THE SECOND ANNUAL DIRECTORS’ CONSORTIUM drew 110 senior executives and board members from major companies across the nation to Stanford Law School. The August 20–22 event sold out a month in advance as applicants jumped at the opportunity to spend three days studying corporate governance and the responsibilities of board service. The consortium, which last year was the subject of a front-page New York Times story, is sponsored by the Law School, the University of Chicago Graduate School of Business, and the Wharton School of the University of Pennsylvania. CLOCKWISE FROM TOP LEFT: University of Chicago Graduate School of Business Professor Steven N. Kaplan gave a lesson on corporate finance, with tips on how directors can better determine their company’s economic position. Law School Professor Emeritus Kenneth E. Scott ’56, a frequent commentator on corporate governance, offered some choice thoughts in group discussions. Wendy Lane, a former Tyco director, was a featured speaker. Credit Suisse First Boston Vice Chairman Steven Koch posed questions that every board member should weigh when evaluating a proposed merger. Bernard S. Black ’82 (left), George E. Osborne Professor of Law, and Ronald J. Gilson, Charles J. Meyers Professor of Law and Business, discussed the sessions they were teaching.

“YOU CAN’T SUE ME (HERE)” was the title of a June 25 panel that examined a critical legal question raised by the advent of the Internet: Who has jurisdiction over what in the global marketplace? The discussion, which featured top lawyers from some of the biggest high-tech companies, was sponsored by the Stanford Law Society of Silicon Valley, the Stanford Center for E-Commerce (Stanford Program in Law, Science & Technology), and the Churchill Club. CLOCKWISE FROM LEFT: Paul Goldstein, Stella W. and Ira S. Lillick Professor of Law, the event’s moderator, was joined on the panel by Mark Chandler ’81, Cisco Systems Vice President of Legal Services and General Counsel. Another panelist, Ronald S. Katz, a partner in the Palo Alto office of Manatt Phelps & Phillips, has written on pharmaceutical patents, as well as on the Digital Millennium Copyright Act. Jon Sobel, Yahoo! Senior Vice President and General Counsel, brought his experience negotiating many of his company’s technology deals to the panel discussion. Jay Monahan, eBay Vice President and Deputy General Counsel, chatted with Dean Kathleen M. Sullivan before taking a seat on the panel. The audience was filled with some of the area’s leading attorneys, including (left to right) Bingham McCutchen partner and Silicon Valley Law Society co-chair William Bates III ’74, Fenwick & West partner Tyler A. Baker III ’75, and Milbank, Tweed partner Douglas A. Tanner ’77 (BA ’75).