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Monica Llorente

Assistant Professor of Law


Professor Monica Llorente is an Assistant Professor of Law at Loyola University Chicago School of Law, where she teaches Business Organizations and Securities Regulation. Her scholarship sits at the intersection of business law, contracts, new technologies, and public interests. She is the co-author of Drafting Contracts: How and Why Lawyers Do What They Do (3rd ed. 2024), and her current research examines Delaware public benefit corporations, generative AI, and contracts and private ordering in collective action and social movements.

Professor Llorente is an active leader, trainer, and writer in contract drafting and business entity development, with the goal of making agreements, commercial laws, and practices more accessible to everyone. She trains attorneys and corporate employees on business law, contracts, and negotiations in the United States and abroad and has represented clients in different types of transactional matters. She has been appointed by U.S. Senators Dick Durbin and Tammy Duckworth to the Judicial, U.S. Attorney, and U.S. Marshal Screening Committees for the Northern District of Illinois, serves on the Executive Committee of the Association of American Law Schools’ Nonprofit & Philanthropy Law Section, and has held leadership roles in the American Bar Association, the Federal Bar Association, and HLAI - Hispanic Lawyers Association of Illinois (HLAI). Her honors include the Chicago Bar Association’s Vanguard Award (2024) and the Hispanic National Bar Association’s Affiliate of the Year Award (2026), received as an executive committee member of the HLAI Rapid Response Team.

Before joining Loyola, Professor Llorente taught at the Northwestern Pritzker School of Law for many years and began her legal career as a corporate associate at Baker & McKenzie in Chicago. She also represented young people in judicial and administrative proceedings and worked with young people in national campaigns to change education and juvenile justice policies, co-founding the Dignity in Schools Campaign and the School Discipline Working Group, among other projects and entities. Before law school, Professor Llorente was a teacher for K-12 students. She enjoys helping students and lawyers at all levels and from all backgrounds figure out where they want to go next in their careers, and she is committed to making legal documents and processes clearer and easier for everyone to understand and use.

Education

Northwestern University Pritzker School of Law, J.D.
Duke University, A.B. in Comparative Area Studies and Political Science

Professional/Community Affiliations

Association of American Law Schools, Section on Nonprofit & Philanthropy Law, Executive Committee Member

Judicial, U.S. Attorney, and U.S. Marshal Screening Committees, Northern District of Illinois, Member

American Bar Association, Children’s Rights Litigation Committee

Hispanic Lawyers Association of Illinois

Federal Bar Association, Chicago Chapter (2021–2024)

Courses Taught

Business Organizations
Securities Regulation

Publications/Research Listings

Monica Llorente, Public Benefit, Private Power: Delaware PBCs, GenAI, and the Limits of Corporate Accountability (forthcoming, work in progress).

Monica Llorente, Contracts and Private Ordering in Collective Action and Social Movements (forthcoming, work in progress).

Monica L. Llorente, Drafting Contracts: How and Why Lawyers Do What They Do (4th ed. forthcoming 2028)

Monica Llorente, A Tribute to Len and the Len Way, 21 NW. J. L. & SOC. POL’Y 345 (2026).

Tina L. Stark & Monica L. Llorente, Drafting Contracts: How and Why Lawyers Do What They Do (3rd ed. 2024)

Monica L. Llorente, Artificial Intelligence and Technology in Contract Drafting, Aspen Publishing (2024). Public Link Not Available – Available Upon Request.