Greenberg Traurig partners have pledged $1.25 million to endow an unusual new University of Miami professorship to teach law students about the business of law.

The money will be donated by about 250 Greenberg partners over four years. It will fund an endowed chair in a subject that is little taught at most law schools. The chair will be named the Larry J. Hoffman Greenberg Traurig Distinguished Professorship in the Business of Law, after Greenberg board Chairman Larry J. Hoffman.

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