LLM in Law and Economics

George Mason University School of Law is one of the nation’s leading centers for the study of law and economics. During the past 15 years, George Mason has assembled a distinctive, interdisciplinary faculty, many of whom hold doctorates in economics, philosophy, political science or related fields. The LLM Degree in Law & Economics is designed to provide law graduates the opportunity to develop an expertise in the skills of economic analysis as they are applied to a variety of legal areas. Economics touches private law, intellectual property law, international business law, regulatory law and other areas that students may explore. Additionally, students may choose to pursue their LLM in Law and Economics with an antitrust focus.


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Program Highlights

The Master of Laws (LLM) Degree in Law and Economics offers students unique training in Law and Economics- a cross-disciplinary approach to the law that is particularly instructive for the careers of D.C. area lawyers. George Mason University is internationally recognized as a leading center of research in law and economics, constitutional political economy, and public choice theory. George Mason University School of Law has attracted a distinctive, interdisciplinary faculty, many of whom hold doctorates in economics, philosophy, political science, or related fields. Mason is home to the nation’s leading scholars in antitrust and competition law. Almost all members of the faculty apply the tools of economics or other social sciences to legal problems, and this intellectual orientation pervades the curriculum. Our faculty is among the most prolific in the nation in these fields of research, and our interdisciplinary Program in Law and Economics is probably the most advanced in the profession. Since 1987 the Law & Economics Center has also been an integral part of George Mason Law School.

The LLM in Law and Economics Program is directed by Professor D. Bruce Johnsendjohnsen@gmu.edu.

Curriculum

To earn an LLM in Law and Economics, students must complete 24 credit hours of coursework.  These hours will be made up of required courses, electives, and a thesis, seminar or writing course to fulfill the LLM writing requirement. Students may elect to complete our standard LLM in Law and Economics or the LLM in Law and Economics with an Antitrust Focus.

The 24 credits making up the LLM in Law and Economics are not designed to prepare or qualify students who are not graduates of a U.S. law school to engage in the practice of law in the United States or to qualify them to take a bar examination in the United States.  Additional coursework is possible for those trying to qualify to sit for a bar examination. For more details, see Bar Examination for Foreign-Trained Attorneys.

Students may attend the LLM program full-time or part-time.  Courses are offered in the day and evening to accommodate working professionals. Students may be able to complete the program in one academic year, though most will take a year and a half to two years to do so.

All students must finish the degree requirements within three years of matriculation and be enrolled in at least two courses each semester, unless granted a waiver or leave of absence.  In order to remain in the LLM program, students must present a cumulative grade point average of at least 2.33 on a 4.33 scale at the end of the spring semester.

The course requirements and electives for both the standard LLM in Law & Economics and the LLM in Law & Economics with an Antitrust Focus are below.  The required and elective LLM courses are not offered every semester and new offerings for approved LLM electives may become available.  Students should check with the Records Office for a current schedule of courses. A limited number of courses also will be available in the summer.

Important Program Note:  The Economic Foundations of Legal Studies for LLMs course is offered in the summer to provide students with the foundation needed for future law and economics courses in the fall and spring. The Introduction to US Law course (a requirement for international students without a US JD) also begins in the summer.  The credits associated with the Introduction to US Law course do not count toward the 24 credits needed for the LLM.

To develop a personalized plan of courses based on your time-frame for finishing the LLM Degree, please contact Director of Student Academic Affairs, Christine Malone, at cmalone4@gmu.edu.

Standard LLM in Law and Economics

Required Courses  (10 to 11 credit hours)
Economic Foundations of Legal Studies for LLMs
Advanced Economic Foundations
Litigation and Dispute Resolution Theory
Public Choice and Public Law Seminar  OR  Perspectives on Regulation
Introduction to US Law (International LLM Students ONLY.)
Law and Economics Electives  (10 to 11 credit hours)
Advanced Antitrust Seminar
Advanced Securities:  Law and Economics of Investment Management
Antitrust
Antitrust Economics
Bankruptcy
Comparative Antitrust Law
Economics of Private Law
European Competition Law
FTC Seminar
Law and Economics of Financial Regulation Seminar
Legal and Economic Theory of IP
Perspectives on the Individual, Family, and Social Institutions
Perspectives on Regulation
Products Liability
Public Choice and Public Law Seminar
Quantitative Forensics
Regulated Industries
Telecom & Internet: Strategy and Policy Seminar
Tort Theory Seminar
Unfair Trade Practices
LLM Writing Requirement  (2 to 4 credit hours)
Thesis  OR  Seminar/Writing Course from Law & Economics Electives

LLM in Law & Economics, Antitrust Focus

Required Courses  (8 to 9 credit hours)
Economic Foundations of Legal Studies for LLMs
Litigation and Dispute Resolution Theory
Public Choice and Public Law Seminar  OR  Perspectives on Regulation
Introduction to US Law (International LLM Students ONLY)
Antitrust Required Courses  (10 credit hours)
Antitrust
Antitrust Economics
Comparative Antitrust Law OR European Union Competition Law
Quantitative Forensics
Antitrust Electives  (5 to 6 credit hours)
Advanced Antitrust Seminar
Comparative Antitrust Law OR European Union Competition Law
FTC Seminar
Thesis
Unfair Trade Practices

Admission

Students will be selected from the pool of U.S. law school graduates, and graduates of universities outside of the U.S. who hold a law degree or its equivalent in education or practical experience.  For information on the admission requirements and the application process, please visit FAQs.

Tuition and Fees

For the most current posting of tuition rates for the School of Law, please visit: budget.gmu.edu. Tuition is updated in mid-May by the university's Board of Visitors and is subject to change at any time.

Contact Us

Prospective applicants who have questions concerning admissions details or the admissions process should contact the Admissions Office at 703.993.8010 or lawadmit@gmu.edu.  Curriculum questions should be addressed to the program Director of Student Academic Affairs, Christine Malone, at cmalone4@gmu.edu.