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If, like us, there was a point in your life where you were torn between pursuing fashion and studying law (true story), then you might be pleased to hear that Fordham Law School is creating a Fashion Law Institute, the first of its kind. Supported by the CFDA, the institute will "serve as a resource for law students interested in fashion as well as design students and designers by offering them information and counsel on specific fashion industry issues," says WWD. "There are so many issues the industry has questions and needs advice on, and we need legal professionals who are prepared to answer the questions," says law school prof Susan Scafidi. "This institute will fill that gap in terms of training lawyers and hopefully also reaching out to emerging designers and students, because the best way to stay out of legal trouble is to know as much about the law as you can." [WWD]