Lisa Bernstein's research interests are in the areas of private commercial law and child custody. She studies industries that have opted out of the public legal system and have replaced it with privately drafted commercial codes and arbitration tribunals to resolve disputes.
After obtaining a B.A. in economics from the University of Chicago (1986) and a J.D. from Harvard Law School (1990), Professor Bernstein served as a clerk for the U. S. District Court for the District of Massachusetts and was a visiting research fellow in law and economics at Harvard Law School. She began teaching at Boston University in 1991 and, after visiting at the University of Pennsylvania and the Georgetown Law Center, joined the Georgetown faculty in 1995. After visiting the University of Chicago in the fall of 1997 and Columbia Law School in the spring of 1998, Professor Bernstein joined the Chicago faculty.