
ALSB History
“The [business law] training there obtained by the business student ought to be reflected by the asset side of the balance sheet of the business with which in later years he will be associated. The ultimate gain in such study ought to enable the future business man to avoid a good deal of unnecessary litigation. It ought also to equip him with the means of making an intelligent selection of legal devices as his business problems arise….”
–1924, Professor William E. Britton, Indiana University
Much has changed since the founding of the association in 1924, most notably the expansion of its membership to include all of society, beyond a presumptively male professorate. We celebrate our evolved inclusiveness and seek continued improvement in the discipline. We also note that the 1924 description of business law knowledge as a tangible asset has enduring relevance. As the ALSB Core Values state, “Law and ethical behavior are foundational to civilized society. Legal studies, an inclusive term that encompasses the diverse ways that law and ethics shape the global environment of business, is an integral part of business education and informs effective and responsible business decisions and managerial behavior.” While it is impossible to condense 100 years of history without omitting some important events, the following Historical Highlights illustrate how far we have come as an academic organization, and necessarily inform our trajectory as we begin our second century. A detailed history of the ALSB can be found on our primary website, “About the ALSB.”
ALSB Historical Timeline
“That the instructors in Law in Collegiate Schools of Business form and they hereby do form an association to be known as Association of Instructors of Law in Collegiate Schools of Business with the general object of advancing the study and teaching of Business Law and promoting good fellowship among teachers engaged in teaching Business Law.”
focus on the “legal framework of business” rather than “business law.”
communities of interest.
In the Charles M. Hewitt Master Teacher Competition, the ALSB highlights the best classroom teaching, particularly the incorporation of new or evolving course subject matter, cultural contexts, pedagogy, and technology. The goal is deeper engagement of students in the learning process and of faculty in their guild.
The Academy of Legal Studies in Business advances legal studies in business education and is the professional home for legal studies researchers and educators, fostering collegial relationships and productive collaboration with researchers, educators, and organizations throughout the world. The Academy promotes knowledge of law, ethical behaviors, and an appreciation for justice, in research and teaching, so that students better understand the world in which businesses operate and so that business leaders may better understand their relationship with society and the impact of their decisions.
