Lowell Milken Institute’s new faculty director Professor James Park paused for a brief interview to talk about his vision for the business law program, share valuable insights from his latest research, and give a word of advice to students.
We are excited about Professor Park’s appointment, and look forward to working together here at the Lowell Milken Institute to continue developing and bringing the best in class programs to law students.
What is your vision as the new faculty director?
Professor Park: “I hope to build on the excellent work of the prior faculty and executive directors. They’ve created an institute that serves the UCLA Law School community in many ways. First, it offers programming and support for students interested in learning more about business law. In particular, we’d like to help our students get good jobs as business lawyers. Second, it supports our leading business law faculty in their teaching and scholarship. Third, it seeks to build community among our many alums who are working as business lawyers, especially those in Los Angeles. Finally, it seeks to engage the business law community through our programming and policy papers.”
In light of your research work on LA law firms, would you be able to share any interesting findings? What other research projects are you currently working on?
Professor Park: “The Los Angeles market has been slowly recovering from the financial crisis of 2008 to 2009. We have about as many lawyers working at National Law Journal 500 firms in 2017 as we did in 2007. At the same time, the structure of the industry has been changing. Some of the more established firms are getting smaller while out-of-state firms have been opening new offices, some of which have been very successful. I am also working on a book on the history of securities fraud in public companies.”
Would you please briefly describe what Lowell Milken Institute programs the students should be looking forward to this year?
Professor Park: “I’m especially excited about a conference on Silicon Beach and the Law we are organizing for this coming March. It will bring together leading experts to discuss topics such as the Snap IPO. The entrepreneurship competition that has been developed by our executive director, Joel Feuer, will also be a great event. Finally, we have some really interesting speakers coming for our Business Law Breakfast series. For example, we’re working with Professor Sung Hui Kim to plan a program on the Wells Fargo scandal.”
What is the single biggest recommendation or advice you have for students this year?
Professor Park: “Take advantage of the many resources and programs around the law school. It gets harder to find time to attend events when you’re out in the working world.”
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