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Unit of Study LAW72007 - International Business Negotiations (2020)

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Unit Snapshot

  • Enrolment information

    Students are required to attend a compulsory 4 day on-campus workshop, please check the class timetable for details.

Unit description

This unit introduces students to negotiations and transactional legal practice through a structured simulated negotiation exercise. Students will represent different international companies interested in working together to exploit a new technology. The form of collaboration could be a joint venture, a licensing agreement or a long term supply contract. The negotiations will take place through written exchanges and through live negotiations.

Unit content

1. Introduction to International Business Transactions

  • The role of lawyers
  • Financial analysis

2. Simulation Exercise

3. Negotiations

  • The process of negotiation
  • Issues in international negotiations
  • Inter-relation of business, finance and law in transactional negotiations
  • Special issues in negotiations: Impasse; Right of First Refusal; Inter-related Agreements

4. Structures of Transactions

  • Joint Venture Agreement
  • Supply Agreement
  • License Agreement

5. Impact of the Press

Availabilities

Location Domestic International
Online
Session3
Session3

Learning outcomes and graduate attributes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
Learning outcome count Learning outcome description GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 discuss the sequential development of a business transaction over an extended negotiation
2 identify the businesses and legal issues and strategies that impact the negotiation
3 explain the dynamics of negotiating and structuring international business transactions
4 explain the role that lawyers and law play in these negotiations
5 communicate and negotiate in a context that replicates actual legal practice

On completion of this unit, students should be able to:

  1. discuss the sequential development of a business transaction over an extended negotiation
    • GA4:
  2. identify the businesses and legal issues and strategies that impact the negotiation
    • GA4:
  3. explain the dynamics of negotiating and structuring international business transactions
    • GA4:
  4. explain the role that lawyers and law play in these negotiations
    • GA4:
  5. communicate and negotiate in a context that replicates actual legal practice
    • GA4:
    • GA5:
    • GA6:

Prescribed learning resources

Prescribed Texts
  • No prescribed texts.

Prescribed Learning Resources may change in future Teaching Periods.