Columbia Law School and Columbia Business School are joining forces to launch an academic research center that will focus on the intersection of business and law. The Richard Paul Richman Center for Business, Law and Public Policy is being established with a $10 million gift from the Richard Paul and Ellen S. Richman Private Family Foundation. Richard Richman, an alumnus of both the law school and business school, is the chairman of The Richmond Group, which owns and develops rental housing.
The gift will endow one professorship each at the law and business schools, and allow scholars from both disciplines to generate research and real-world solutions to problems in business and law, administrators said. The center also seeks to encourage students to pursue careers “in the nexus of business, law, and public policy.”
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