Monday, July 2, 2012
From the news release:
The Texas Wesleyan University Board of Trustees has approved a letter of intent for Texas Wesleyan University and Texas A&M University to enter into a strategic partnership that would provide premier legal education in the Dallas-Fort Worth metroplex for decades to come. Under the proposed multi-million dollar agreement, the school would be known as the Texas A&M School of Law at Texas Wesleyan University.
Some highlights from the release:
Under the agreement, Texas A&M would acquire ownership and operational control of the law school as a going concern and all faculty and staff of the law school would be employees of Texas A&M. Texas Wesleyan University would retain ownership and control of the law school building and four city blocks of land at the downtown Fort Worth campus and would lease the facilities to Texas A&M.
“The synergy of this strategic partnership is extraordinary,” said Kenneth H. Jones, Jr., chairman of Texas Wesleyan’s Board of Trustees. “Texas A&M stands to benefit from an already established, ABA-accredited law school. Fort Worth and the metroplex would lay claim to an institution poised for first-tier status. And Texas Wesleyan would gain new academic programs that drive our vision of preparing motivated students for graduate school.”
Among the future offerings would be a joint law school JD/Texas Wesleyan MBA program and also a Texas Wesleyan undergraduate/law school 3+3 program. These new programs exemplify how the partnership would allow for the development of collaborative academic programming that will have a lasting impact on students.
The agreement will be executed on or before June 1, 2013.