Legalnomics: Finance, economics and data analysis for lawyers
 
 Monday, 16 October 2017  
 
09:00 - 09:20Registration and refreshments
09:20 - 09:30Welcome and introduction
Professor Emilios Avgouleas, International Banking Law and Finance Chair, University of Edinburgh
09:30 - 10:20An introduction to microeconomics
Sean Brocklebank, Lecturer, University of Edinburgh
  • Supply and demand
  • Competition and failure
  • Interdependence
  • Public goods
  • Consumer behaviour
10:20 - 10:40Mid-morning tea and coffee break
10:40 - 11:30The relationship between law and economics
Dr. Antara Haldar, Empirical Legal Studies, Faculty of Law, University of Cambridge
  • Incentives and deterrents
  • Legal rules and client interests
11:30 - 12:20Game theory, strategy and managing incomplete information
Charlie Woods, Senior Associate and Mediator, Core Solutions
  • Prisoner’s dilemma
  • Moral hazard
  • Predicting actions of other parties
12:20 - 13:20Lunch and networking
13:20 - 14:10Applying decision analysis to legal problems
Ian Belton, Research Associate (qualified solicitor), Department of Strategy and Organisation University of Strathclyde
  • Probability
  • Risk aversion
  • Managing complex decisions with multiple possible courses of action
14:10 - 15:00Statistics and the law
Professor Colin Aitken, University of Edinburgh
  • Introducing statistical concepts
  • Evaluating and interpreting statistical evidence
15:00 - 15:20Afternoon tea and coffee break
15:20 - 16:10An introduction to finance
Dr. Yota Deli, Lecturer in Corporate Finance & Banking, University of Glasgow
  • Time value of money
  • Valuation
  • Risk and return
  • Diversification
  • Efficient markets theory
  • Behavioural finance
16:10 - 17:00Accounting and interpreting financial statements
Jeffrey Meek, Independent Forensic and Dispute Expert
  • Double entry bookkeeping
  • Balance sheets
  • Income statements
17:00 - 17:10Closing remarks
Professor Emilios Avgouleas, International Banking Law and Finance Chair, University of Edinburgh