Explores corporate finance, which considers sources of funding and capital structure of corporations, as well as decisions managers make to increase the value of a firm. Introduces tools and methods used to evaluate projects and to allocate limited financial resources, as well as considerations regarding capital structure. Covers valuation concepts including present and future value computations, discount rates, net present value, the efficient capital markets hypothesis, relationship between risk and return, capital asset pricing model, as well as issues of leverage and capital structure. Examines the characteristics of financial instruments used by firms to raise capital including common stock, preferred stock, and debt instruments. Offers lawyers an opportunity to obtain an ability to understand how business clients make decisions.