Marc Stern L’27 is the CEO of Bessemer Trust, a wealth management firm based in New York City. On any given day he might be meeting with a client in Florida, then jump on a plane to see colleagues in California before heading back East. But, no matter where his work takes him, he manages to squeeze in studying law through the Syracuse University College of Law JDinteractive (JDi) program.
“I’m amazed at the breadth and depth of knowledge of my classmates working in fascinating jobs all over the world,” he explains. “It’s a great diversity of individuals in various stages of their careers bringing different life experiences. Everyone who has committed to the JDi program has the clarity of knowing why they are there.
Marc Stern L’27
A graduate of the Wharton School with a bachelor’s degree in finance and an MBA from the University of Virginia, Stern has worked in management consulting, strategic planning and wealth management for 30-plus years. And, while he’s not ready for retirement from Bessemer, Stern recently began thinking about what he might do next.
“Rather than retire down the road and golf or go to the beach, I want to find a way to make a difference,” he explains. “I’ve always been intrigued by the law. I work with general counsel every day and see the tremendous impact lawyers have with their clear thinking, careful analysis of complex situations and ability to communicate and weigh different perspectives. Going back to school is already making me better at my job. In the future, I’d like to combine my business experience with the law to do some good in areas outside of wealth management.”
Stern is considering two possible strategies for the next chapter—mediation/arbitration or working to assist nonprofits. He’s certain that using his business experience in either of these areas would be enhanced by formal legal training.
“I figured it was now or never,” says Stern, who is the third oldest student in his JDi cohort. “It’s a lot of work, but it’s about my desire to continue to learn, learn, learn.”
He was drawn to Syracuse’s JDi program for the flexibility of live online and asynchronous classes, as well as six required in-person, week-long residencies. “It’s rigorous, challenging and inspiring but also manageable,” he says, noting that he has visited campus twice so far for residencies on Legal Foundations, an introductory boot camp of sorts that all incoming students attend; and Legal Applications, which introduces practical skills like writing legal memos and negotiating settlements.
Stern credits outstanding faculty, like Professor of Law, Nina Kohn, who teaches Tort Law, for the quality of the program. “She’s a force of nature and a remarkable thinker,” he says. “Every minute in class has a purpose. Zoom doesn’t lead to an impersonal experience. You’d better be there, and you’d better be ready because the professor is going to call on you. One of my classmates said, ‘If you don’t come out of there knowing torts, then you weren’t paying attention.’”
The camaraderie among his cohort is another benefit of the JDi program. “I’m amazed at the breadth and depth of knowledge of my classmates working in fascinating jobs all over the world,” he explains. “It’s a great diversity of individuals in various stages of their careers bringing different life experiences. Everyone who has committed to the JDi program has the clarity of knowing why they are there. And, it’s a supportive environment, too, where you might respond in class and someone will write, ‘Good Answer!’ in the Zoom chat.”
Now completing his first year of the hybrid online program, Stern is pleased with his decision to pursue the JDi program.
“You give as much as you get, but don’t think for a minute that ‘hybrid’ means there are any shortcuts. It’s intense work, and you’d better be fully present and prepared,” he says. “I am grateful for the vision that Syracuse Law had a few years back that made this program possible. If the JDi program didn’t exist, I don’t think I could exist in law school. But now, I look forward to seeing where this experience leads me.”
