The Journal of Corporation Law
The Journal of Corporation Law (J. Corp. L. or JCL), at the University of Iowa College of Law, is the nation's oldest student-published periodical specializing in corporate law. It published its first issue in 1975. Its current adviser is Robert T. Miller, who joined the College of Law faculty in August 2012. The journal is routinely cited by scholars, practitioners, and courts, including the United States Supreme Court.
Membership
Students apply for membership after completing their first year of legal study. The application consists of several short assignments meant to test an applicant's writing and editing ability. Each summer, the editorial board reviews these applications and invites 25 to 30 applicants to become student writers for the following academic year.
As student writers, JCL members write a Note discussing a relevant topic in corporate law. Excellent Notes are selected for publication. In addition, student writers are expected to complete thirty-five secondary hours per semester. This includes time spent at authority checks or on other journal-related projects that the editorial board assigns. Student writers improve their writing and editing skills and contribute to maintaining JCL's status as a high quality publication.
Corporate law
Corporate law (also "company" or "corporations" law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another. Corporate law is a part of a broader companies law (or law of business associations). Other types of business associations can include partnerships (in the UK governed by the Partnership Act 1890), or trusts (like a pension fund), or companies limited by guarantee (like some community organizations or charities). Under corporate law, corporations of all sizes have separate legal personality, with limited or unlimited liability for its shareholders. Shareholders control the company through a board of directors which, in turn, typically delegates control of the corporation's day-to-day operations to a full-time executive. Corporate law deals with firms that are incorporated or registered under the corporate or company law of a sovereign state or their subnational states. The four defining characteristics of the modern corporation are:
