Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning


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Specific topics include punishment of criminal advocacy; regulation of picketing and public demonstrations; obscenity; commercial speech; regulation of news media; and religious exemptions from government regulation. Functions of administrative tribunals in federal, state, and municipal government; the procedure before such administrative tribunals; and judicial relief from administrative decisions.

Course is the basic introduction to Environment Law; it considers the principal legal approaches used to deal with environmental problems, including common-law, statutory, regulatory, and economic-incentive systems. Legal problems associated with the ownership and use of land, water, and mineral resources. Covers a variety of legal issues relating to the status and treatment of wildlife and the management of natural areas for the conservation of biodiversity.

This course focuses on the profound legal and policy issues raised by changes in health law and the U. In addition, we will focus on the process of making laws and polices; what entities, institutions, and individuals control decisions about the quality and cost of health care. We will also explore the need and basis for reform.

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Examination of the legal and administrative aspects of land development and regulation in an urban society, including the techniques and problems of planning; the tools of plan effectuation, such as zoning, subdivision regulation, renewal and redevelopment, and housing programs; and the allocation of decision-making among various levels of government. Methods of financing land acquisition and residential and commercial development, including publicly owned and subsidized housing. The law governing the structure, powers, and operation of local governments in urban and suburban areas with analysis of political, economic, and social implications.

Introduction to the basic tools and methodology used in conducting legal research and will develop the skills necessary to identify and locate relevant, complete and current legal information in both print and digital formats. Weekly problem-based research exercises will be assigned. Required in the first year, fall term. Study of the regulation of the relationship between debtors and creditors under the federal Bankruptcy Code.

Study of secured transactions under Article 9 of the Uniform Commercial Code. Examines the basic legal consequences for individuals, organizations, and society of the formation, control, and financing of organizations. Surveys agency relationships, partnerships, and close and public corporations.

Explores the federal securities laws governing issuance of securities in the primary markets. Emphasis on regulatory requirements governing corporate financing. Focuses in detail on the substantive law and strategic considerations that are important in securities litigation, whether private suits by individual investors, private class actions under federal securities laws, or federal and state government enforcement proceedings. Topics include: 10 b fraud suits under the Act, 11 and 12 a 2 suits under the Act, insider trader liability, procedural issues in class actions, and litigation under federal proxy solicitation and tender offer regulations.

The second course in the sequence. Covers derivative suits, corporate finance, introduction to securities regulation, insider trading and mergers and acquisitions.

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This course will focus on the federal statutes commonly invoked in corporate and white collar prosecutions, including those used in prosecutions for conspiracy, mail and wire fraud, RICO, extortion, bribery, tax offenses, obstruction of justice, and false statements. The class will investigate the theoretical and policy framework for individual and institutional responsibility in our criminal justice system and will also explore emerging theories of corporate criminal liability and the principles undergirding the sanctions imposed for white collar crime.

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Prerequisite: This course is appropriate for law students who have completed introductory courses in criminal law and procedure. Analysis of corporate and securities law problems using the tools of modern financial theory. Emphases will typically include valuation, capital structure, and fundamental changes of public corporations. The limitations imposed by the Sherman Act, Clayton Act, and Federal Trade Commission Act on anticompetitive practices by business firms; emphasizes price fixing and other agreements among competitors, monopolization, mergers, exclusive dealing, tying arrangements.

Considers applicability of traditional rules to intellectual property and new technologies. Course introduces basic legal concepts relating to statutory and common-law trademark, interference with contractual relations and trade libel, the federalization of unfair competition law, and the role of the Federal Trade Commission in consumer protection activities.

Offers an in-depth look at the legal aspects of copyright with special emphasis on the application of traditional copyright principles to new technologies and media of expression. Historical development of protection of ideas, inventions, and discoveries; patentability; securing the patent; amendment and correction of patents; and infringement remedies, defenses, and procedure. The fundamental course in federal income taxation.

Includes materials relating to income taxation of individuals and an introduction to taxation of corporations and shareholders. In-depth study of federal income tax law related to taxation of corporations, shareholders, partnerships, and partners. Involves the study of Subchapter K of the Internal Revenue Code, including partnership formation, allocations, distributions, and liquidations.

Also examines the tax treatment of Subchapter S corporations. Covers the rationale and technical tax requirements for exempting charities from federal and state taxes. Subjects will include the rationale for exemption especially with respect to churches, schools, and hospitals , qualification rules under I. Section 5 c 3 , the Unrelated Business Income Tax, and if time permits, the charitable contributions deduction.

Doing business abroad: export-import regulations, use of foreign commission merchants, licensing of patents and know-how, investment and exchange problems, establishing a foreign operation including forms of business organization available abroad , and application of United States and foreign antitrust law to the business operation. Analysis of the regulation of trade between nations by international agreement e.

Intensive study of the European Common Market, particularly of its laws relating to trade barriers, establishment of companies, and antitrust; and United States legislation in the field of international trade. The nature, sources, and subjects of international law and its place in the control of international society; includes an examination of the law of jurisdiction, territory, recognition and succession of states, rights and immunities of states in foreign courts, diplomatic immunities, treaties, protection of citizens abroad, settlement of international disputes, war and neutrality, the United Nations, and the International Court of Justice.

Studies established and developing legal rules and procedures governing the protection of international human rights, including Marxist and Third World, as well as Western, conceptions of those rights. This course investigates the legal rights and responsibilities of employees in the non-union workplace. The course will emphasize particularly the role of law in adjusting the balance of power between individual employees and employers.


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It will study the regulation of contract, tort, and statute of such areas as hiring, discharge, compensation, employee privacy and dignity and the like. Study of the National Labor Relations Act as amended, the pre-act history of the labor movement, and the judiciary's response thereto, with emphasis on understanding the problems, experiments, and forces leading to the enactment; includes the negotiation and administration of the collective bargaining agreement, especially the grievance arbitration procedure, its operation and place in national labor policy; and explores the relationship of the individual and the union.

Problems arising under federal statutory prohibitions of discrimination in employment, with particular emphasis on evidentiary problems and the use of statistical proofs; defining relevant labor pools, using statistical analyses of data, and establishing proof of test validation. The creation and dissolution of the family, and legal relationships established by marriage, cohabitation and procreation. Covers the law of marriage, divorce, annulment, separation, unmarried cohabitation, illegitimacy, adoption and rights of child custody, parental property on divorce, inheritance, and related rights.


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Legal rules are placed into the social setting in which they operate, and emphasis is given to family policy as reflected in current developments in family law reform, including constitutional law. Studies the means of transferring wealth, with primary emphasis on gratuitous transfers; the means available for making gratuitous transfers, including the validity and effect of testamentary instruments and trust deeds; and problems concerning the dispositive provisions of any type of instrument which transfers wealth.

Examines the various legal implications of people living longer, with special emphasis on public policies and programs affecting the financing of medical care, housing arrangements, and income maintenance of persons aged 60 years and older. A general survey class on rules relating to workers compensation claims and litigation. Begins with an overview of the historical development of workers compensation laws, then surveys the general principles applicable to such laws, with particular emphasis on the Illinois Workers Compensation Act.

Guest speakers will include an arbitrator, a petitioner's attorney, and a claims manager.

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Substantive theories of products liability: negligence, breach of warranty, strict liability, and tortious misrepresentation; procedural and remedial problems with, and defenses to, each substantive theory. Covers principles generally applicable to insurance law and includes distinctive rules governing certain types of insurance coverage; objectives are to examine the nature of the insurance contract, marketing of insurance, principles of indemnity, individuals and entities protected by insurance rules, and risks that are shifted by insurance coverage.

Problems in the administration of criminal justice, with emphasis upon the commencement of formal proceedings bail, decision to prosecute, grand jury, preliminary hearing, location of prosecution, scope of prosecution, speedy trial ; the adversary system pleas, discovery, jury trials, prejudicial publicity, ethical problems, double jeopardy ; and post-conviction review post-trial motions, appeals, habeas corpus, related post-conviction remedies.

Problem course analyzing ethical issues that arise in the practice of law and considering the approaches to such issues taken by the American Bar Association's Code of Professional Responsibility, Model Rules of Professional Conduct, and Code of Judicial Conduct. Law governing the proof of disputed issues of fact; function of the court and jury; competence and examination of witnesses; standards of relevancy; privileged communications; illegal evidence; hearsay rule; best evidence rule; presumptions; and judicial notice.

Legal and practical issues in "complex" cases: problems of joinder in multi-party cases, consolidation of cases brought independently including the activities of the Judicial Panel of Multidistrict Litigation , class actions, discovery issues including the assertion and waiver of evidentiary privileges and use of computers, consequences of active judicial "management" of litigation at the pretrial stage, settlement of complex cases, and res judicata problems.

Examination of the relationship of federal courts to other organs of federal government and to the states, including an analysis of cases dealing with congressional control over jurisdiction, federal review of state court decisions including the relationship between state and federal substantive and procedural law , and application of law to fact; the scope of the federal question of jurisdiction in federal courts; abstention; federal injunctions of state criminal proceedings; and problems of justiciability, advisory opinions, and mootness.

Examination of the limitations, consequences, and costs, as well as the indispensability of some aspects of modern litigation; the possibilities, requirements, and legal problems of consensual and of court-annexed dispute resolution processes alternative to final judicial adjudication, including legal counseling, negotiation, mediation, arbitration, mini-trials, summary trials, summary jury trials, early neutral evaluation, private resolution providers, and settlement processes; current disputes used for illustration.

Survey of legal and equitable remedies for the protection of personal and property rights. Procedural and substantive aspects of injunctions; restitution of unjust enrichment in the context of the receipt of unsolicited benefits, benefits derived from the commission of tortious acts, and the mistaken acquisition of benefits; alternative remedies arising from bargain transactions; and remedies for violations of civil rights.

The place of law in society; the nature, goals, and methods of law; and the relation of law and social science. Studies selected topics in the development of law and legal institutions in the United States with particular emphasis on the history of the legal profession, legal education, and the role of lawyers and courts in U. Prerequisite: Some prior study of U.

Introduction to the economic analysis of law, including property, contracts, torts, criminal law, and related topics. Several field placements offer practical legal education, through field work in various agencies. Students engage in legal work under the supervision of experiences attorneys; the work may include conducting client interviews, doing legal research and fact investigation, preparing legal documents, negotiating, and in some cases, engaging in real trials.

May be repeated in the same or separate terms. Several clinics offer practical legal education through a variety of in-house clinics. The clinics focus on specific lawyering skills that are relevant to a particular area of practice e. Students engage in legal work under the supervision of experienced attorneys; the work may include conducting client interviews, doing legal research and fact investigation, preparing legal documents, negotiating, and in some cases, engaging in real trials. No graduate credit.

see url May be repeated for up to 12 professional hours if topics vary. Examination of the problems of advocacy and tactics at the trial level. Participants both with and without knowledge and experience of applying AI in legal practice are welcome to join the workshop. AI breakthroughs continue to improve everything from advanced search to information extraction and visualization to data summarization, classification, and review. The debate over using AI as a replacement for humans, as opposed to an augmentation of human abilities, otherwise known as IA or Intelligent Assistance, is over half a century old, but currently the pendulum is swinging back toward the augmentation or IA perspective.

However, not all human-AI collaborative effort is guaranteed to be fruitful. Research into the nature, degree, and efficiency of the human contribution to various applications is needed to ensure that the efforts and resources are deployed effectively.

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This workshop will bring together academics, lawyers, government administrators, legal service providers, and corporate researchers to analyze and discuss a shared, linked corpus of legislation and regulation that is represented in a machine readable form, e. Such formats facilitate querying, linking, and inferencing over the internet and with automation. The goal of working with a shared corpus using the Semantic Web is that individual researchers can work with tools, formats, or approaches or theories as they wish, but still have a common basis for discussion, linking, and accessing resources.

The shared corpus will be a relatively small, coherent, multi-jurisdictional, related set of documents of international relevance as selected by the workshop organisers. Much of the work of modern governance — including delivery of public services, adjudication of entitlement to public benefits, and enforcement of legal mandates — is performed by administrative agencies controlled by statutes, regulations, and other authoritative legal sources expressed in complex, interconnected texts.

Recent advances in AI technologies promise to improve the ability of all stakeholders, including agencies themselves, to operate within this complex regulatory environment. The program, which will include technical and position papers, demos, and panels, is intended be accessible to computer scientists, attorneys, and social scientists. This workshop will bring together an interdisciplinary group of scholars, academic and corporate researchers, legal practitioners, and legal service providers for an extended, collaborative discussion about applying natural language processing and machine learning to the semantic analysis of legal texts.

Semantic analysis is the process of relating syntactic elements and structures, drawn from the levels of phrases, clauses, sentences, paragraphs, and whole documents, to their language-independent meanings in a given domain, including meanings specific to legal information. Four tasks are included in the competition: Tasks 1 and 2 are about the case law competition, and tasks 3 and 4 are about the statute law competition. Task 1 is a legal case retrieval task, and it involves reading a new case Q, and extracting supporting cases S1, S2, …, Sn from the provided case law corpus, to support the decision for Q.

Task 2 is the legal case entailment task, which involves the identification of a paragraph from existing cases that entails the decision of a new case.

Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning
Law in a Market Context: An Introduction to Market Concepts in Legal Reasoning

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