Want your name on a law school? Looks like all you need are big stacks of cash.
In the past month alone, the University of Pennsylvania’s law school received a record-breaking $125 million from the W.P. Carey Foundation to become the University of Pennsylvania Carey Law School, or “Carey Law;” Pepperdine University got $50 million from real estate developer Richard Caruso and is now home to the Pepperdine University Rick J. Caruso School of Law; and the University of Kentucky plans to rebrand its law school as the University of Kentucky J. David Rosenberg College of Law in honor of the new namesake’s $20 million gift.
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