The Jack G. Clarke Institute for the Study and Practice of Business Law was established in 2007 by the $5M founding gift of Jack G. Clarke LL.B. '52 and his wife, Dorothea S. Clarke, in response to consistently strong interest among CLS students for a comprehensive curriculum and timely programming devoted to current matters of business law. Still in the early stages of its development, the Clarke BLI has already provided a locus for law faculty with particular expertise in such areas as securities regulation, financial institutions, international economic law, intellectual property, transactional lawyering, business organizations, and ethics and corporate culture. With an Executive Director in place and one of a prospective three named professorships endowed, the Clarke BLI has begun to fulfill its mission of hiring new faculty and expanding course offerings in business law subjects, as well as presenting panel discussions and seminars that address contemporary issues such as financial-industry regulation, complex deal structuring, capital markets transactions, cross-border trading, and real estate transactions. A range of philanthropic opportunities within the Clarke BLI still exist, including a named professorship.