Willis's Finance for Lawyers

Imprint
West Academic Publishing
ISBN-13
9781684675685
Primary Subject
Accounting
Format
Softbound
Copyright
2021
Series
American Casebook Series
Publication Date
12/30/2020
Included with
your purchase
FREE 14-day digital access to this book immediately after purchase

Description

Finance for Lawyers covers financial calculations which lawyers commonly use: present and future values, annuities, and sinking funds. The book, extensive glossary, calculators and available slides are designed for students new to finance, though more experienced students will also find them useful. They relate calculations to many legal areas with practical problems involving torts, family law, loan amortization, retirement planning and much more. The book and materials also have in-depth coverage of the APR, usury laws, choosing the appropriate interest/discount rate, and the use of life-expectancy tables.

The pedagogical approach is problem-oriented, with many practical, real-life exercises illustrating things such as:
  • Computing the present value of lost wages in a wrongful death case.
  • Valuing lottery winnings or a structured settlement.
  • Amortizing a student loan or home loan.
  • Saving for retirement or for a child’s education.
  • Computing the lump-sum alimony amount equivalent to periodic payments.

Each Lesson (Chapter) has detailed examples/problems (with answers) plus additional interactive practice problems (with available answers) and assignment questions and self-grading quizzes (with answers available to faculty).