New York Regulatory and Business Externship

New York City Skyline

The New York Regulatory and Business Externship places students in a semester-long clinical experience in New York City. The program is offered in conjunction with Washington University's Olin School of Business, including a companion course in ethics with students from both schools.

New York Regulatory and Business Externship students have the opportunity to learn first-hand about the practice of business associations and regulation in the nation's largest city. The externship allows third-year law students, and qualified second-year law students, to spend their fall or spring semester in NYC and work under the direction of attorneys in a variety of non-profit, government, and in-house counsel offices having an emphasis on business associations and regulation. Examples of potential student placements include positions with the Financial Industry Regulatory Authority (FINRA), New York Attorney General’s Office and the in-house counsel's office for large businesses. These externships expose students to nonprofit and business associations, as well as regulatory environments, and students gain a level of experiential training and learning that will allow a more rapid transition to practice in their post graduate careers. Through their externships, the students will gain practical and technical experience from client representation and work with regulators in the various placements.

Program Offerings

  • first-hand learning about the practice of business associations and regulation in the nation's largest city under mentorship of practicing attorneys;
  • improved lawyering skills such as research, writing, legal analysis, client interviewing, communication, negotiation, and advocacy;
  • integration of prior learning in law school with the practice of law;
  • student exposure to legal and business ethics in context;
  • development of an understanding of workplace issues such as time management, workplace culture, professionalism, teamwork, and giving and receiving feedback;
  • experiential training designed to assist with career placement; and
  • promotion of self-directed, lifelong learning.

Pre-requisite: Complete all first year courses and Corporations.   
Course Credits:  11 (for 14 weeks of full-time work) (Students will earn (3) additional credits for the companion externship course titled “Organization Integrity: Legal and Ethical Problems in Business (W74 588A LAW).

Information on Related Course

Enrollment limited. This course is taught in New York City and is the required companion course for the New York Regulatory and Business Externship  [Note: This course does not satisfy the J.D. ethics requirement. Students who are admitted to the Externship are automatically registered for this course by the Registrar's Office.] 

This course introduces students to legal and ethical issues that arise within the types of large organizations students are working in or regulating during their externship.  Students will examine a variety of real-world case studies, ranging from large-scale business failures (including Enron, WorldCom and Lehman Brothers) to failures of judgment by business leaders (including Martha Stewart and Rajat Gupta) to ethical challenges facing profitable companies (including multinational corporations’ labor practices in the developing world, tobacco marketing and sales, unauthorized surveillance of company personnel, and bribery of foreign officials).  The course will also survey legal principles and concepts, such as confidentiality and privilege, that are used by actors within large organizations to identify, analyze and resolve legal and ethical challenges.   The class readings address both the application of legal ethics in business contexts as well as the business of legal practice.  Reading materials for the course include the Model Rules of Professional Conduct, primary source materials related to specific business failures or regulatory events, business school case studies, court documents, Congressional reports and testimony, and journalistic accounts of significant legal or business developments.  3 units.

STUDENTS: Click here to view information about the New York Regulatory and Business Externship. This handout provides general information that will be helpful for you to know before registering.

Click here for application information for law students.


[view] Registration Information and Form 2013-2014

Questions can be directed to Katie Herr, Clinic Operations Manager, Room 107,, 314-935-5942