for
application to the program shall be no later than the beginning of the
second week of classes of the student's sixth semester of law school.
Any student who applies after the beginning of his or her fourth
semester must demonstrate that the program can be completed by the end
of the sixth semester of law school. Appropriate adjustments will be
made to deal with parttime students not on the regular semester
schedule. Exceptions to the deadlines may be made with approval of the
Emphasis Faculty Advisors, by majority vote.
Minimum Total Hours Required
The program will require a minimum of 15 hours of approved courses. Group A contains the courses that are "Required." Group B is a list of courses that students may choose among, designated as the "Grouped Required" courses. Students must take at least three of the courses from the Group B list.
Any course in Group A or B may be counted toward the required total hours even if it is also used to satisfy the student's Research and Writing Requirement.
Students must complete an academic research paper of high professional quality, sufficient to meet the Research and Writing Requirement standards of publishable quality, concerning a business or entrepreneurial law topic. The research paper must be certified as acceptable by one of the Emphasis Area Faculty Advisors. Students may fulfill this requirement in conjunction with any of the Group A or B courses, or independently as part of the general Research and Writing Requirement, as part of an Independent Study option, through one of the Law Schools' journal offerings, or through a research project pursued at the Center for the City at UMKC. There is no separate requirement that the research paper be graded.
Practical Skills Component
Students must complete at least one course containing a substantial practical skills component. The following courses satisfy this requirement:
LAW 8757 Business Planning
LAW 8837 Negotiating Mergers & Acquisitions
LAW 8875 Real Estate Transactions Planning Workshop
LAW 8757R Entrepreneurial Law Clinic
Advanced Legal Drafting (Business)
The requirement may be met by other internships, externships, simulation courses, drafting courses, or other courses designed to provide exposure to the type of work commonly performed by lawyers in the business and entrepreneurial law field, as the Emphasis Area Faculty Advisors may find acceptable. It is intended that courses fulfilling this requirement will include at least one business drafting exercise.
Each academic year, the Emphasis Area Faculty Advisors will provide four contact hours of lectures, seminars or workshops dealing with ethical issues that frequently arise in the business and entrepreneurial law field. Each student must complete this ethics requirement.
All Emphasis Area Students must complete an advanced research offering which will provide advanced skills in research in the business and entrepreneurial law field. This may entail a separate one hour course of study, a one hour component of an existing course, or separate lecture, seminar or workshop offerings as designated by the Concentration Faculty Advisors.
Prerequisites or Co-requisites
Required Courses(Group A)
(or other approved accounting education)
- Either Taxation of Business Organizations or Corporate Tax I and Partnership Tax
- Either Secured Transactions or Real Estate Finance
Grouped Required courses (Group B) (Must take three courses)
Real Estate Finance
Real Estate Transactions
(May not count both Real Estate Finance and Real Estate Transactions.)
Negotiating Mergers and Acquisitions
(If not taken to satisfy the UCC requirement or as a Group A course)
(If not taken to satisfy the UCC requirement)
Sales and Leasing
(If not taken to satisfy the UCC requirement)
Problems in Bankruptcy
(May not count both Debtor/Creditor and Bankruptcy.)
Entrepreneurial Law/Practice Clinic
Alternative Dispute Resolution
International Business Transactions
Employment Discrimination Law
(No more than one course of the group including Labor Law, Employment Discrimination Law and Employment Law may be counted.)
Intellectual Property Copyright Law
(May not count both Intellectual Property and Copyright Law.)
Antitrust and Competition Law
The above requirements are in addition to any hours received in connection with the Writing Component (unless done in connection with a listed course), any hours received for the Advanced Research Component, or for the Ethics Component. In addition, a course shall not be required for any student who has not had a reasonable opportunity to take the course due to limited enrollment, or due to the fact that the School has not offered the course at least once after the student has been admitted to the program.
For a student to be
recognized as having graduated with an emphasis in Business &
Entrepreneurial law, the student must have achieved a gradepoint
average of at least 3.0 in the minimum number of emphasis course
requirements listed as Required or Grouped Required; provided that a
student may, at the student’s option, omit a grade received in either
Corporate Tax I/Sub S Tax (combined) or Partnership Tax, while still
counting the course to reach the required number of academic credit
hours for the emphasis; and that a student may also omit any grade
received in any Grouped Required (Group B) course, so long as the
student has grades from at least three (3) Group B courses to be
counted in the grade point average necessary for the emphasis.