The money will fund scholarships and professorships at the University of South Carolina’s law school, which will be renamed for the donor.
University of South Carolina
Joseph Rice gave $30 million to establish and endow a scholarship fund for law school students that will back full and partial scholarships and establish several new professorships within the newly named Joseph F. Rice School of Law. The money will also support stipends for students completing a children’s law concentration, as well as career, professional development, and other programs for law students.
Rice is a trial lawyer who co-founded Motley Rice, a law firm with headquarters in Mount Pleasant, S.C. He is known in legal circles for negotiating the $206 billion Tobacco Master Settlement Agreement, a historic 1998 settlement between the four largest U.S. tobacco companies and 46 states seeking to recover health
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