|Penn Law and Wharton Students Glean Real World Lessons in New Deals’ Class
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She continued, “This is education at its finest — teaching complex principles of business and law in an interactive learning environment.”
Knoll concurred: “The back and forth between the dealmakers and the students was the highlight.”
The class traces its roots to Columbia University, where, several years ago, Raff and his former colleagues conceived a similar course to fill a gap in the curriculum. Raff said the course remains just as relevant at Penn. He observed that lawyers and corporate executives continue to interact regularly, yet law schools and business schools rarely offer detailed instruction on the mechanics of and economic logic behind deal structuring.
Indeed, third-year law student John Zurn found the class a refreshing departure. “Exposure to the business side of transactions was extremely interesting,” he said. “In the Law School we tend to focus on the legal and contractual details without really seeing the big picture. The Deals class allowed us to see what was happening overall and why it was happening. (That was a) very interesting perspective shift.”