Understanding the law is an important talent for company executives to have. However, legal restrictions are growing more complicated, making it more difficult to mitigate possible risks. The Legal Strategy for Business online course offered by Northwestern University is intended to assist students in guiding the company’s strategic vision within the complicated legal landscape of the United States.
According to the GovTrack report, In 2019, 130 new laws were enacted in the United States. The Legal Strategy for Business Training provides the legal literacy required to understand the fundamental concepts of US business law and the knowledge to comprehend and negotiate numerous legal requirements.
The Legal Strategy for Business syllabus covers topics such as corporate social responsibility and contract law, tort law foundations, and competition & antitrust law. Students will also create a strategic perspective on copyright law, examine alternative legal business forms, and determine what constitutes effective corporate governance. In addition, candidates will create a tailored strategic plan to discover how the law may be leveraged as a strong business tool.
To qualify for the Legal Strategy for Business certification from Northwestern University, Candidates must finish all of the program modules as well submit all of the work and presentations contained in the online course. Applicants will be asked to take part in classroom activities such as live polls, quizzes, case studies, surveys, and so on. Learners' progress is evaluated through a series of online tasks and projects. To qualify for accreditation, all of the requirements outlined in the coursebook must be satisfied.
What you will learn
Knowledge of lawBusiness Management
After the completion of Legal Strategy for Business online training, Students will learn about fundamental legal understanding necessary to steer the company's strategic direction, minimize risk, and influence leadership choices. Candidates will develop the capacity to comprehend and negotiate the rules and regulations that comprise the increasingly complicated legal landscape in the United States as well as create a customized legal strategy playbook identifying how the law may be utilized as a strong business instrument for building offensive and defensive company strategies.
Individuals seeking to advance in their present position, assume greater responsibility or enhance their legal literacy by comprehending and working within increasingly complicated laws and regulations.
Admission Details
To get admission to Legal Strategy for Business online certification course, follow the steps mentioned below:
Step 1. To open the course page of Legal Strategy for Business, go through the given link (https://www.getsmarter.com/products/northwestern-university-legal-strategy-for-business-online-program)
Step 2. Click on the ‘Register Now’ button to further proceed
Step 3. Agree with the provider terms and conditions to continue
Step 4. Generate a profile on the Getsmarter portal by providing personal information
Step 5. Fill in the billing address and sponsor details if applicable
Step 6. Pay the fee amount via the preferred method and start the online class
The Syllabus
Summarize the roles of the federal and state court systems
Highlight the difference between subject matter jurisdiction, personal jurisdiction, and extra-territorial reach
Review the extent to which your own business or industry incorporates legal principles into its business strategy
Identify the key forms of alternative dispute resolution
Outline the main stages of civil and criminal court proceedings
Explain the difference between an agent and an independent contractor
Describe the circumstances in which an agency relationship is created
Determine when vicarious liability applies to employers
Analyze how the legal principles in this module might be used offensively and defensively in your context
Apply the work-related test to determine the scope of the agency
Assess the liability of an employer for the wrongful act of an agent or independent contractor
Articulate the elements of a negligence claim
Describe the different types of business torts
Determine the defences to a negligence claim
Distinguish the requirements of strict liability (product liability) claim
Determine the circumstances under which punitive damages can be claimed
Assess whether a company may be found liable under tort law
Analyze how the legal principles in this module might be used offensively and defensively in your context
Identify guidelines for the interpretation and enforcement of contracts
Describe the elements necessary to form a commercial contract
Articulate a possible remedy if a contract is found unenforceable
Investigate the valuation of contractual damage claims
Analyze the limited defences to a properly formed commercial contract
Assess whether a commercial contract is enforceable and recommend business solutions
Analyze how the legal principles in this module might be used offensively and defensively in your context
Identify conduct that violates section 1 and section 2 of the Sherman Antitrust Act of 1890 and possible defences
Describe the key features of the antitrust regulatory landscape
Articulate the requirements of a successful global merger review
Analyze how the legal principles in this module might be used offensively and defensively in your context
Investigate the possible civil and criminal penalties for antitrust violations
Assess whether businesses are at risk of contravening antitrust and competition law
Explain the requirements of trade secret protection and the penalties for misappropriation
Outline the regulatory scheme of intellectual property
Articulate the requirements for trademark, copyright and trade dress registration and the penalties for infringement
Assess how the legal principles in this module might be used offensively and defensively in your context
Analyze the requirements for the prosecution and enforcement of patents
Recommend a comprehensive intellectual property strategy
Review the fundamental characteristics of the corporate form
Outline the primary drivers for selecting an appropriate business entity
Articulate when the corporate form might be invalidated
Compare the pros and cons of operating as a partnership or franchise
Compare the pros and cons of operating as an LLC
Assess which business entity is best suited to the circumstances, and how to properly maintain it
Analyze how the legal principles in this module might be used offensively and defensively in your context
Explain the fiduciary duties of officers and directors
Describe the fundamentals of good corporate governance
Determine the circumstances under which shareholders can sue for breaches of fiduciary duties
Analyze how the legal principles in this module might be used offensively and defensively in your context
Investigate how claims of fiduciary breaches are resolved
Assess whether officers and directors are complying with principles of good corporate governance and their fiduciary duties
Instructors
Kellogg School of Management, Evanston Frequently Asked Questions (FAQ's)
1: What are the three basic strategies of business?
Niche, service and cost strategies are the three basic strategies of the business.
2: What is a business strategy?
A business strategy is an outline of how a firm will accomplish its goals, fulfill its customers' expectations, and maintain a competitive edge in the market.
3: What does legal strategy do in a business?
The legal strategy offers legal counsel to the senior leadership team of a business, allowing growth objectives to be met.
4: What is a legal strategist?
A legal strategist offers the necessary assistance and resources to promote high-level strategic activities inside the company.
5: Which is the best corporate legal strategy course?
The Legal Strategy For business course offered by Northwestern University is the best corporate legal strategy course.