Loyola University > School of Law > Academics > Areas of Study > Specializations > Transactional Law
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TRANSACTIONAL LAWYERS NEED strong analytical, drafting, writing, and negotiation skills so they can counsel organizations and individuals on a variety of legal and business issues. Loyola's JD Certificate in Transactional Law provides you with the valuable training and experience to be successful in firms of all sizes and in various corporate law settings.
To earn a Certificate in Transactional Law, you must complete six (6) courses, with topics including business organizations, federal income tax, corporate and partnership tax, securities regulation, one experiential course and one elective course. Credit hours range from 17-21 credit hours, depending on the experiential and elective courses selected.
You must complete all requirements of the program and earn a grade point average of “B” (3.0) average overall or better in the Certificate courses taken.
- Second Year for JD students (Weekend JD Students in the Third Year) Fall Term: Federal Income Tax (3 credits)
- Second Year for JD Students (Weekend JD Students in the Third Year) Spring Term: Corporate and Partnership Tax (3 credits)
- Business Organizations * (4 credits)
- Securities Regulation * (3 credits)
* These courses can be taken in any term.
You must complete a business law externship, clinical, or work experience. All externship experiences and volunteer/employment experiences must be approved in advance. Pre-approved paid work, work as a research assistant, or volunteer work count toward the experiential requirement.
- Advising Not-for-Profit Organizations (Simulation) (4 credits)
- Business Law Clinic I (3 or 4 credits)
- Business Planning (3 or 4 credits)
- Externship (2 or 3 credits)
You must select one elective course:
- Advanced Business Transactions and Negotiations (3 credits)
- Advanced Corporate Tax (3 credits)
- Advanced Writing for Legal Practice: Business Practice (2 credits)
- Antitrust (3 credits)
- Bankruptcy (3 credits)
- Business Law Clinic II (2 or 3 credits)
- Business Practice Transactional Skills (Simulation) (3 credits)
- Corporate Compliance (2 credits)
- Corporate Governance Law and Practice (2 credits)
- Consumer Law (2 credits)
- Documenting and Negotiating Finance Transactions
- Environmental Law (3 credits)
- Federal Tax Clinic I (4 credits)
- Federal Tax Clinic II (2 credits)
- Intellectual Property (3 credits)
- International Business Transactions (3 credits)
- Law and Accounting (2 credits)
- Law and the Subprime Debacle (2 credits)
- Mergers and Acquisitions (3 credits)
- Sales (3 credits)
- Secured Transactions (3 credits)
- Securitization (2 credits)
- Transactional Skills Seminar (2 credits)
Each student graduating with the Certificate in Transactional Law must demonstrate:
- competence in the business and transactional law subject areas covered by the following required courses: Business Organizations, Federal Income Tax and Corporate or Partnership Tax;
- competence in reading, interpreting, and considering basic financial statements and other basic financial literacy skills in deals as covered by the following required courses: Business Organizations, Federal Income Tax and Business Law Clinic;
- competence in securities regulation subject area as covered by the following required course: Securities Regulation;
- competence in interviewing, counseling, and communicating with clients, supervising attorneys, and other deal team members in the context of a business deal through the law school’s experiential program (the business law clinic or externship); and
- competence in identifying ethical issues in business transactions through Externships and the Business Law Clinic.
Applying for the certificate
At the beginning of your third year, you must complete an application for the Certificate in Transactional Law. You must submit a completed application to the Center for Business Law faculty member for consultation and signature. You must then submit your signed application form to the Law School Registrar's Office. At the end of your third year, you will have an exit interview to review all of the certificate requirements.
The Center for Business Law
The Transactional Law Certificate is administered by the following faculty members:
Patricia Hureston Lee
Clinical Professor of Law; Executive Director, Center for Business Law; Director, Business Law Clinic
Professor of Law; and Director, Center for Business Law