Business Law Certificate

The goal of the Certificate in Business Law is to enable students who are interested in a career involving business-related practice areas to follow a specialized course of study, to work closely with other students interested in the area, and to receive guidance from faculty members with an interest and expertise in business law. A student who receives the Certificate in Business Law demonstrates knowledge of fundamental principles of business-related legal issues and competence in the skills essential to a business-related practice.

For more information about the Certificate in Business Law, please contact Prof. Peter Letsou at pvletsou@memphis.edu.


A student must successfully complete business-related study by taking courses from the lists below.

Required Courses: All the following courses.

  • Business Organizations I (3 hours)
  • Corporate Tax (3 hours)*
  • Commercial Law Survey (4 hours) or both Secured Transactions (3) and Sales(3)

Core Electives: At least two (2) of the following courses.

  • Administrative Law (3) *
  • Debtor-Creditor or Problems in Bankruptcy (3)
  • Mergers & Acquisitions (2)
  • Non-profit Organizations (3)
  • Partnership Tax (3)*
  • Securities Regulations (3)

* The Administrative Law class is a only a Core Elective for students who matriculated before August of 2018.  Students who matriculated in August 2018 or later may not satisfy a Core Elective requirement with Administrative Law.

Experiential Learning Component: At least one of the following courses.

  • ADR-Arbitration (2-hour simulation course)
  • ADR-Labor (2-hour simulation course)
  • ADR-Mediation (2-hour simulation course)
  • Business-related Externship (2-, 3-, or 4-hour experiential learning course)
  • Legal Drafting: Contracts (2-hour simulation course)
  • Mediation Clinic (4-hour experiential learning course)

The Director of the Business Law Program may add courses to these lists to reflect new curricular offerings and may approve substitutions in compelling circumstances.


Student must complete at least twenty-five hours of non-course work related to business law while enrolled in the Certificate program. Permissible activities include participating in the VITA program and performing pro bono work that involves Memphis Area Legal Services Consumer or Tax units and others in consultation with the Pro Bono Coordinator and the Director of the Business Law Certificate Program.

Student must also attend one meeting of students who are enrolled in the Certificate program each semester.


A student must demonstrate successful understanding of the fundamentals of business-related law by receiving grades of at least C, and achieving an overall GPA of at least 2.5 in the building block courses of Legal Methods I and II, Contracts, and Professional Responsibility. Students must receive a GPA of at least 3.0 in courses taken to satisfy the Certificate in Business Law.

A student will receive the Certificate in Business Law with Honors by completing the graded courses taken to satisfy the Certificate with a GPA of 3.5 or higher and receiving a grade of Excellent in at least two-thirds of the non-graded courses taken to satisfy the Certificate requirements.


Students in good academic standing may enroll in the Certificate in Business Law program after completing one year of full-time law study (or thirty hours as a part-time student). A student may not enroll after the add deadline in the student's fourth semester of full-time study (or of the semester after a part-time student has completed forty-five hours of study).  A student enrolls by completing the Certificate Declaration Form and then submitting the completed Business Law Certificate Registration Form to the Director of the Business Law Certificate program. In completing the form, the student certifies that he or she can satisfy the grade requirements for the Certificate program and is committed to completing all of the Program's requirements. A student will be dropped from the Program if he or she fails to meet the requirements.

*Both Corporate Tax and Partnership Tax require Income Tax