Law School Launches New Center Focused on Global Markets

Winter 2012

The Ira M. Millstein Center for Global Markets and Corporate Ownership will work to address practical issues in global finance.

This past summer, Columbia Law School established the Ira M. Millstein Center for Global Markets and Corporate Ownership, providing a new base for research on some of the most pressing issues impacting global financial markets.

The new center is named for Ira M. Millstein ’49, who serves as a senior partner at Weil, Gotshal & Manges in Manhattan and as a lecturer-in-law at the Law School. Millstein is also director of the Program on Global, Economic and Regulatory Interdependence, which the Law School administers jointly with Columbia Business School.

The center will be co-directed by Jeffrey N. Gordon, who serves as the Law School’s Richard Paul Richman Professor of Law, and Professor Robert J.
Jackson Jr.

The newly formed Center for Global Markets and Corporate Ownership has already begun work on two chief projects. “Interdependence in the Global Economy” is a study focused on promoting progress in both the global economy and society. Meanwhile, “The Project on Investment, Ownership, and Control in the Modern Firm” will focus on new institutions emerging as leaders in the world’s changing financial markets. The project will result in the first comprehensive examination of the character, motives, and influence of these institutions. The center will also delve into research on the public’s trust in financial markets and focus on relationships between investors and corporations.