Join Aspen Rewards - FREE SHIPPING & DISCOUNTS

Essential Concepts of Business for Lawyers, Fourth Edition

Authors
  • Robert J. Rhee
Series / Aspen Coursebook Series
Description
Table of contents
Preface

Buy a new version of this textbook and receive access to the Connected eBook on Casebook Connect, including academic lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes.



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

Read More
Table of contents

SUMMARY OF CONTENTS


Contents 
List of Examples 
Acknowledgments 
Preface 


INTRODUCTION 
PART ONE
ACCOUNTING AND FINANCIAL STATEMENT ANALYSIS 
CHAPTER 1
Introduction to Accounting 
CHAPTER 2
Balance Sheet 
CHAPTER 3
Income Statement 
CHAPTER 4
Cash Flow Statement 
CHAPTER 5
Financial Statement Analysis 
CHAPTER 6
Creating Financial Statements 
PART TWO
PRINCIPLES OF FINANCE AND VALUATION 
CHAPTER 7
Risk and Return 
CHAPTER 8
Time Value of Money 
CHAPTER 9
Valuation 

CHAPTER 10
Economics of the Firm 
PART THREE
FINANCIAL INSTRUMENTS AND CAPITAL MARKETS 
CHAPTER 11
Financial Instruments I (Debt and Equity) 
CHAPTER 12
Financial Instruments II (Derivatives) 
CHAPTER 13
Capital Markets 
PART FOUR
CORPORATE TRANSACTIONS AND BUSINESS STRATEGY 
CHAPTER 14
Corporate Transactions 
CHAPTER 15


Business Strategy 
Glossary 

Read More
Professor Materials
Please sign in or register to view Professor Materials. These materials are only available for validated professor accounts. If you are registering for the first time, validation may take up to 2 business days.
About the authors
Robert Rhee
University of Maryland Law School

Professor Rhee's legal experience includes positions as a law clerk on the U.S. Court of Appeals for the Third Circuit, and a trial attorney in the Honors Program of the U.S. Department of Justice. He also has significant investment banking experience. He was a vice president in financial institutions investment banking at Fox-Pitt, Kelton (a unit of Swiss Re) in New York, and an M&A investment banker at UBS Warburg in London. He has worked on public and private M&A assignments, distressed restructurings, private equity funding, and debt and equity issuances. His scholarly interests include risk-focused economic analyses of legal and social problems. The subject areas of study have included business, torts, and civil justice. His articles have been published or accepted for publication in the New York University Law Review, Michigan Law Review, Northwestern University Law Review, Notre Dame Law Review, Emory Law Journal, William & Mary Law Review, University of Colorado Law Review, George Mason Law Review, Florida Law Review, Arizona State Law Journal, Maryland Law Review, South Carolina Law Review, Journal of Corporation Law, Journal of Business & Technology Law, International Journal of Evidence & Proof, Virginia Environmental Law Journal, and St. John's Law Review.

Professor Rhee is also the author of several books: Essential Concepts of Business for Lawyers (forthcoming 2012, Aspen Publishing); Limited Liability Entities: LLCs and Partnerships (forthcoming in a series of 10 volumes starting in 2012, Aspen Publishing); Corporate Finance (forthcoming 2014, casebook with Aspen Publishing). He has authored several book chapters, including a substantial chapter on federal terrorism reinsurance in Appleman on Insurance 2d. His work is frequently cited in traditional law reviews and academic books. His articles have also been cited by the U.S. President's Working Group on Financial Markets (a joint report of Treasury, Federal Reserve, SEC, and CFTC), a GAO report to Congress, a House congressional bill, RAND Corporation, the Restatement (Third) of Torts, several law school casebooks, and appellate judicial opinions, including opinions of the Connecticut and New York appellate courts, and the Indiana and Tennessee supreme courts. He has taught law in the Netherlands and Korea, and business ethics at the University of Maryland Robert H. Smith School of Business. He was born in Seoul, Korea, and immigrated to the United States.

Product Information
Edition
Fourth Edition
Publication date
2026-02-02
Copyright Year
2026
Pages
540
Connected eBook + Paperback
9798889062578
Connected eBook (Digital Only)
9798889062592
LLPOD
9798894109855
Subject
Business Organizations
Select Format Show Hide
Select Format Hide
Are you an educator?