Law and Business as a School of Thought
Pedagogy to Teach the Theory and Practice of the School

Aaron Pennington
D. Tevis Noelting
James Holloway
Vanessa Johnson
Vol. 18
July 2018
Page

A managerial analysis with law is a school of thought of law and business that includes a theory and practice, but needs a pedagogy to teach the theory and practice in business education. The theory and practice are based on managers and lawyers sharing, integrating and using legal and business knowledge,
analytics and decision-making methodologies to make lawful decisions and examine unlawful decisions and decision-making. Specifically, the theory creates managerial evaluation and legal-managerial analytics to add predictability and continuity to the legality and utility of business situations at the beginning stage of, and in other stages of, the process of business decision-making. The practice uses managerial evaluation and legal-managerial analytics to determine the legality and utility of business situations and business information, findings and conclusions, respectively, to make lawful decisions and examine unlawful decisions and decision-making. The pedagogy teaches graduate and undergraduate business students the theory and practical use of managerial evaluation and legal-managerial analytics in the first step and other steps, respectively, of the process of business decision-making. From this evaluation and legal-managerial analytics, students are taught to make analytical outcomes and use analytical tools to determine the legality and utility of the business situation in the beginning stage, and of the business information, findings and conclusions in other stages to complete the process of business decision-making.

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