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The Academy of Legal Studies in Business [1] is an American-based professional association for teachers and scholars in the fields of business, law, legal environment, and law-related courses outside of professional law schools. It was founded in 1924,[2] and now has an international membership. The nearly 1,000 members teach primarily in schools of business in colleges and universities, at both the undergraduate and graduate levels. Members come from all fifty states, Canada, Australia, New Zealand, Ireland, England, and a number of other nations.
The Academy provides a forum for the exchange of ideas, and encourages support and cooperation among those who teach and conduct research in the field of legal studies. The Academy publishes two top-tier journals: the American Business Law Journal (ABLJ) and the Journal of Legal Studies Education (JLSE).[3] For new faculty members in business law fields, the organization offers a Mentorship Program that pairs new ALSB members with experienced teachers and researchers.[4]
The ALSB hosts an annual conference for members to share their scholarly works and teaching innovations. Upcoming conference locations include San Diego (2023) and Washington, DC (2024).
In addition to international events, the organization has twelve related regional organizations which host annual meetings.[5] Several of the regional organizations also sponsor academic journals.[6]
Also in 1991, the membership, now with over 1,000 dues-paying members, voted overwhelming at the annual meeting in August in Portland, Maine to adopt the name ACADEMY OF LEGAL STUDIES IN BUSINESS. Filed with the state of Illinois, the official corporate name became the "AMERICAN BUSINESS LAW ASSOCIATION, INC. D/B/A/ ACADEMY OF LEGAL STUDIES IN BUSINESS," ALSB for short.
The origins of the ACADEMY OF LEGAL STUDIES IN BUSINESS began with the 1924 American Association of Law Schools annual meeting in December, 1924 at the LaSalle Hotel in Chicago. At that meeting, a new group was formed called the ASSOCIATION OF INSTRUCTORS OF LAW IN COLLEGIATE SCHOOLS OF BUSINESS.