Chico Economics Graduate Careers - Law

Adam BialoskyAdam Bialosky

Adam Bialosky graduated from Chico State with a B.A . in economics with honors in 1983 and he graduated from Georgetown University Law Center with a J.D. in 1987. He has been a lawyer for the Federal Deposit Insurance Corporation for more than 5 years. Prior to that, he was a lawyer with the Office of the Comptroller of the Currency for 21 years. His duties in both jobs are very similar.

Adam brings enforcement actions against banks and bankers that violate federal laws and regulations or that engage in unsafe or unsound banking practices. He also provides legal advice to the FDIC, and legal interpretations to the banking industry, concerning federal laws and regulations governing banking. In addition, he provides legal review of corporate applications filed with the FDIC concerning expansion of banking activities, bank mergers and acquisitions, the addition of officers and/or directors at problem banks, expansion of banking locations, change in bank control, and other areas.

In a recent email, Adam stated that "My economics degree from Chico State prepared me for law school at Georgetown University and a subsequent legal career in bank regulation by providing me with a solid foundation in economics and finance, and enabling me to develop strong critical thinking skills through rigorous coursework."


Stuart CasillasStuart Casillas

Stuart Casillas graduated in 1996 with bachelor’s degrees in economics and strategic management. He went to Ohio State where he received his law degree in 1999. He is now a partner in the corporate group for Kirkland & Ellis LLP's San Francisco office. Stuart is a merger and acquisition partner focusing his practice on the representation of private equity funds and their portfolio companies. Stuart acts as lead counsel in various private equity transactions, including going-private transactions, leveraged and management buyouts, growth equity investments, divestitures, restructurings and workouts, executive compensation matters, and various senior and subordinated debt financings. Stuart's clients range from private equity funds to public and privately held companies, both domestic and international. Stuart has negotiated and completed transactions in a wide variety of industries, including software, manufacturing, consumer products, computer hardware, post-secondary education, food service, retail, airline, financial services, oil and gas services, and logistics.

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Douglas SmithDouglas Smith

Douglas Smith graduated in 1995 with bachelor’s degrees in economics and music. “Long before I went to Chico State, my long term goal was to become a lawyer. That said, after obtaining my econ degree I found myself looking at possible JD/MBA programs and graduate economics programs. I ultimately went with the law, but it was a tough decision,” according to Douglas.

He finished McGeorge School of Law first in his class of 250. Douglas is now a shareholder in Florida’s premier environmental law firm, Hopping Green and Sams, where he litigates cases that often involve real estate issues.

“Economics was extremely useful in law school, both in helping me grasp the subject matter and in problem solving,” Douglas recently stated in an email. He continued, “In practice it is even more useful. Too often, opponents (both principals and their clients) can lose sight of the economic constraints and opportunities posed by legal problems. My best clients are the ones who can keep their emotions at bay and look at matters from an objective, economic standpoint. The fallacy of sunk costs is another concept that arises regularly. Overall, economics is an excellent degree program for those seeking out careers in the law.