The Larry E. Ribstein Memorial Fund at the University of Illinois College of Law

The Larry E. Ribstein Memorial Fund at the University of Illinois College of Law honors the memory and legacy of Professor Larry Ribstein, formerly the Mildred Van Voorhis Jones Chair, Associate Dean for Research, and Co-Director of the Illinois Business Law and Policy Program, who served on the Illinois faculty from 2002 until his untimely passing in 2011.  The Fund will support initiatives designed to advance the intellectual life of the College of Law, including a named faculty position, research support, and workshops for junior faculty members, as well as innovations designed to more effectively bridge the worlds of legal theory and legal practice, particularly in the area of business law.

Professor Ribstein was a prolific, highly cited, and internationally recognized scholar across a vast range of fields – including partnership law, corporate and securities law, choice of law, financial regulation, white-collar crime, legal ethics, and the legal profession.  He cared passionately about ideas and invested selflessly in the professional development of junior faculty members at the College of Law and at other institutions.  A respected classroom instructor and a visionary commentator on the present and future of legal education, he taught a variety of courses at the College – among them, business organizations, unincorporated business entities, market regulation, and an innovative colloquium on corporate law that brought together students and leading scholars to discuss current issues in the field.  In addition to his contributions as a legal scholar, he was also well-known and respected by practitioners, and he was seen as a force for change and innovation in the law of unincorporated business organizations.  As a member of several American Bar Association committees, he gave considerable time and effort to the revision of partnership law, and to the creation of prototype  limited liability company  and limited liability partnership acts. His articles and treatises on these subjects made him instrumental in the major changes that have occurred over the past three decades in these areas of business law.

After earning his B.A. from The Johns Hopkins University and his J.D. from the University of Chicago Law School, Ribstein practiced for three years as an associate at McDermott, Will & Emery in Chicago.  He began his teaching career at Mercer University Law School (1975-87), later serving on the faculty at George Mason University School of Law (1987-2002), including as George Mason University Foundation Professor of Law (1993-2002).  He also held visiting professorships at New York University Law School, the University of Texas School of Law, Washington University School of Law, and St. Louis University School of Law.  He served the legal-academic community in a variety of capacities, including through membership on the Executive Committee of the American Association of Law Schools (AALS) Section on Securities Regulation, as chair of the AALS Section on Agency, Partnership and LLCs, and as editor and co-editor of The Supreme Court Economic Review.

Contributions to the Fund may be made by contacting Chris Higgins, the College’s Assistant Dean for Advancement, at (217) 244-0021 or chigg@illinois.edu or by making a secure online gift.