We write to invite you to attend an information session on the Lederman Fellowship in Law, Economics, and Business on Wednesday, April 1, 2015, from 6:10-7:00 pm in Vanderbilt Hall, Faculty Library (Third Floor). The Lederman Fellowship aims to foster student research in law & economics and to create an environment that fosters collaboration among students and faculty interested in law & economics. Professors Ryan Bubb and Florencia Marotta-Wurgler, Directors of the Lederman Fellowship Program, will present the fellowship program, provide information about the application process and answer questions. We expect Mr. Lederman to be in attendance as well. Interested students should plan to apply for the fellowship in the fall of their 2L year.
Summary of program. Lederman Fellows will take a series of courses that provide a foundation in the concepts and methodologies of law & economics. The centerpiece of the fellowship program is a research paper in law & economics that each fellow will develop, advised by a NYU faculty member. Fellows will participate in a series of workshops and colloquium meetings in which they present their work to the faculty directors and other fellows. Further details on the program are provided below.
Area of study. The field of “law & economics” is defined broadly for the purposes of the Lederman Fellowship. A student research project can fit within the program by applying economic methodology (e.g., economic analysis, positive political theory, or empirical analysis) to a research topic in law or by examining a topic in an area of law that implicates economic issues, like corporate law or antitrust.
Program directors. Professors Florencia Marotta-Wurgler and Ryan Bubb co-direct the fellowship program.
Eligibility. All second-year J.D. students enrolled at NYU School of Law, as well as J.S.D. students prior to their final year at NYU, are eligible to apply. Those selected will hold the status of Lederman Fellow in Law & Economics for their remaining time at NYU. Applications are due in the fall of the 2L year for J.D. students, or the fall of any year prior to their final year for J.S.D. students. See the fellowship website for the application form and the exact application deadline.
Basis for selection. Fellows will be selected based on their demonstrated interest in law & economics and general aptitude for producing a high-quality research paper, as indicated by their research proposal, statement of interest, and transcripts. No prior background in economics is required, only sincere interest in law & economics, broadly defined.
Faculty advisor. To apply for the fellowship, students must have an NYU faculty member agree to advise their proposed law & economics research project for the fellowship.
Amount of award. Fellows will be awarded $5,000 upon completion of all requirements of the program in their 3L year / the second year of the fellowship program.
Program requirements. All fellows are required to complete the following program requirements.
- 2L year (first year of the fellowship program for J.S.D. students)
Spring
- 2L fellows enroll in the Colloquium on Law and Economics.
- Milestone #1: 2L fellows present their paper proposal to the 2L and 3L fellows and faculty directors in February.
- 3L year (second year of the fellowship program for J.S.D. students)
Fall
- 3L fellows enroll in an approved law & economics lecture course, such as Lewis Kornhauser’s “Economic Analysis of Law.”
- Milestone #2: 3L fellows submit a literature review to their faculty advisor and program directors for feedback.
- Milestone #3: 3L fellows submit an outline of the paper to their faculty advisor and program directors for feedback.
Spring
- Milestone #4: 3L fellows present their work at the Law and Economics Colloquium (1 hour per student). All 3L fellows will attend the colloquium meetings in which fellows present and submit written comments to presenters.
- 3L fellows attend the workshop in which 2L fellows present their paper proposals.
- Milestone #5: 3L fellows submit their final paper to the program directors.
- Milestone #6: 3L fellows present their work in a final fellowship meeting attended by Lawrence Lederman.