Stanford Law Receives Historic Donation For Global Program
Stanford Law has just received its biggest alumni gift ever.
Law.com reports that William Franke, an airline executive and Stanford Law alum, donated $25 million to fund a global program where students will spend a quarter studying cross-border law in Asian markets before a two- to three-week faculty-led trip. The donation is the single largest gift the law school has ever received from an alum.
“No other law school offers this kind of intense immersion overseas that this program will provide our students,” Robert Daines, associate dean for global programs, says in an announcement. “With the global quarter, a global foundational course, intensive overseas study trips and greater integration of transnational law into existing core courses, Stanford Law is shaping the future of legal education by ensuring that every student has the opportunity to cultivate a global perspective.”
Training Students For A Global Environment
Modern day lawyers are increasingly dealing with legal issues across country borders. With issues such as the trade war between the United States and
China, lawyers are playing a bigger role than ever before.
“At Stanford Law, we’re training a generation of lawyers who can lead and solve problems in an increasingly interconnected world,” Daines says. “Bill’s gift will enable us to expand our offerings, including a new innovative global quarter where our students can spend an entire quarter focused on global business law.”
Stanford Law will debut its first global quarter in 2020 with a focus on business in China and Singapore, according to a Stanford press release. In preparation for their trip abroad, students will spend six weeks studying international business transactions. The program concludes with a three-to-four week trip abroad, where students meet and work with international lawyers, academics, politicians, students and business leaders.
Franke says he hopes his donation will help train students for a global environment.
“I’m excited by the law school’s vision to make Stanford Law a true incubator for the next generation of global leaders,” Franke says. “My hope is that this gift will add a layer of global preparedness to the education offered at Stanford and will help continue the tradition of sending SLS graduates into the world able to tackle pressing issues and add value in the global arena.”
Sources: Law.com, Stanford University