Often what gives a law school that added bit of competitive edge is the generosity of some alumni who wishes to repay his alma mater for their part in their success. Daniel L. Doctoroff, the chief executive of Bloomberg, and 1984 graduate of the University of Chicago Law School, as well as his wife, Alisa Doctoroff, president of the UJA-Federation of New York, have given $5 million to Daniel’s law school, to fund a business leadership program.
One of the perks of philanthropy is funding one’s values, of putting money into programs and initiatives that resonate with one’s personal values. In Doctoroff’s case, he has found that having a sound business sense is especially important in the legal market nowadays.
“Throughout my career in government, in business, as an investor and C.E.O., I’ve worked with hundreds of lawyers across dozens of fields,” said Doctoroff, according to Dealbook.com. “Time after time, I’ve seen the value of lawyers who have fundamental business and financial skills, no matter their field of specialty.”
Though Mr. Doctoroff joined Bloomberg in 2008, first as its president, and later as is chief executive, he made his fortune on Wall Street through the private equity firm Oak Hill Capital Partners.