He taught at Northwestern University Law School from 1980 to 1983, the last year of which he was a visiting professor at his alma mater.
[2] During his time as dean, he famously tried to convince Barack Obama that his political career was finished following his resounding defeat to Bobby Rush for U.S.
[5] As an expert witness, Fischel testified on behalf of Charles Keating,[6] Ken Lay, and Jeffrey Skilling.
[7] His work concerning the collapse of Lincoln Savings and Loan upset plaintiffs' law firm Milberg Weiss, leading Fischel and Lexecon to file a defamation and abuse of process suit, which led to a Supreme Court decision about multi-district litigation (Lexecon Inc. v. Milberg Weiss Bershad Hynes & Lerach, 523 U.S. 26 (1998)) and a $50 million settlement paid to him and/or his firm.
Fischel co-authored with Frank Easterbrook The Economic Structure of Corporate Law (Harvard University Press, 1991).