FLORIDA STATE LAW Inside Rice: Capitalizing on Opportunity Alumni Recognitions Student Achievements ALUMNI MAGAZINE SPRING 2014 Message from the Dean More Great News It is hard to beat March’s We have adopted “3+3” programs both announcement that U.S. News & with Florida State University and with the World Report has ranked Florida University of Central Florida. Students from State University College of Law as Florida’s #1 law school, and 45th these two universities may now be able to best in the nation. In addition, U.S. attend our law school after only three years News also rated our Environmental in college, provided they satisfy all their Program as the nation’s 14th best, up two ranks from last year. Even after undergraduate departmental and college these latest rankings, University requirements, but for the last 30 hours of of Chicago Law School Professor Brian Leiter says that, in academic credit. terms of our academic rating, we are “clearly under-ranked.” These rankings were quickly followed by more good news. Also in March, our Moot Court Team won the program. This is a program that could be completed within right to represent North America in the world finals of one year to give a degree in law to a non-lawyer who does not the international Manfred Lachs Space Law Moot Court wish to pursue a full law degree but who wants a year of legal Competition and our Black Law Students Association won studies and the recognition it entails. It can also be taken on a first place in the National Black Law Students Association part-time basis. We think that this degree might be attractive, Thurgood Marshall Mock Trial Competition. Since I have for example, to individuals in corporate compliance, the health already emailed alumni details about those wonderful care industry or governmental affairs. victories, I won’t repeat them here. This spring, within our core J.D. program, we added courses Our placement successes (which would not have happened in Entrepreneurial Law, including an Entrepreneurial Law without our wonderfully engaged alumni), were soon Clinic. In this new clinic, students will earn academic credit by recognized by additional national outlets. The National Law helping our Entrepreneur in Residence to provide legal advice Journal rated us Florida’s best, and the nation’s 25th best, in to business incubators across the Florida State University terms of the percentage of 2013 graduates employed nine campus. In particular, this will strengthen our ties to the months after graduation in full-time, long-term, bar passage multiple entrepreneurs in residence in the College of Business. required jobs not funded by the school. As I write this column, Finally, a nice surprise came late in the legislative session Moody’s has just rated us Florida’s best, and the nation’s 28th when, thanks in large part to Senators Joe Negron (an Emory best, in terms of job placement. Law alum) and our alum Senator John Thrasher (’73), the There are numerous recent program innovations I am College of Law received an additional $2 million legislative enthusiastic about. appropriation, with half of it recurring. This appropriation, We have adopted “3+3” programs both with Florida mostly for scholarships, is a result of our many recent successes State University and with the University of Central Florida. and will serve to decrease the funding gap between us and Students from these two universities may now be able to the University of Florida’s law school. I hope that many of attend our law school after only three years in college, provided you will join me in thanking Senators Negron and Thrasher. they satisfy all their undergraduate departmental and college Thank you all for your support! requirements, but for the last 30 hours of academic credit. Under the 3+3 programs, the first year of law school counts toward both the undergraduate degree and the law degree. The result is a significant savings to the students and their families. Don Weidner We have just announced, effective this fall, a Juris Master Dean and Alumni Centennial Professor Table of Contents Contents DEAN AND ALUMNI CENTENNIAL PROFESSOR Donald J. Weidner Features ASSOCIATE DEAN FOR Cover Story ACADEMIC AFFAIRS Jeffrey H. Kahn 2 Bob Rice: ASSOCIATE DEAN FOR STUDENT AFFAIRS Capitalizing on Opportunity Nancy L. Benavides ASSOCIATE DEAN FOR PLACEMENT Alumni Focus Rosanna Catalano ASSISTANT DEAN FOR 6 Dana N. Brooks: STUDENT AFFAIRS Devoted to Helping Others Janeia Daniels Ingram ASSISTANT DEAN FOR ADMINISTRATION 8 Representative Carlos Trujillo: Catherine J. Miller Balancing the Law, Legislature and Life DIRECTOR OF DEVELOPMENT Jeanne B. Curtin 10 Paul Harden: DIRECTOR OF ALUMNI AFFAIRS & ANNUAL FUND A Jacksonville Game-Changer Becky B. Shepherd DIRECTOR OF 12 Chief Judge Joseph Lewis, Jr.: COMMUNICATIONS AND EDITOR-IN-CHIEF An Inspiring Leader Christi N. Morgan PHOTOGRAPHY Bill Lax Richard’s Photography DEPARTMENTS WRITERS Christi N. Morgan 14 Noteworthy Rachael Seitz Alumni Profiles, Philanthropy, Events Cory Lombardo Andrea Wolf 20 Class Action GRAPHIC DESIGN Alumni Notes Perry Albrigo, Pomegranate Studio 32 For the Record Faculty News and Notes Please send editorial contributions, including Class 46 Around the Law School Action submissions and College of Law News changes of name and address to Office of Development and Alumni Afftairs, College of Law, Florida State University, Tallahassee, FL 32306-1601, e-mail: [email protected]. SPRING 2014 1 Cover Story Bob Rice: Capitalizing on Opportunity By Christi N. Morgan 2 FLORIDA STATE LAW Cover Story f you ever watch business news cracked in 2000. Many people think Business show “Risk & Reward with television networks, Bloomberg TV there was a causal relationship,” joked Deirdre Bolton” allow him to spread Ior Fox Business in particular, you Rice. the word about alternative investment may recognize Robert “Bob” Rice. The Rice is passionate about the need for options to a national audience. “It’s im- founder and CEO of Tangent Capital investors to look beyond the basic classes portant to expand your portfolios in this is a regular commentator about the of assets. That is why he formed Tangent environment. The smartest money is do- economy, investing and technology Capital in 2004. ing it, but typical investors are missing trends. He has experienced success in a wide variety of business ventures, po- sitioning Rice as an expert with plenty of advice to share. Rice’s career began like that of many other high-achieving attorneys, practicing law at the U.S. Department of Justice and then at a Wall Street law firm, but he left the legal profession in the late 1990s. At the time, he was a partner at Milbank Tweed, focusing on structured financial products. “I met this famous Russian scien- Rice on the set of “Risk & Reward with Deirdre Bolton” tist – a Princeton professor – who had invented an utterly incredible 3D scan- “It is an investment bank that focuses some of the best growth opportunities ning technology. I just fell in love with on alternative investments – private out there, and, more importantly, are it, and so dropped out of law and did equity, hedge funds, venture, even tim- not protecting themselves against the a true garage start-up,” said the 1979 ber and farmland…everything except many big risks we face.” College of Law alumnus. “But there stocks and bonds. We advise wealthy To get the word out, Rice has was a small problem. The technology individuals and family offices, endow- published a best-selling book, “The Al- was brilliant all right, too much so… ments, foundations, sovereign wealth ternative Answer: The Nontraditional about 15 years too early. Today, with 3D funds, and other kinds of investors. We Investments That Drive the World’s printers finally here, it would make for also help investment managers package Best-Performing Portfolios,” and cre- an awesome company, but at the time and distribute their products. That’s ated altanswer.com, a Web site with there was simply no use for it. So we did where the law thing is very handy.” hundreds of brief, educational videos the classic start-up thing and found a Rice’s daily appearances on the Fox produced by Bloomberg TV. completely different application, a way to stream complex images over nar- “It’s important to expand your portfolios in this rowband. Thankfully, that allowed us to survive and even get bought by a public environment. The smartest money is doing it, company, of which I then became the but typical investors are missing some of the CEO. That company became the first to do so-called ‘rich media’ internet-ads. best growth opportunities out there, and, more “Hilariously, I was on CNBC ‘Power importantly, are not protecting themselves against Lunch’ being introduced as CEO of the company the day the NASDAQ the many big risks we face.” SPRING 2014 3 Cover Story “Rice” continued from page 3 “It’s free, it’s unsponsored, it’s unbi- Rice spoke to graduates at ased, it’s strictly educational,” said Rice Florida State University’s fall 2013 commencement ceremony. about the site. Diversification also is important to Rice in areas outside of investing. It was the theme of his December 2013 FSU commencement ceremony speech and his presentation to law students in the fall of 2013. “In a world of hyper-competitiveness, being one dimensional is almost a sure ticket to disaster,” said Rice. “Every pro- fession, certainly including law, is being disintermediated by low-cost providers. “It boils down to this: To go through it, you have to Information is becoming ubiquitous see that the door of opportunity is there…but if it and completely free, so if you know one thing and that is all you do, you’re said in neon letters, ‘Door of Opportunity, Please really in jeopardy of being obsoleted by Knock Here,’ there’d be a line around the block.