Paul L. Caron
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Saturday, March 30, 2019

$26.5 Million Donor Completes Naming Gift Ahead Of Schedule Due To Alabama Law School's Rise In The U.S. News Rankings

Alabama Logo (2018)Following up on my previous post, University Of Alabama Law School Receives $26.5 Million Naming Gift; Donor Hopes For Top 10-15 Ranking:  Crimson White, Law School Donation Fulfilled Ahead of Schedule:

The Hugh F. Culverhouse School of Law at the University of Alabama was recently ranked the eighth highest public law school in U.S. News & World Report’s list, and to celebrate, Hugh F. Culverhouse is fulfilling the last $5 million of his $25 million donation two years ahead of his original four-year schedule.

In September of 2018, the University announced the donation of $25 million from Hugh F. Culverhouse. Culverhouse’s original plan was to make multiple installments toward his pledge over a four-year time period, but after hearing of the law school’s new ranking, he decided to pay off the last $5 million later this year.

“The key is, I work hard,” Culverhouse said. “I’m fortunate enough to make money. I have no desire to make that school wait four to five years to get money if they can get it sooner.” ...

Like Brandon, Culverhouse wants to see improvements starting now, which is why he decided to fulfil the rest of his $25 million pledge this year.

“They can go hire professors,” Culverhouse said. “They can go provide scholarships instead of getting the money coming in on this long schedule. I want it improved today, not four years from now.”

https://taxprof.typepad.com/taxprof_blog/2019/03/265-million-donor-completes-naming-gift-ahead-of-schedule-due-to-alabamas-rise-in-the-us-news-rankin.html

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Comments

Some of the doubters commenting on the original post are going to walk back their predictions or will make up something defending their original doom predictions. Graduates from Alabama's law school will do well, as have graduates from Alabama's School of Accountancy, to which Culverhouse also donated generously.

Posted by: Woody | Mar 31, 2019 11:19:07 AM

The Law School may outrank the football team at some point (OK that's an overstatement)

Posted by: Mike Livingston | Mar 31, 2019 5:08:08 AM

Excuse me if I'm less that excited about this. Moving up in the US News rankings means teaching to their tests, much like giving elementary students standardized tests does. And that can lead to a loss of interest in training that, while quite valuable for lawyers, isn't considered in those rankings. Not a good idea.

Posted by: Michael W. Perry | Mar 30, 2019 9:53:04 AM