University of Pennsylvania

Law Review, one of the most cited law journals in the world). Under the deanship of William Draper Lewis, the law school was also one of the first schools to emphasize legal teaching by full-time professors instead of practitioners, a system that is still followed today.
The Wharton School was home to several pioneering developments in business education. It established the first research center in a business school in 1921 and the first center for entrepreneurship in 1973 and it regularly introduced novel curricula for which BusinessWeek wrote, "Wharton is on the crest of a wave of reinvention and change in management education." The university has also contributed major advancements in the fields of economics and management. Among the many discoveries are conjoint analysis, widely used as a predictive tool especially in market research, Simon Kuznets's method of measuring gross national product, the Penn effect (the observation that consumer price levels in richer countries are systematically higher than in …