Nov 23, 2024  
2024-2025 Catalog 
    
2024-2025 Catalog

Transactional Law Specialist (TRACC)

Location(s): Online


Award: Career Certificate
Pathway to Associate Degree: Legal Studies - Paralegal (LSPAR)
Academic Focus Area: Community and Human Services
 

This career certificate prepares students for careers in law specific to business or transactional law matters. Students pursuing the MCC Transactional Law Specialist Career Certificate learn about the roles and functions of transactional law professionals who provide support to attorneys to resolve disputes out of court. Job functions include researching, drafting contracts and real estate closing documents; working on matters involving deal negotiation between parties (i.e., mergers and acquisitions of companies, financing agreements, and sales of company divisions); assisting with matters of corporate governance; helping with corporate-oriented work (i.e., securities filings, UCC matters, due diligence review, etc.); and otherwise assisting with matters that bring people and businesses together.

 

Graduation Requirement
To earn this degree, a student must complete all required courses.
Total credit hours required: 27.0
 

Links to Additional Resources



 

Program Level Student Learning Outcomes


  1. Examine the transactional specialist’s role in assisting attorneys with preparing contracts from a variety of specialized practice areas, draft simple contracts, review contractual provisions in selected specialized practice areas, and understand the impact of different contract laws and doctrines such as the statute of frauds and the Uniform Commercial Code.
  2. Complete 5 of the following:
    • Explore the functions of the real estate process, gain an awareness and understanding of the legal issues arising from real estate transactions, and review the transactional specialist’s role in this area.
    • Analyze the laws, regulations, agencies, and issues involved in employment practices, discrimination claims, labor unions and child labor, employee benefits, occupational safety and health issues, equal opportunity claims, and affirmative action matters.
    • Understand the role of a transactional specialist in the administration of bankruptcy, credit, and collections law and procedure at a law office representing individuals and businesses as a debtor or creditor under federal law.
    • Analyze the transactional professional’s role in assisting attorneys in matters involving insurance contracts, risk, damages, and claims at law offices and insurance firms.
    • Explore the functions of the transactional law process by comparing laws among various business organizations, and draft corporate documents related to business entity creation, existence, and dissolution. 
    • Examine the transactional law specialist’s role in drafting estate planning documents and related legal documents for estate administration and the probate process.