Shaping up of German Law and Financial Space
Contribution from Institute of Law and Finance (ILF) Thousands of institutes teaching and preaching the sounds of law have shaped up since the time of European renaissance. Many European countries rightly put their efforts in making sure their laws are maintained by the elite of the elites, paving way for the best of institutes to be founded in their lands. One such institute that shaped up in Germany and German Law, very recently though, is Institute of Law and Finance affiliated to Goethe University Frankfurt Am Main. In the brief time of 12 years in existence it stands 3rd in the elite list of Law schools in Europe (as per the rankings of LLM Guide). Impeccable indeed..!!
In this blog write up, I shall talk about this school in context of other law institutes across Europe to guide the conversation meaning fully. As an admirer of lawyers and their foundations, I happened to visit this Law school in the name of Institute of Law and Finance, also known as IFL in Frankfurt, Germany in October 2013. It awed me to the core, when I learnt that this particular school is not simply a singly owned institute but run by various prominent institutions such as Commercial banks, International Law firms; even the Frankfurt Chamber of Commerce and Industry actively participates in the operations and strategy for this Law institute. Until today, since inception of the institute in 2002, majors such as Deutsche, European Central Banks and 30-40 others have actively involved in every planning stages of the institute. No wonder, with the best people hovering around this institute, this institute has demanded laurels and from across the world.
As a guest in this institute, I also happened to read and gather more about it. It just blew me away noticing their passion in legal education. ILF perpetually has made its motive clear i.e. recognize the best of young professionals in the field of finance and law and transform them as business ready leaders in Corporate law space. These young and dynamic folks are offered unique postgraduate program leading to a Master of Laws in Finance (LL.M. Finance) to tackle with the financial and legal confrontation that Europe has been facing since the time of European Union. Additionally, ILF has also driven itself as the center of excellence and competence in research and policy making in the spectrum of international finance and law.
I also happened to meet ILF students in the campus and was surprised to see the diversity when it came to nationalities. One could easily find interesting cultures and background under one umbrella of ILF. If there were another life, and if I were to be born as a human, I would surely want to be in this beautiful campus as a student with similar amazing colleagues that I have just met. Interests in quality legal and finance education from the corporate and former ministers, this institute is very much in the capable hands, for the best interest of Germany, Europe and the rest of the world; oops..!!! for the best interests of German Law too. With student exchange program with Columbia Law School and Amsterdam Business School, I don’t mind being reborn either in US or Netherlands or Germany. On a comical note, I have many options with respect to nations, but reincarnation as a human is the only challenge.