1.  The IPF seminar is a good class if you are interested in seeing what corporate work will be like. There is a lot of assigned reading and in general you can skim a good portion of it, but otherwise it is good class. Prof. Niehuss is very nice but expects people to keep up (which is something that not everyone does). The best part is that you can ask for an extension of the final paper and he is generally willing to grant one up to two weeks after the finals period - which can be a huge help.

2.  Niehuss is a very well-meaning man, kind, open to entertaining any requests, to explaining things to you again, meeting with you to talk about your paper, etc. He is very willing to help with your final paper--he provided various students with sources, was always on the lookout for news that related to the class, and he went through my paper with me almost line-by-line on the phone. He is flexible about when the paper should be turned in, although he prefers that you turn it in at the end of finals. I think he really appreciates student interest and interaction and really wants to get to know you. The class, however, can be rather boring and tedious. Discussion isn't amazing and there often were long silences when Niehuss would ask a question. I think part of this comes from the fact that Niehuss is not a natural-born professor and this is I think only his third year teaching the seminar.

3. I have taken several seminars in law school, and IPF was by far the best in my opinion.  However, if you are not interested in transactional work, and/or have qualms talking about large-scale infrastructure (e.g. toll roads, dams, airports, etc.) and mineral extraction projects (e.g. oil & gas, mines, etc.) in the developing world (see lower environmental standards and governments displacing indigenous peoples), it may be best to avoid this class.  Environmental and human rights concerns are becoming more important in project finance, but they are one part of a large picture and are not the focus of the class.  I think the “long silences” in class were due less to Prof. Niehuss and more to many members of the class possessing an inability or unwillingness to talk about these types of projects in any kind of manner that could be construed as positive.  If you are interested in project finance, take this class, you will learn a tremendous amount from an expert in the field.  Also, as other posters mentioned, he is very helpful and flexible regarding the paper.  He will meet with you as often as you like and will provide very insightful feedback.

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