Posted October 23, 2018, 2:25 pm CDT
Wednesday, October 24, 2018
Stanford Law gets $25 million for global program, which will include student travel
Law Schools
William A. Franke, an attorney and founding chairman of an aircraft finance group, has made a $25 million gift to Stanford Law School to fund its global law program, the university announced Monday.
The donation constitutes “the largest gift from an alum in the law school’s history,” the university said in a news release. Law.com also reported on the donation.
Now called the W.A. Franke Global Law Program, its first global quarter, starting in 2020, will focus on business in China, Singapore and Asia, according to the news release. Six weeks of classes will be on campus, and for three or four weeks faculty will take students overseas to meet with lawyers, academics, politicians, students and business leaders.
“No other law school offers the kind of intense immersion overseas that this program will provide our students,” said Robert Daines, professor of law and business and associate dean for global programs, in the release. “With the global quarter, a global foundational course, intensive overseas study trips and greater integration of transnational law into existing core courses, Stanford Law is shaping the future of legal education by ensuring that every student has the opportunity to cultivate a global perspective.”
Franke, who got his undergraduate and law degrees from Stanford, was the founding chairman of Airplanes Group Ltd., a $5 billion aircraft finance business. He also founded Indigo Partners, a private equity firm, and through that was chairman of Singapore’s Tiger Airlines, Hungary’s Wizz Air, Chile’s JetSMART Airlines, and Spirit Airlines in the United States. Also, from 1993 to 2001, Franke was the CEO of America West Airlines (now integrated into American Airlines).
In addition to the $25 million donation, the law school has an endowed chair named in Franke’s honor, held by Joseph Grundfest, and Franke has also been a member of the dean’s advisory council.
“I’m excited by the law school’s vision to make Stanford Law a true incubator for the next generation of global leaders,” Franke said in the news release. “My hope is that this gift will add a layer of global preparedness to the education offered at Stanford and will help continue the tradition of sending SLS graduates into the world able to tackle pressing issues and add value in the global arena.”
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