Paul H. and Theo Leffmann
Professor of Commercial Law
The Law School
The University of Chicago
1111 East 60th Street
Chicago, IL 60637
Bus: (773) 702-0864
Fax: (773) 702-0730

Link to Academic Bio

Randy Picker graduated from the College of the University in 1980, cum laude, with a Bachelor of Arts in economics and was elected to Phi Beta Kappa. He then spent two years in the Department of Economics, where he was a Friedman Fellow, completing his doctoral course work and exams. He received a masters degree in 1982. Thereafter, he attended the Law School and graduated in 1985 cum laude. He is a member of the Order of the Coif. While at the Law School, Mr. Picker was an associate editor of the Law Review. After graduation, Mr. Picker clerked for Judge Richard A. Posner of the United States Court of Appeals for the Seventh Circuit. He then spent three years with Sidley & Austin in Chicago, where he worked in the areas of debt restructuring and corporate reorganizations in bankruptcy.

Mr. Picker is a member of the National Bankruptcy Conference and served as project reporter for the Conference’s Bankruptcy Code Review Project. He is also a commissioner to the National Conference of Commissioners on Uniform State Laws and serves as a member of the drafting committee to revise Article 9 of the Uniform Commercial Code.

Mr. Picker’s primary areas of interest are the laws relating to competition policy and regulated industries, capital formation and redeployment, and applications of game theory and agent-based computer simulations to the law. He is the co-author of Game Theory and the Law. He currently teaches classes in Antitrust; Network Industries; Technology Innovation and Society; The Legal Infrastructure of High-Tech Industries and the Workshop in Law and Economics. He also regularly teaches commercial transactions, secured transactions, bankruptcy, and corporate reorganizations. He served as associate dean from 1994-96.