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Most law students have never had formal coursework in accounting or finance, yet these areas are integral to so many law school courses: Business Associations, Corporate Law, Securities Regulations, Corporate Finance, Taxation, Mergers & Acquisitions, Banking Law, Financial Regulation, and Business Planning. With math no more difficult than high school algebra, Essential Concepts of Business for Lawyers, Fourth Edition fills in those gaps with an accessible and interactive presentation of accounting, finance, and financial markets. Each stand-alone chapter provides a complete lesson that will shed light on business courses in law school, as well as business situations in legal practice. 

New to the 4th Edition: 

● New cases that illustrate the business concepts 

● Timely coverage of recent events, such as the financial crisis, the collapse of investment banks, and the Bernie Madoff fraud 

● New information and market developments such as the demise of LIBOR and its replacement with SOFR 

● More examples and illustrations throughout the book 

Professors and students will benefit from: 

● Self-contained course book that supports a 2-credit course on an overview of business concepts, including accounting, finance, valuation, financial instruments, and business strategy 

● Lessons go beyond the definitions of terms of art and business terminology 

● Pitched to students at an accessible level 

● Use of edited appellate cases to connect business concepts to the law and legal practice 

● Students will learn the basic and most essential concepts of business 

● Materials presented in accessible way including the use of many examples to illustrate difficult concepts 

● Clear explanations of difficult materials and foreign concepts 

● Connecting business concepts to the law and legal practice by illustrating the use of business concepts in familiar judicial opinions