(NYT24) PALO ALTO, Calif. -- July 2, 2004 -- Adv. for Sun., July 4 -- DIRECTORS-SCHOOL-2 -- William S. Lerach, a plaintiffs' lawyer in shareholder cases at the Directors' College in Palo Alto, Calif., on June 22, 2004. For 10 years on the Stanford campus in Palo Alto, Calif., Joseph Grundfest has run the Directors' College -- a sort of boot camp for those so eager to serve shareholders faithfully that they dedicate three days of their lives to learning what Grundfest describes as "best practices in corporate governance." (Peter DaSilva/The New York Times)