The Law and Economics Foundation St. Gallen (LEF, formerly MLE Foundation) was initially considered in July 2004 by Prof. Dr. Peter Nobel and Prof. Dr. Robert Waldburger et al. The foundation supports the program and serves as a link to the public as well as an instrument for practical dialogue. The foundation also fosters the collaboration between business and research as well as the exchange with national and international institutions in the field of Law and Economics.