Norman M. Powell Selected as Executive Director of the Institute for Law and Economics, University of Pennsylvania Carey Law School

April 18, 2023Press Release


WILMINGTON, DE - Young Conaway is pleased to announce that Partner Norman M. Powell has been selected as Executive Director of the Institute for Law and Economics, University of Pennsylvania Carey Law School. Mr. Powell will begin his tenure effective July 1, 2023. He succeeds Larry Hamermesh, the current Executive Director, and Professor Emeritus of Widener University Delaware Law School.

Founded in 1980, the Institute for Law and Economics (“ILE”) is a joint initiative by the University of Pennsylvania Carey Law School, the Wharton School, and the Department of Economics. ILE conferences, roundtables, and workshops bring together academics, lawyers, judges, business leaders, and policymakers for in-depth discussions about corporate law, governance, business and finance. The research and work of the ILE is funded by a diverse group of corporations, law firms, foundations and individuals.

Mr. Powell brings a wealth of experience in business entity law and commercial transactions to further enhance ILE’s programmatic offerings. He has served in many leadership roles in the Business Law Section of the American Bar Association. Mr. Powell currently serves as Secretary of the Section and is slated to serve as Chair of the Section in 2025-2026. He was recently President of the American College of Commercial Finance Lawyers and is a member of the TriBar Opinion Committee. Mr. Powell is an elected member of the American Law Institute, and one of its appointees to the Permanent Editorial Board for the Uniform Commercial Code. He has published numerous articles on Delaware business entity legislation, secured transaction practice, and transactional legal opinions. 


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