New York Law School unveiled the Innovation Center for Law and Technology, which will serve as a forum for law students, legal practitioners, entrepreneurs and tech users to learn about, shape, lead, and benefit from the innovation economy.
It hopes to be a focal point for New York City to study and work on complex issues and opportunities presented by the growing innovation economy. Focus areas include intellectual property, privacy, cybersecurity, fashion law, sports law, and entrepreneurship.
Professor Ari Ezra Waldman will serve as the Director of the Innovation Center and lead several of its signature programs.
“The growth of existing technology, media, and applied sciences companies in New York and the influx of new ones provide a historic opportunity for NYLS to take a leadership role in helping New York City remain globally competitive,” said Anthony W. Crowell, Dean and President. “The tech industry needs a rich and reliable talent pool of lawyers, entrepreneurs, and legal innovators who are well-trained in the legal, technical, and business aspects of the high-growth industries of the future, from cloud computing to online social networking, from “big data” to biopharmaceuticals. The Innovation Center for Law and Technology @NYLS will have a unique vantage point from which to leverage the law to spur innovation and growth.”
The Center will absorb and transform the Law School’s Institute for Information Law and Policy and add several new projects and initiatives including these focused institutes of excellence:
The Intellectual Property Institute (IPI) will train future lawyers to protect intangible assets in a range of fields, from entertainment law to patents. The Online Privacy Project will make NYLS a locus of study on some of the hottest law and technology issues of the day.
The Community Entrepreneurship Institute will establish NYLS as a center of dynamic new legal education and as a partner of business and innovation.
The Fashion Law Initiative brings together a team of Innovation Center faculty members with a combined total of more than 50 years of fashion law experience. The Institute will educate the next generation of lawyers in the growth field of fashion law.
In partnership with NYLS’s Office of Diversity and Inclusion, the Innovation Center is launching a new initiative called Diversity 4.0, or D4, whose mission is to ensure access to technology and fair representation in law and technology fields for traditionally marginalized groups.
In addition to these offerings, the platforms for the Law School’s Sports Law and Media and Entertainment Law programs will continue to be built, and will expand upon successful signature annual events such as the renowned Sports Law Symposium.
The Innovation Center is powered by $1 million in alumni donations including a generous lead gift of $750,000 from NYLS Board Chairman Arthur N. Abbey, a visionary leader who understands the symbiotic relationship between law and technology.
“The Innovation Center programs will be unique among law schools in how we educate our students, and how NYLS will leverage and enhance the growth of tech and other cutting-edge entrepreneurial activities citywide, including on Roosevelt Island, in Brooklyn, and in other boom areas,” said Mr. Abbey.
NYLS expects to expand the Center’s programs and impact with additional funding from alumni and friends of the Law School.