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LS50DE: BUSINESS ENVIRONMENT AND ETHICS (2021-2022)

Last modified: 20 Oct 2021 13:20


Course Overview

The course is divided into two parts. Part 1 will cover: business structures and investment; a group exercise involves the set-up of a virtual law firm and construction of key business and practice policies; management of time and risk capability; company accounts analysis; loan finance; financial advice and tax implications; financial services. Part 2 will cover ethical issues in the client relationship; confidentiality and conflict; and duties and discipline. Key skills such as communication with clients, team working, drafting are covered.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Miss Jean Wilke

What courses & programmes must have been taken before this course?

  • Either Diploma in Professional Legal Practice or Dip In Professional Legal Practice

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The course will adopt a transaction based approach to business and financial awareness, practice awareness and the development of ethical practice. The course is divided into two parts. Part 1 will cover: business structures and investment; the regulatory and fiscal framework within which business operates; a team working exercise which involves the set-up of a virtual law firm and construction of key business and practice policies and documentation; management of time and risk capability in legal transactions/matters; company accounts analysis; loan finance; financial advice; financial services. Part 2 will cover: the ethics of creating and managing a client relationship; confidentiality and conflict; and duties and discipline. Key skills will also be covered such as communication with clients, team working, drafting, and transaction based research.


In light of Covid-19 this information is indicative and may be subject to change.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Seminar during University weeks 9 - 20

More Information about Week Numbers


Summative Assessments

Assignment 6 - Tax MCT

Assessment Type Summative Weighting 10
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Assignment 3 - Online Accounts MCT

Assessment Type Summative Weighting 15
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Assignment 1 - LLP Model

Assessment Type Summative Weighting 20
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Assignment 4 - Online Regulatory Framework MCT

Assessment Type Summative Weighting 5
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Participation and Professionalism

Assessment Type Summative Weighting 0
Assessment Weeks Feedback Weeks

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Pass/Fail

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Assignment 2 - Essay

Assessment Type Summative Weighting 35
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Assignment 5 - Report on Share Markets

Assessment Type Summative Weighting 15
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Resit Assessments

Resubmission of failed elements

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

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Where a student has failed an element of assessment (other than participation and professionalism) he or she will be entitled to an automatic resit of that element of assessment.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualUnderstandUnderstand how technology is used in legal practice in Scotland, including the importance of cybersecurity to the Scottish legal profession and secure electronic communication with clients and others.
ProceduralApplyLearn how to use electronic drafting tools to create legal documents and apply the knowledge in practical surroundings.

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