This new approach to legal education will help to improve the students' ability to adopt pragmatic solutions to complex legal problems of international trade and their understanding for the commercial background and interests involved in such cases. This practical orientation of legal education also enables the students to cope with the increased competitive pressure within the legal profession caused by the liberalization of legal services within the European Union. Creating an optimal synergy between legal theory and real life scenarios provides students with the ability to bet-ter adapt to the evergrowing new developments of international business law and practice. The practical orientation of legal education has to be accompanied by an increased know-how transfer between legal practice and science. It is of utmost importance that this transfer takes place in both directions.
Legal theory has to reflect the reality of everyday business life.
Therefore, it is depending upon initiatives and new ideas from legal practice. After filtering these realities through methodical processes, the university has to return the results of its research to legal practice in an easily workable fashion. This can be done, e.g. through practice oriented publications, the setting up of databases on international commercial business law, the organisation of continuing legal education courses on international contract practice and through the publication of a regular newsletter on international business law. Finally, the law school has to assume the function of a genuine Career Center.