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American Law Institute

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uuid00252ua

Namestring
American Law Institute
Legal namestring
The American Law Institute
Websiteurl
ali.org
Company typeenum
Private
Founded yearint
1923
Descriptiontext

The American Law Institute is an independent nonprofit organization founded in 1923 and headquartered at 4025 Chestnut Street, Philadelphia, Pennsylvania. It produces authoritative scholarly legal publications — Restatements of the Law, Principles of the Law, and Model Codes — that synthesize and clarify common law across U.S. practice areas and are routinely cited by courts, regulators, and legislatures. The organization operates as an elected membership body of distinguished lawyers, judges, and law professors, who govern the institution and contribute to its multi-year project workflow through reporters, advisers, and council review.

Short descriptiontext

The American Law Institute is a 1923-founded independent nonprofit in Philadelphia that publishes Restatements of the Law, Principles of the Law, and Model Codes, serving lawyers, judges, law professors, and regulators across the U.S. legal system.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersPhiladelphia, United States
HQ citystring
Philadelphia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
legal scholarly publications, restatements of law, legal principles frameworks, model legal codes, continuing legal education
Industry4 codes
1Legal & Regulatory Publishing (Case Law, Statutes, Treatises)
CodeMPAJACAAPrimaryYes
2Legal Reference (Statutes, Case Law, Practice Guides)
CodeEDAGAGABPrimaryNo
3Law & Legal Studies
CodeEDAGABAHPrimaryNo
4Law & Legal Studies Scholarly Publishing
CodeEDAGAFAGPrimaryNo
NAICS code1 code
  • Legal Services5411
SIC code2 codes
  • Books: Publishing Or Publishing & Printing2731
  • Services-Membership Organizations8600
Product category
Legal Scholarly Publications
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Publications Sales
TypeOne Time License
Description

ALI sells legal publications including Restatements, Principles of the Law, Model Codes, trial manuals, and style manuals to legal professionals, law schools, and libraries.

ali.org
2Membership Dues
TypeSubscription Recurring
Description

ALI operates as a membership organization with elected members from the legal profession including lawyers, judges, and law professors.

ali.org
3CLE Programs
TypeProfessional Services
Description

American Law Institute CLE (ALI CLE) provides continuing legal education programs and conferences, including specialized events like the Accountants' Liability Annual Conference.

ali.org
4Donations and Gifts
TypeSubscription Recurring
Description

ALI accepts donations through its giving programs including Annual Fund, 100 for 100, Member Giving Circles, Life Member Class Gift, and Planned Giving.

ali.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Others, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1Reasonably Speaking
Description

ALI's podcast featuring discussions on legal topics with judges, scholars, and practitioners

ali.org
Core offering1 text field

The American Law Institute produces authoritative scholarly legal publications—Restatements of the Law, Principles of the Law, and Model Codes—that synthesize case law and propose principled legal frameworks for courts, legislatures, and legal practitioners. It also operates a membership organization for elected lawyers, judges, and academics, and delivers Continuing Legal Education (ALI CLE) programs, a podcast series, and an online video library for the U.S. legal profession.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

The American Law Institute (ALI) publishes authoritative legal reference works including Restatements of the Law, Principles of the Law, and Model Codes. These publications are organized into distinct product lines: Restatements summarize and clarify the common law with editorial authority; Principles of the Law provide policy-oriented frameworks for legal reform; and Model Codes offer template legislative language. ALI also delivers CLE programs, a podcast series called Reasonably Speaking, and maintains a Video Library for educational content. The organization is currently working on projects addressing AI liability, election litigation, property law, and high-volume civil adjudication.

Product and service9 records
1Restatements of the Law
CategoryLegal scholarly publications
Description

Comprehensive legal treatises that summarize and clarify the common law, providing authoritative guidance on legal principles across various practice areas. Used by courts, practitioners, and law schools as persuasive authority.

2Principles of the Law
CategoryLegal scholarly publications
Description

Policy-oriented restatements that address complex legal topics and propose reformed legal frameworks for consideration by courts and legislatures.

3Model Codes
CategoryLegal scholarly publications
Description

Model legislative texts developed by ALI to provide template statutory language for adoption by legislatures.

4ALI CLE (Continuing Legal Education)
CategoryProfessional education services
Description

Professional development programs and conferences for legal practitioners, including the annual Accountants' Liability Annual Conference, delivered in-person and virtually.

5Reasonably Speaking Podcast
CategoryEducational media content
Description

Podcast series featuring discussions on legal topics, judicial independence, and rule of law issues, co-produced with the Bolch Judicial Institute of Duke Law School.

6ALI Video Library
CategoryEducational media content
Description

Online repository at media.ali.org of video recordings of ALI meetings, events, and educational content.

7Trial Manual for Defense of Criminal Cases
CategoryLegal practitioner reference
Description

Trial manual publication available in electronic form for criminal defense practitioners.

8ALI Style Manual
CategoryLegal publishing reference
Description

Style manual for ALI publications.

9ALI Membership
CategoryMembership program
Description

Elected membership in the American Law Institute for lawyers, judges, and law professors, providing governance participation, member directory access, and engagement in ALI projects.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Joint podcast production partnership for 'Reasonably Speaking' and 'Judgment Calls' podcasts. The Bolch Judicial Institute, led by David F. Levi (ALI President), co-produces these podcast series with ALI, bringing together judicial perspectives on rule of law and constitutional issues.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Both organizations have launched major reform projects to rewrite the rules governing conflict-of-trust laws, which are widely regarded as inadequate under the existing 1971 Restatement (Second) of Conflict of Laws. This collaboration addresses cross-border trust litigation issues affecting billions of dollars in trust assets.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Cornerstone Research is a sponsoring partner for the ALI-CLE Accountants' Liability Annual Conference 2026 in Washington, DC. The conference brings together industry leaders, legal practitioners, and U.S. agency regulators to examine emerging trends and enforcement activity.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Cengage Group is a large educational publisher serving higher education markets including law-related courseware. As a broader incumbent, it competes with ALI for institutional buyer share in legal education publishing.

TypeEmerging player
Description

HeinOnline is a digital legal research database specializing in legal history, law journals, and government documents. It serves overlapping customer segments (law schools, law libraries) with a complementary rather than directly competing product set.

TypeBroad incumbent
Description

LexisNexis is a leading legal research and publishing platform with case law, statutes, treatises, and Matthew Bender treatises. It competes with ALI's scholarly publications through its own treatise catalog and legal research tools.

TypeBroad incumbent
Description

Westlaw is a dominant legal research platform offering case law, statutes, and secondary sources including treatises. It is a broad incumbent in the same legal information ecosystem where ALI's Restatements are used and cited.

TypeDirect peer
Description

The Uniform Law Commission drafts model state legislation and is ALI's collaboration partner on conflict-of-laws reform. Both organizations convene leading legal minds to produce authoritative legal frameworks, making them directly comparable in mission.

TypeBroad incumbent
Description

Bloomberg Law provides legal research, analysis, and practice tools. As a broader legal information incumbent with a wider product portfolio, it competes indirectly with ALI for institutional buyer spend on legal research and reference.

TypeDirect peer
Description

PLI is a nonprofit that delivers continuing legal education programs and publishes legal treatises, handbooks, and course materials. It is the closest direct peer to ALI in combining CLE programming with authoritative legal publishing for practicing attorneys.

TypeDirect peer
Description

Aspen Publishing produces law school casebooks, study aids, and legal reference works used in legal education. It is directly comparable to ALI's scholarly publishing mission for law students and academics.

TypeDirect peer
Description

Foundation Press is a leading publisher of law school casebooks and treatises. It competes with ALI for legal education budgets and shares ALI's focus on authoritative legal scholarship for the academic market.

TypeBroad incumbent
Description

A division of Wolters Kluwer producing legal reference, compliance, and regulatory information products (including Aspen Publishing). It overlaps with ALI's Restatement-style reference works and law school casebooks but operates as a commercial publisher at much greater scale.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

American Law Institute

Legal Scholarly Publicationsali.org

The American Law Institute is a 1923-founded independent nonprofit in Philadelphia that publishes Restatements of the Law, Principles of the Law, and Model Codes, serving lawyers, judges, law professors, and regulators across the U.S. legal system.

What American Law Institute does

The American Law Institute is an independent nonprofit organization founded in 1923 and headquartered at 4025 Chestnut Street, Philadelphia, Pennsylvania. It produces authoritative scholarly legal publications — Restatements of the Law, Principles of the Law, and Model Codes — that synthesize and clarify common law across U.S. practice areas and are routinely cited by courts, regulators, and legislatures. The organization operates as an elected membership body of distinguished lawyers, judges, and law professors, who govern the institution and contribute to its multi-year project workflow through reporters, advisers, and council review.

American Law Institute firmographics

Firmographics
Name
American Law Institute
Legal name
The American Law Institute
Website
https://ali.org
Company type
Private
Founded year
1923
Operating status
Operating
Headcount range
51–100 employees
Short description
The American Law Institute is a 1923-founded independent nonprofit in Philadelphia that publishes Restatements of the Law, Principles of the Law, and Model Codes, serving lawyers, judges, law professors, and regulators across the U.S. legal system.
Ownership category
akta.pro rank

American Law Institute industry classification

Industry
Product category
Legal Scholarly Publications
NAICS
Legal Services (5411)
SIC
Books: Publishing Or Publishing & Printing (2731), Services-Membership Organizations (8600)
akta.pro primary industry
Legal & Regulatory Publishing (Case Law, Statutes, Treatises) (MPAJACAA)
akta.pro secondary industries
Legal Reference (Statutes, Case Law, Practice Guides) (EDAGAGAB), Law & Legal Studies (EDAGABAH), Law & Legal Studies Scholarly Publishing (EDAGAFAG)

Keywords

  • Legal scholarly publications
  • Restatements of law
  • Legal principles frameworks
  • Model legal codes
  • Continuing legal education

Where American Law Institute is headquartered

Location

Headquarters

HQ city
Philadelphia
HQ country
United States
HQ region
North America

Offices1 record

Markets served

American Law Institute business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Others, Marketing or Sales

Revenue model

  1. Publications Sales: ALI sells legal publications including Restatements, Principles of the Law, Model Codes, trial manuals, and style manuals to legal professionals, law schools, and libraries.
  2. Membership Dues: ALI operates as a membership organization with elected members from the legal profession including lawyers, judges, and law professors.
  3. CLE Programs: American Law Institute CLE (ALI CLE) provides continuing legal education programs and conferences, including specialized events like the Accountants' Liability Annual Conference.
  4. Donations and Gifts: ALI accepts donations through its giving programs including Annual Fund, 100 for 100, Member Giving Circles, Life Member Class Gift, and Planned Giving.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

American Law Institute product offering

Product offering

Core offering

The American Law Institute produces authoritative scholarly legal publications—Restatements of the Law, Principles of the Law, and Model Codes—that synthesize case law and propose principled legal frameworks for courts, legislatures, and legal practitioners. It also operates a membership organization for elected lawyers, judges, and academics, and delivers Continuing Legal Education (ALI CLE) programs, a podcast series, and an online video library for the U.S. legal profession.

Product overview

The American Law Institute (ALI) publishes authoritative legal reference works including Restatements of the Law, Principles of the Law, and Model Codes. These publications are organized into distinct product lines: Restatements summarize and clarify the common law with editorial authority; Principles of the Law provide policy-oriented frameworks for legal reform; and Model Codes offer template legislative language. ALI also delivers CLE programs, a podcast series called Reasonably Speaking, and maintains a Video Library for educational content. The organization is currently working on projects addressing AI liability, election litigation, property law, and high-volume civil adjudication.

Differentiator

Problem solved

Functional benefit

Brands

  • Reasonably Speaking: ALI's podcast featuring discussions on legal topics with judges, scholars, and practitioners

Products and services

  • Restatements of the Law Comprehensive legal treatises that summarize and clarify the common law, providing authoritative guidance on legal principles across various practice areas. Used by courts, practitioners, and law schools as persuasive authority.
  • Principles of the Law Policy-oriented restatements that address complex legal topics and propose reformed legal frameworks for consideration by courts and legislatures.
  • Model Codes Model legislative texts developed by ALI to provide template statutory language for adoption by legislatures.
  • ALI CLE (Continuing Legal Education) Professional development programs and conferences for legal practitioners, including the annual Accountants' Liability Annual Conference, delivered in-person and virtually.
  • Reasonably Speaking Podcast Podcast series featuring discussions on legal topics, judicial independence, and rule of law issues, co-produced with the Bolch Judicial Institute of Duke Law School.
  • ALI Video Library Online repository at media.ali.org of video recordings of ALI meetings, events, and educational content.
  • Trial Manual for Defense of Criminal Cases Trial manual publication available in electronic form for criminal defense practitioners.
  • ALI Style Manual Style manual for ALI publications.
  • ALI Membership Elected membership in the American Law Institute for lawyers, judges, and law professors, providing governance participation, member directory access, and engagement in ALI projects.

Companies that use American Law Institute

Customer profile

Segments5 records

Ideal customer profiles4 records

American Law Institute technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

American Law Institute partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • Bolch Judicial Institute of Duke Law SchoolcoreStrategic or Co-development PartnerJoint podcast production partnership for 'Reasonably Speaking' and 'Judgment Calls' podcasts. The Bolch Judicial Institute, led by David F. Levi (ALI President), co-produces these podcast series with ALI, bringing together judicial perspectives on rule of law and constitutional issues.
  • Uniform Law CommissioncoreStrategic or Co-development PartnerBoth organizations have launched major reform projects to rewrite the rules governing conflict-of-trust laws, which are widely regarded as inadequate under the existing 1971 Restatement (Second) of Conflict of Laws. This collaboration addresses cross-border trust litigation issues affecting billions of dollars in trust assets.
  • Cornerstone ResearchminorGTM or Marketing PartnerCornerstone Research is a sponsoring partner for the ALI-CLE Accountants' Liability Annual Conference 2026 in Washington, DC. The conference brings together industry leaders, legal practitioners, and U.S. agency regulators to examine emerging trends and enforcement activity.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

American Law Institute competitors and assessment

Company assessment

Broad incumbents

  • Cengage Group: Cengage Group is a large educational publisher serving higher education markets including law-related courseware. As a broader incumbent, it competes with ALI for institutional buyer share in legal education publishing.
  • LexisNexis (RELX): LexisNexis is a leading legal research and publishing platform with case law, statutes, treatises, and Matthew Bender treatises. It competes with ALI's scholarly publications through its own treatise catalog and legal research tools.
  • Westlaw (Thomson Reuters): Westlaw is a dominant legal research platform offering case law, statutes, and secondary sources including treatises. It is a broad incumbent in the same legal information ecosystem where ALI's Restatements are used and cited.
  • Bloomberg Law: Bloomberg Law provides legal research, analysis, and practice tools. As a broader legal information incumbent with a wider product portfolio, it competes indirectly with ALI for institutional buyer spend on legal research and reference.
  • Wolters Kluwer Legal & Regulatory: A division of Wolters Kluwer producing legal reference, compliance, and regulatory information products (including Aspen Publishing). It overlaps with ALI's Restatement-style reference works and law school casebooks but operates as a commercial publisher at much greater scale.

Emerging players

  • HeinOnline: HeinOnline is a digital legal research database specializing in legal history, law journals, and government documents. It serves overlapping customer segments (law schools, law libraries) with a complementary rather than directly competing product set.

Direct peers

  • Uniform Law Commission: The Uniform Law Commission drafts model state legislation and is ALI's collaboration partner on conflict-of-laws reform. Both organizations convene leading legal minds to produce authoritative legal frameworks, making them directly comparable in mission.
  • Practising Law Institute (PLI): PLI is a nonprofit that delivers continuing legal education programs and publishes legal treatises, handbooks, and course materials. It is the closest direct peer to ALI in combining CLE programming with authoritative legal publishing for practicing attorneys.
  • Aspen Publishing (Wolters Kluwer): Aspen Publishing produces law school casebooks, study aids, and legal reference works used in legal education. It is directly comparable to ALI's scholarly publishing mission for law students and academics.
  • Foundation Press: Foundation Press is a leading publisher of law school casebooks and treatises. It competes with ALI for legal education budgets and shares ALI's focus on authoritative legal scholarship for the academic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

American Law Institute social profiles

Digital presence

American Law Institute financial estimates

Financial estimate

Revenue estimate

Valuation estimate

American Law Institute leadership team

Management profile

Number of profiles

Profiles3 records

American Law Institute subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

American Law Institute funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

American Law Institute M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about American Law Institute

What does American Law Institute do?

The American Law Institute produces authoritative scholarly legal publications—Restatements of the Law, Principles of the Law, and Model Codes—that synthesize case law and propose principled legal frameworks for courts, legislatures, and legal practitioners. It also operates a membership organization for elected lawyers, judges, and academics, and delivers Continuing Legal Education (ALI CLE) programs, a podcast series, and an online video library for the U.S. legal profession.

Is American Law Institute a public or private company?

American Law Institute is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was American Law Institute founded?

American Law Institute was founded in 1923. It employs 51 to 100 people.

Where is American Law Institute based?

American Law Institute is headquartered in Philadelphia, United States, in the North America region.

How does American Law Institute make money?

Four revenue lines are on record. Publications Sales are the primary driver. The others are membership Dues, CLE Programs and donations and Gifts.

Who are American Law Institute's main competitors?

Broad incumbents on record are Cengage Group, LexisNexis (RELX), Westlaw (Thomson Reuters), Bloomberg Law and Wolters Kluwer Legal & Regulatory. HeinOnline is listed as an emerging player. Direct peers are Uniform Law Commission, Practising Law Institute (PLI), Aspen Publishing (Wolters Kluwer) and Foundation Press.

Does American Law Institute have an API?

No public API is recorded for American Law Institute.

What industry is American Law Institute in?

American Law Institute's product category is Legal Scholarly Publications. Its primary akta.pro industry code is MPAJACAA, Legal & Regulatory Publishing (Case Law, Statutes, Treatises), with a secondary code of EDAGAGAB, Legal Reference (Statutes, Case Law, Practice Guides). Its NAICS code is 5411 and its SIC code is 2731.

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Live signals
Business Wire BlogFormer Texas Chief Justice Wallace B. Jefferson Installed as President of the American Law InstituteWallace B. Jefferson, former Texas chief justice, was installed as president of the American Law Institute at the close of its 2026 annual meeting. He begins a three-year term, succeeding David F. Levi, and brings state-court expertise to the organization.AliJ. Harvie Wilkinson III and Diane P. Wood Presented ALI’s Henry J. Friendly MedalThe American Law Institute (ALI) awarded its Henry J. Friendly Medal to Judges J. Harvie Wilkinson III and Diane P. Wood in recognition of their distinguished careers and contributions to the federal judiciary. The award honors their intellectual rigor, service to the law, and leadership within the legal community, with Judge Wood also serving as the ALI's first female Director.Cornerstone ResearchALI-CLE Accountants’ Liability Annual Conference 2026Russell Molter, a principal at Cornerstone Research, will join a panel at the ALI-CLE Accountants' Liability Annual Conference 2026 in Washington, DC, discussing how global and domestic events impact professional standards and liability risks in accounting. The conference, hosted by the American Law Institute Continuing Legal Education, brings together industry leaders, legal practitioners, and U.S. agency regulators to examine emerging trends and enforcement activity. Cornerstone Research is sponsoring the event.Wealth ManagementTrusts Without BordersThe American Law Institute and the Uniform Law Commission have both launched major reform projects to rewrite the rules governing conflict-of-trust laws, which are widely regarded as inadequate under the existing 1971 Restatement (Second) of Conflict of Laws. Billions of dollars in trust assets have moved across borders to exploit differences in state trust law, fueling estate-planning strategies that depend on how courts resolve trust conflicts. The article discusses the increasing differentiation of state trust law and the growing importance of conflict-of-trust rules in cross-border estate planning.Digital Music NewsAmerican Law Institute ‘Copyright Restatement’ Project Under FireThe American Law Institute's (ALI) Copyright Restatement project is facing mounting opposition, with the Copyright Restatement Transparency Project (CRTP) announcing its petition against the project has surpassed 500 signatures. Former participants who resigned from the project allege that ALI refused to address repeated concerns raised by professional organizations, law professors, copyright experts, the U.S. Copyright Office, and Congress regarding significant inaccuracies, omissions, and mischaracterizations of copyright law. Stakeholder groups including the Society of Composers & Lyricists and the Copyright Alliance argue the Restatement undermines established copyright law and could harm creators by advancing controversial legal interpretations that conflict with the Copyright Act.AliJ. Harvie Wilkinson III and Diane P. Wood to Be Presented ALI’s Henry J. Friendly MedalThe American Law Institute (ALI) will present the Henry J. Friendly Medal to J. Harvie Wilkinson III and Diane P. Wood at its 2026 Annual Meeting on May 20. The award recognizes their significant contributions to the law, with Pierre N. Leval serving as the presenter for the honor.AliALI Elects Wallace B. Jefferson, Former Chief Justice of the Supreme Court of Texas, as Its Next PresidentThe American Law Institute (ALI) has elected Wallace B. Jefferson, former Chief Justice of the Supreme Court of Texas, as its next President, effective after the 2026 Annual Meeting in May. This leadership transition follows the conclusion of President David Levi's tenure, with Jefferson assuming a role that involves chairing the Executive Committee and guiding the Institute's strategic direction.Forbes IndiaAmendments to the US commercial code exclude crypto from electronic money categoryA joint committee of the Uniform Law Commission and the American Law Institute approved final draft amendments to the Uniform Commercial Code, adding "controllable electronic records" covering crypto assets and NFTs while excluding electronic money, promissory notes and accounts receivable. The changes appear in Articles 3, 9 and a new Article 12, and are recommended for enactment in all states.PR NewswireProposed Changes to State Criminal Law Could Put Child Safety at RiskThe American Law Institute is preparing to vote on May 17 on sweeping revisions to the Model Penal Code that would significantly roll back child safety laws, including eliminating public access to sex-offender registries and exempting buyers of children for sex from trafficking charges and registration requirements. The National Center for Missing & Exploited Children and other organizations strongly oppose these changes, warning they would reverse decades of protections and contradict federal trafficking laws enacted since 2015. Many states rely on the Model Penal Code as a framework for their criminal laws, meaning adoption of these revisions by state legislatures could have broad national impact on child protection measures.PR NewswireTerry Fox and Faisal Moghul Co-Publish Article on 'Caveat Emptor vs Seller Disclosure in Residential Real Property Conveyances' With the ALI-CLEAttorneys Faisal Moghul and Terry L. Fox of Fox & Moghul published an article titled "Caveat Emptor vs Seller Disclosure in Residential Real Property Conveyances" featured in The American Law Institute Continuing Legal Education's The Practical Lawyer journal (April 2021 edition). The article provides a legal framework for buyers and sellers of used residential real estate in Virginia, covering topics including pre-purchase due diligence, seller disclosure duties, latent versus patent defects, and statutory disclosure requirements under Virginia law. Fox & Moghul is a Fairfax, Virginia-based boutique litigation firm specializing in complex real estate and commercial disputes.