NEW YORK, June 19, 2007 – The American Law Institute (“ALI”) designated attorney Carolyn C. Clark a Life Member of the ALI at its annual meeting held May 14 – 16, 2007, the international law firm Milbank, Tweed, Hadley & McCloy LLP announced today. Ms. Clark is one of 82 lawyers named Life Members in recognition of their twenty-five years of service as a member of the ALI. Ms. Clark is currently working on several ALI projects, including serving on the Members Consultative Group for the Principles of the Law of Nonprofit organizations, ALI’s initial attempt to identify the laws applicable to nonprofit organizations.
A consulting partner in Milbank’s Trusts & Estates Department, Ms. Clark has specialized for more than thirty-five years in advising philanthropists and international charitable organizations, estate planning and the administration of trusts and estates.
Ms. Clark lectures at the Columbia University School of Law and in the Masters Program in Arts Administration at Columbia University – Teachers College. She was recently elected an Academian of the International Academy of Trust and Estate Lawyers, and serves as a member of the Harvard Law School Fund Advisory Council and a Trustee of both the Milbank Memorial Fund and The Woodlawn Cemetery and on the Government Relations Committee of the Nonprofit Coordinating Committee. In addition, Ms. Clark was formerly involved in numerous other legal and philanthropic organizations including serving as the first woman president of the Harvard Law School Association; a fellow and Regent of the American College of Trust and Estate Council; a trustee of the ACTEC Foundation; chair of the Committee on Special Problems of Charitable Institutions, Section of Real Property, Probate and Trust Law, American Bar Association; and a member of the Subcommittee on Museums and Cultural Organizations, Tax Section, American Bar Association.
Founded in 1923, the American Law Institute (“ALI”) has a membership consisting of judges, practicing lawyers and legal scholars from all areas of the United States as well as some foreign countries, selected on the basis of professional achievement and demonstrated interest in the improvement of the law. ALI, through a careful and deliberative process, drafts and then publishes various Restatements of the Law, model codes and legal studies to promote the clarification and simplification of the law and its better adaptation to social needs, to secure the better administration of justice and to encourage and carry on scholarly and scientific legal work.
Milbank, Tweed, Hadley & McCloy LLP is a preeminent global law firm that for more than 140 years has provided innovative legal solutions in many of the world’s largest, most complex, “first-ever” corporate transactions and litigation. Our transactional expertise includes capital markets, corporate finance and transactions, project finance, acquisition finance, and other major fields of law practice. Milbank litigation teams resolve disputes involving mergers and acquisitions, proxy battles, financings and securities offerings, intellectual property, white collar crime, and corporate restructurings, among others. Our clients range from prominent multinational financial, industrial and commercial enterprises to governments, institutions and individuals. The Firm is headquartered in New York with offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, Singapore, Tokyo, and Washington, DC.
Carolyn C. Clark