Lev Menand

Academic Fellow and Lecturer in Law

Lev Menand

Academic Fellow and Lecturer in Law

Lev Menand is an Academic Fellow, Lecturer in Law, and Postdoctoral Research Scholar at Columbia Law School. His research focuses on banking law and financial regulation, central banking, law and macroeconomics, corporate law, and corporate governance.

Lev has previously served as senior advisor to the Deputy Secretary of the Treasury and senior advisor to the Assistant Secretary of the Treasury for Financial Institutions, where he worked on financial regulatory reform, financial sector cybersecurity, Treasury market infrastructure, financial inclusion, and investment security (CFIUS). He has also worked as an economist at the Federal Reserve Bank of New York in the Bank’s Supervision Group, where he was part of the Bank’s Governance and Culture Reform initiative, and in its Research and Statistics Group, where he helped to develop econometric models for the Federal Reserve System’s first Comprehensive Capital Assessment and Review. During his time at the New York Fed, Lev was seconded to the Financial Stability Oversight Council, where he helped to prepare the Council’s first financial stability report.

Lev has a B.A. from Harvard College and a J.D. from Yale Law School. He clerked for Judge Jed S. Rakoff on the Southern District of New York and Chief Judge Robert A. Katzmann on the U.S. Court of Appeals for the Second Circuit.

Areas of Expertise

Financial Institutions, Central Banking, Corporate Law, Administrative Law, Law and Macroeconomics


Yale Law School, J.D., 2014
Harvard College, A.B., 2009


— Central Banking for All, in Inside Money: Re-Theorizing Liquidity, Christine Desan, ed. (with Morgan Ricks and John Crawford) (forthcoming 2020)
— Too Big To Supervise: The Rise of Financial Conglomerates and the Decline of Discretionary Oversight in Banking, 103 Cornell L. Rev. 1527 (2018)
— Misconduct Risk, Culture, and SupervisionFederal Reserve Bank of New York (2017) (with Stephanie Chaly, James Hennessy, Kevin Stiroh, and Joe Tracy)
— Stilling the Pendulum: Regulatory, Supervisory, and Structural Approaches, 70 Vand. L. Rev. En Banc 273 (2017)
— Microinsurance: A Case Study of the Indian Rainfall Index Insurance Market, in Oxford Handbook of the Indian Economy (2012) (with James Vickery, Xavier Gine, and Robert Townsend)

LL.M. Legal Research and Writing