Telestrat is a worldwide leader in continuing legal education (CLE) courses. Our Telestrat MBA Seminar Series has brought the world of finance, accounting, and business strategy to lawyers in the U.S., Europe, and Asia.

In-House Training

Valuation for Lawyers

Valuation forms the cornerstone of nearly every business transaction nowadays. Whether it involves mergers and acquisitions, leveraged buyouts, venture capital, or real estate, a solid understanding of valuation will ensure an equitable transaction. Attorneys play an active role in these transactions but all too often become entrenched in the purely legal aspects of them. This course will help attorneys to better understand the methodology and techniques behind various forms of valuation and in turn, better serve the needs of their clients.

Schedule

1. Valuation Basics - 30 Min.

  • Why is Valuation Important?
  • One of the Earliest Uses of Financial Valuation
  • Time Value of Money

2. Valuation Methods - 90 Min.

  • Replacement Value Method
  • Payback Method
  • Discounted Cash Flow Valuation (DCF)
  • Terminal Value
  • Net Present Value
  • Internal Rate of Return
  • NPV vs. IRR
  • Comparable Multiple Method
  • What a Valuation Model Should Include

3. Cost of Capital / Discount Rate - 90 Min.

  • Opportunity Cost of Capital
  • Relationship Between Risk & Expected Return
  • Measuring the Cost of Equity
  • The Dividend Growth Model
  • CAPM
  • Application for Understanding
  • WACC