2023 Fiscal Year Summary 4

 

Stanford Law School

2023 Fiscal Year Summary

9.1.2022–8.31.2023

As we usher in 2024 and I reflect on both the challenges and the great achievements at Stanford Law School over the past year, I feel deeply grateful for alumni and friends like you. Your generosity has ensured that the school remains a leader in legal research and scholarship, while holding true to our foundational mission of providing a rigorous legal education to the most promising minds. Thank you for your trust and support, which is critical to our institution’s continued success.

Paul Brest, Interim Dean and Professor Emeritus (active)

Paul Brest

Financial Overview

The philanthropic support of alumni, friends, corporations, and foundations is essential to all that we do at Stanford Law School. From empowering students to reach new milestones in their educational and professional journeys to fueling groundbreaking faculty research that addresses global legal challenges, your generosity is a driving force behind Stanford Law School’s continued success. On behalf of everyone at SLS, thank you.

Sources of Income

2023 Sources of Income

41%
University Allocation
The law school receives tuition, fees, and other general funds from the university.

42%
Endowment
Assets invested in the Stanford University endowment are an enduring source of financial support for the law school and are paid out at a rate of approximately 5.5% annually.

11%
Gifts & Grants
Yearly funding gives SLS the ability to enhance the student experience through developing innovative curricula, recruiting and retaining the best and brightest faculty, and engaging our world-wide alumni community.

6%
Other
Revenue from executive education and conference fees supports the law school’s programs and priorities.

Total Dollars Raised
$41,541,882*
*This figure includes both outright gifts and multi-year pledges (new activity) committed during fiscal year 2023.

Uses of Income

2023 Uses of Income

65%
Instruction & Research
Drives innovative research and supports distinguished faculty in the classroom, global program, clinics, and policy lab

10%
Financial Aid
Gives the majority of Stanford Law School students financial assistance and scholarships

6%
Administration
Sustains fundamental operations at SLS, including facilities maintenance, information technology, finance, and human resources

7%
Student Services
Supports the student experience beyond the classroom through programs and services such as the Levin Center for Public Service and Public Interest Law and the Office of Career Services

7%
External Relations
Connects SLS’s global alumni community to current students through communications, events, reunions, volunteer opportunities, and international programs

5%
Library
Maintains essential library services and research resources, including databases, subscriptions, and technology updates

Total Law School Budget
$107,700,000

Faculty Appointments and Achievements

From serving as mentors and teachers to our students to producing critical legal research and scholarship with real-world impact, Stanford Law School faculty are some of the most celebrated legal scholars in the world—and fundamental to the success of our institution. We are committed to recruiting and retaining the most talented faculty, which is only possible through your generous contributions. Here you can read about the professors who have joined our faculty over the past year, as well as some of the scholarship and expertise for which our faculty is renowned.

Student Experience

Stanford Law School’s reputation is centered around a rigorous legal education. Drawing students from diverse backgrounds, SLS offers an interdisciplinary, one-of-a-kind educational experience. Students take courses led by world-renowned faculty, serve clients through our clinical programs and policy labs, and travel overseas to gain a global legal perspective—all experiences that equip them with the knowledge and resources necessary to create transformative solutions for the complex legal challenges of the 21st century.

Innovative Solutions

At Stanford Law School, excellence in teaching and research is a hallmark of our institution. However, the true measure of our impact extends beyond the classroom walls. Outside of seminars and traditional lectures, our students and faculty use their legal skills and expertise to create real and tangible change in the communities around them on a local, national, and global scale.