Fall 2011 Section 002
Law 169: Accounting for Lawyers

Schedule: Eve Class
Instructor(s): Clowery, Grant
Credit Hours: 2
CRN: 80091
Day(s): Monday
Location: Hazel Hall 224
Time: 6:00pm-7:50pm
Enrollment Limit: Please see Patriot Web
Online:
Notes:
Syllabus: Go to syllabus
Course Documents: No documents listed.
Exam Date/Time: 12-17-2011 12:00 noon
Prerequisites: None
General Description: This course introduces you to accounting issues that arise in the normal practice of law. An understanding of some of the fundamentals of accounting and financial statements is useful in many respects. For example, a labor lawyer representing the Union who understands the company's accounting and financial statements can do a better job than one who is ignorant about finance. A business lawyer negotiating a deal sometimes can change a few technical words and save or gain the client triple digit thousands. Lawyers also need to understand accounting concepts and their embodiment in the various documents which represent the client's income, tax position, net worth, liabilities, liquidity, and general financial position. A lawyer with solid legal expertise whose conversation with the client can range over these topics is a huge asset both for the client and for the firm.