Raymond Minella is the Executive Director of The Clarke Business Law Institute. A 1974 graduate of Cornell Law School, he is currently teaching the Negotiating Skills Course and a directed reading course as an Adjunct Professor. Prior to joining Cornell Law School, Mr. Minella was a Vice Chairman of Jefferies & Co., where at various times; he headed the Financial Sponsors, Telecommunications, and Health Care Groups. Before joining Jefferies, Mr. Minella was Chairman of Berenson Minella & Company. He co-founded that firm as Co-Managing General Partner in 1990, headed the firm's financing and restructuring business, and was named Chairman in 1998. He began his career with Merrill Lynch in 1976, where he founded and headed the High Yield and Strategic Finance Group in 1985 and co-headed the Merchant Banking Group beginning in 1988. Mr. Minella participated in virtually every leveraged transaction in which Merrill Lynch was involved from 1985 to 1990, leading that firm to become the number two underwriter in high yield securities with more than $20 billion in lead-managed financings during the 1980s. With total transaction values exceeding $100 billion, he has worked on some of the largest and most complicated transactions, including those for RJR Nabisco, Viacom, Time Warner, Borg Warner, GAF, and the IPO Liz Claiborne.