For Educators
CISR is creating a multi-disciplinary curriculum on industry self-regulation to enable graduate programs in law, business, and public policy to incorporate this growing field into their existing coursework.
The Need
CISR believes that the power of independent, accountable industry self-regulation, a form of what is often referred to as soft law, is the most under-utilized tool for solving complex modern business challenges.
Though the mechanism of industry self-regulation has long been in the background as a complement to the tools of traditional, more formal regulation, none of the ABA-approved law schools in the United States at present offers a full course (or other form of curriculum) in industry self-regulation.
Curriculum Development
CISR is currently developing a series of modules on industry self-regulation for graduate programs. This curriculum will explore the conditions that allow self-regulation to flourish, identify where it has and has not worked, and examine new potential use cases.
The Sandra Day O’Connor College of Law at Arizona State University’s Center for Law, Science and Innovation will be the first law school in the nation to pilot this curriculum in 2025.
The curriculum will cover:
- The various types of industry self-regulation, such as co-regulatory models.
- The conditions under which self-regulation can work and how it compares to and differs from corporate compliance efforts and formal government regulation.
- Case studies of various self-regulatory programs across industries.
- The interaction of self-regulatory programs with the government as a backstop regulator.
Eleven graduate programs in law, business, and public policy from across the United States will participate in the review and evaluation of the curriculum, adapting it as necessary.
This project was made possible through the support of Grant 63310 from the John Templeton Foundation. The opinions expressed in this publication are those of the author(s) and do not necessarily reflect the views of the John Templeton Foundation.
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To learn more about this work in progress or how to potentially incorporate these new resources into your curriculum, reach out to our team to set up a meeting and learn more.