# Michael Klausner

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{{BLP sources|date=April 2022}}
{{Infobox person
| name        = Michael Klausner
|image =Klausner Michael-400x400.jpg
| birth_date  = {{Birth year and age|1954}}
| education   = [University of Pennsylvania](/source/University_of_Pennsylvania) ([BA](/source/Bachelor_of_Arts))<br />[Yale University](/source/Yale_University) ([MA](/source/Master_of_Arts), [JD](/source/Juris_Doctor))
| occupation  = Law professor
| spouse      = Barbara Sih Klausner
}}

'''Michael Klausner''' (born 1954) is the Nancy and Charles Munger Professor of Business and Professor of Law at [Stanford Law School](/source/Stanford_Law_School). He has been a member of the Stanford Law School faculty since 1997.<ref>[http://www.law.stanford.edu/directory/profile/35/ Stanford profile] {{webarchive|url=https://web.archive.org/web/20101229191332/http://www.law.stanford.edu/directory/profile/35/ |date=2010-12-29 }}</ref> He works in the areas of [corporate law](/source/corporate_law), [corporate governance](/source/corporate_governance), and [financial regulation](/source/financial_regulation).

==Education==
Klausner graduated [summa cum laude](/source/summa_cum_laude) from the [University of Pennsylvania](/source/University_of_Pennsylvania) with a [Bachelor of Arts](/source/Bachelor_of_Arts) in Political Science and Urban Studies. He went on to study law at [Yale Law School](/source/Yale_Law_School), earning a [Juris Doctor](/source/Juris_Doctor) with a joint [Master of Arts](/source/Master_of_Arts) in Economics. At Yale, Klausner was the Notes and Topics editor for the [Yale Law Journal](/source/Yale_Law_Journal).<ref>{{Cite web| title=Michael Klausner | url=http://www.law.stanford.edu/display/images/dynamic/people_cv/klausner_cv.pdf | archive-url=https://web.archive.org/web/20070610094128/https://www.law.stanford.edu/display/images/dynamic/people_cv/klausner_cv.pdf | archive-date=2007-06-10}}</ref>

==Academic and professional career==

After finishing law school in 1981, Klausner clerked for Justice [William J. Brennan Jr.](/source/William_J._Brennan_Jr.) of the [U.S. Supreme Court](/source/U.S._Supreme_Court) and Judge [David L. Bazelon](/source/David_L._Bazelon) of the [U.S. Court of Appeals for the District of Columbia Circuit](/source/U.S._Court_of_Appeals_for_the_District_of_Columbia_Circuit). He then worked as an associate with [Paul, Weiss, Rifkind, Wharton & Garrison](/source/Paul%2C_Weiss%2C_Rifkind%2C_Wharton_%26_Garrison) and [Gibson, Dunn & Crutcher](/source/Gibson%2C_Dunn_%26_Crutcher). Following his work as a corporate law practitioner, Klausner served as a [White House Fellow](/source/White_House_Fellow) in the Office of Policy Development under [George H. W. Bush](/source/George_H._W._Bush). In 1991, he joined the [New York University School of Law](/source/New_York_University_School_of_Law) faculty as a professor until 1997 when he became a professor at Stanford.

==Key works==
*Michael Klausner, Outside Director Liability, 58 Stanford Law Review 1055 (2006). (with Bernard Black and Brian Cheffins)
*Michael Klausner, Outside Director Liability: A Policy Analysis, 162 Journal of Institutional and Theoretical Economics 5 (2006). (with Bernard S. Black and Brian R. Cheffins)
*Michael Klausner, When Time Isn't Money: Foundation Payouts and the Time Value of Money, 41 Exempt Organization Tax Review 421-428 (September 2003).
*Robert M. Daines and Michael Klausner, Do IPO Charters Maximize Firm Value? Antitakeover Protection in IPOs, 17 Journal of Law, Economics, & Organization 83-120 (April 2001).
*Michael Klausner, Corporations, Corporate Law, and Networks of Contracts, 81 Virginia Law Review 757-852 (1995).

== See also ==
* [List of law clerks of the Supreme Court of the United States (Seat 3)](/source/List_of_law_clerks_of_the_Supreme_Court_of_the_United_States_(Seat_3))

==References==
{{Reflist}}

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{{DEFAULTSORT:Klausner, Michael}}
Category:1954 births
Category:Living people
Category:Law clerks of the Supreme Court of the United States
Category:Paul, Weiss, Rifkind, Wharton & Garrison people
Category:People associated with Gibson Dunn
Category:People from Stanford, California
Category:Stanford Law School faculty
Category:University of Pennsylvania alumni
Category:Yale University alumni

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Adapted from the Wikipedia article [Michael Klausner](https://en.wikipedia.org/wiki/Michael_Klausner) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Michael_Klausner?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.