Geoffrey Parsons Miller

  • Stuyvesant P. Comfort Professor of Law
  • Director, Center for Financial Institutions
  • Faculty Co-Director, Center on Civil Justice
Assistant: Jerome Miller
  millerj@exchange.law.nyu.edu       212.992.8821
Geoffrey Parsons Miller

AREAS OF RESEARCH

Ancient Law, Central Banks, Civil Procedure, Compliance and Risk Management, Corporations, Economics of Procedure, Financial Institutions


Geoffrey Parsons Miller is author or editor of a dozen books and more than 200 research papers on topics in business law, compliance and risk management, financial institutions, securities law, the legal profession, ancient law, and legal theory. Miller received his BA magna cum laude from Princeton University in 1973 and his JD from Columbia Law School in 1978, where he was editor-in-chief of the Columbia Law Review. He clerked for Judge Carl McGowan of the US Court of Appeals for the DC Circuit and Justice Byron White of the US Supreme Court. After two years as an attorney adviser at the Office of Legal Counsel of the US Department of Justice and one year with a Washington, DC, law firm, he joined the faculty of the University of Chicago Law School in 1983, where he served as associate dean, director of the Program in Law and Economics, and editor of the Journal of Legal Studies. He came to NYU School of Law in 1995. Miller has been a visiting professor or visiting scholar at universities and facilities of higher learning around the world. He is a founder of the Society for Empirical Legal Studies, director of the NYU Law Center for Financial Institutions, co-director of the Center for Civil Justice, and co-founder of and Senior Academic Fellow at NYU's Program on Corporate Compliance and Enforcement. He serves on the board of directors, chairs the audit committee, and is a member of the compensation and risk committees of State Farm Bank. Miller is a 2011 inductee into the American Academy of Arts and Sciences.


Courses

  • Banking Law and Regulation

    This course examines the law and regulation of banks and other financial institutions. Classes will focus on the role of regulation in (a) ensuring that institutions have sufficient capital and liquidity; (b) protecting the financial system against the risk of a systemic crisis; and (c) protecting consumers and guaranteeing access to financial services. We will focus primarily on the U.S., but also cover relevant global regulatory initiatives. The financial crisis of 2007-2009 and its aftermath will form a central focus for discussion.

  • Corporations

    This is the basic course on Corporations. It covers, among other topics, formation; certificate of incorporation and bylaws; limited liability; management and control rights and powers of shareholders, directors, and officers; shareholder voting; fiduciary and other duties and liabilities of officers and directors; amendments to the certificate of incorporation; and mergers and acquisitions.

  • Emerging Issues in Large Scale Litigation

    This seminar will focus on emerging issues in large scale litigation -- class actions, shareholder derivative suits, "aggregate" mass tort litigation (e.g., asbestos cases), and attorney-general litigation (e.g., tobacco cases). We will examine issues such as the criteria for class certification, strategic considerations for plaintiffs and defendants, the role of class counsel, special problems under the Private Securities Litigation Reform Act, "reverse auctions," whole-case and lead counsel auctions, ethical issues for plaintiffs' counsel, methodologies for calculating attorneys' fees, strategies for funding litigation, issues related to the scope and permissible extent of settlement releases, and recent changes to Federal Rule 23. The seminar will examine these issues generally as well as in the context of intensive study of particular large-scale cases.

  • Professional Responsibility and the Regulation of Lawyers

    This course examines law as a regulated industry. Attention will be paid to the values of the profession, the rules of professional responsibility, the impact of the United States Constitution and federal and state statutes, and practical approaches that lawyers employ to comply with the regulations applicable to their professional lives.

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Publications

  • "Decay of Precedents in State Supreme Courts," 26 N.Y.U. J. Legis. & Pub. Pol'y 209 (2024) (with Yun-chien Chang)
  • "Do Judges Matter?," 179 J. Inst. & Theoretical Econ. 224 (2023) (with Yun-chien Chang) (Reprinted in Revista Forumul Judecatorilor [Jud. F. Rev.], no. 1., 2024, at 32)
  • Compliance in Historical Context, in Corporate Compliance on a Global Scale: Legitimacy and Effectiveness 3 (Stefano Manacorda and Francesco Centonze, eds., Springer, 2022)
  • "Regional Common Law," 45 J. Legal Prof. 151 (2021) (with Yun-chien Chang)
  • The Law of Financial Institutions (Wolters Kluwer 7th ed., 2021; 6th ed., 2017; 5th ed., 2013; 4th ed., 2008; 3d ed., 2001; 2d ed., 1997; 1st ed., 1992) (with Richard Scott Carnell et al.) (Prior edition titles: The Law of Banking & Financial Institutions and Banking Law and Regulation)
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Education

  • JD, Columbia Law School, 1978
  • AB, Princeton University, 1973

Honors and Activities

  • Fellow, American Academy of Arts & Sciences, 2011

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