The Fellows of the College are admitted upon election by the Board of Trustees, on a discretionary basis, following review by the Membership Committee.
To be eligible for consideration as a Fellow, a person must:
- Be a lawyer in active practice, in good standing and admitted to practice in the highest court of a state, commonwealth, district, province or country and
- Devote a substantial portion of her or his time to the representation of one or more institutional investors with respect to institutional investments (or to supervising those who do so), or otherwise have expertise in areas determined by the Board of Trustees to be relevant to institutional investors. The applicant must be nominated by a Fellow and seconded by another (the second nominee may not be affiliated with the same law firm or institution as the first nominee).
The Membership Committee and the Board of Trustees determine an applicant’s membership on the basis of the totality of the applicant’s responses in this application. Particular emphasis is given to (i) the portion of the applicant’s practice which is devoted to representing institutional investors (or supervising those who do so), (ii) indicative transactions or other legal representations on behalf of institutional investors demonstrating the applicant’s representation of institutional investors, (iii) participation by the applicant in the activities of the College (e.g., Forums and educational meetings) and (iv) other factors determined by the Board of Trustees as being relevant to the College.
Membership Election Procedures
To be considered for election to the College a lawyer must be nominated by a Fellow and seconded by another, who may not be affiliated with the same law firm or institution as the proposer. Application materials, including nomination forms, may be obtained from, and when completed should be returned to, the College’s administrative office. Following review by the Membership Committee, nominations are considered by the Board of Trustees.