Renaming for major donors is standard operating procedure among business schools, but law schools have caught on that there is big money in naming rights—a trend experts say will gain momentum in the coming years.

Nearly a quarter of all American Bar Association-accredited law schools are named after someone. Among them, 9% are named for people who cut big checks. Eight law campuses are named for former U.S. Supreme Court justices, while another eight bear the monikers of their founders, former deans, or key university officials.

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