Professors do not always endow their own schools with funds - they don't always have the capacity.  There are exceptions, though, and today comes news that the eminent emeritus corporate law professor William Carney and his wife have donated a substantial sum to Emory's transactional law program:

The gift is one of the largest named gifts from a professor ever given to Emory University.

"It's a difficult legal market and students are graduating with significant debt," Carney says. "Graduates need practical knowledge, and the center gives young transactional lawyers a realistic understanding of what they need to do on day one."
Carney, the Charles Howard Candler Professor of Law Emeritus, led the committee that developed the center and hired its first director. It has grown dramatically since its founding in 2007. More than 200 second- and third-year students are currently enrolled in its certificate program, now under the leadership of Executive Director and Professor Sue Payne.

It's a nice - and loyal - story.  Huzzah for the Carneys, and congratulations to Emory!

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