Thursday, January 18, 2018

Brooklyn Law School teams up with accounting firm to teach students business skills

BLS is among a small but growing group of law schools (here, here and here) which have sought partnerships, in this case with Big 8 accounting firm Deloitte Haskins, to teach students business skills. Partnering with Deloitte has resulted in an intensive, 4 day mini "boot-camp" that's intended to provide students with an understanding of business basics such as reading financial statements and how to develop a business plan so that they are better able to interact with and represent business clients once they get into practice.  You can check out a description of the course here at the BLS website while this story in The Brooklyn Eagle more fully describes the program:

Brooklyn Law School, in collaboration with Deloitte Risk and Financial Advisory (Deloitte) and John P. Oswald, President and CEO of Capital Trust Group and a member of the Law School's Board of Trustees, is today holding its sixth annual "Business Boot Camp," a four-day intensive training program designed to enhance the business and financial savvy of its students and to better meet the needs of today's evolving global business marketplace. A "mini MBA" course, the Boot Camp has been developed and taught by top business professionals and the law school's corporate and business law faculty and graduates. Since launching in 2013, more than 500 students have completed the course, for which they earn credit.


Led by professor Michael Gerber, an internationally recognized expert in bankruptcy law, Business Boot Camp offers students instruction on a range of issues that business professionals regularly encounter and increasingly lawyers must be familiar with, including developing a business plan, reading financial statements, valuing assets, raising capital and meeting business goals while complying with the law.


Throughout the course, presentations and panel discussions will feature industry experts and alumni who will focus on a host of issues ranging from cybersecurity to how to buy and sell a business.


"The classic law school experience teaches students to 'think like a lawyer.' That is essential, but there are times when practicing lawyers need to reach outside the traditional legal toolkit and also think like a business person," said Gerber. "There are common issues that all business professionals confront, and Brooklyn Law School's Business Boot Camp introduces students — even those who have never studied business, finance or economics — to the vocabulary and framework they will need to help clients deal with those issues."

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Continue reading here.


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