Steve Lerman, W'69, to Receive Wharton Award at Dinner 6/14

Prominent DC Communications "Super Lawyer,"
Managing Partner of His Law Firm,
Dedicated Son of Penn and Wharton
and Co-Chair of Successful Scholarship Drive
to Receive Prestigious Joseph Wharton Award at 38th Annual Dinner

Steve Lerman graduated in 1969 with a B.S. in Economics from Wharton, majoring in industrial management and finance, following in the footsteps of his father and uncle, who both attended Wharton in the 1940’s. While at Penn, he was the Vice President of his Senior Class, Chancellor of the Tau Epsilon Phi Fraternity in 1968 and 1969, and a member of the Sphinx Honor Society. He earned his J.D. from George Washington University Law School in 1972, with honors and admission to the academic honors society Order of the Coif.

Mr. Lerman joined the DC communications law firm of McKenna, Wilkinson & Kittner as an associate attorney in 1972, and became a partner in 1978. In 1985, he co-founded the firm Leventhal Senter & Lerman PLLC, also specializing in communications law and which now has over 30 lawyers. He has served as the firm’s Managing Partner since 2000.

Mr. Lerman’s specialty is broadcast regulation and First Amendment-related issues. He has represented a wide array of high-profile corporate and individual clients in the radio and television industry for thirty-five years. He has also served as a Member of the Boards of Directors of three major, publicly-traded companies in the radio industry -- Infinity Broadcasting Corporation, Premiere Radio Networks, Inc. and Westwood One, Inc. He currently serves as outside General Counsel of CBS Radio, one of the largest radio companies in the United States, operating 144 radio stations in 30 markets. In 2007, he was designated a “Super Lawyer” by Washington DC Super Lawyers Magazine, and he has been profiled in the George Washington Law School Alumni Magazine and the Penn Gazette.

Mr. Lerman is a member of the DC Bar, the U.S. District Court for the District of Columbia, and the U.S. Courts of Appeal for the Fourth, Ninth and DC Circuits, and the Federal Communications Bar Association. He was a member of the FCBA Committee on Professional Responsibility from 1989-91. He is the author or co-author of numerous articles and handbooks dealing with broadcast regulation.

Mr. Lerman has spent the last decade on another passion -- raising funds for undergraduate financial aid, both at Penn and George Washington University. At Penn, in 1997 he chaired a committee which established The Alzie Jackson Tau Epsilon Phi Memorial Scholarship, funded by hundreds of TEP fraternity brothers. The Jackson Scholarship has a current endowment of almost $650,000, and honors the forty-year legacy of that Fraternity’s legendary and beloved Houseman. Subsequently, he co-founded and raised over $200,000 for the Marty Sender Memorial Scholarship, honoring the memory of one of his late fraternity brothers at Penn.

He personally established the Steven A. Lerman Merit Scholarship at George Washington University Law School, which is awarded to a student who has received his or her undergraduate education at Penn, as well as the Steven A. Lerman Family Endowed Scholarship at Penn. He also serves as a Director, and from 2002-06, the Vice President of Development, of Penn’s Mid-Atlantic Regional Advisory Board.

He recently co-chaired a Scholarship Initiative which, over a period of two years, raised $7.5 million for financial aid, providing full scholarships to 25 financially disadvantaged Penn students, in perpetuity. He is also a member of Penn’s Undergraduate Committee on Student Financial Aid and serves on the Dean’s Advisory Board at George Washington University Law School.

He and his wife Charla, a graduate of the University of North Carolina at Chapel Hill, reside in Potomac, Maryland and are the proud parents of Stephanie (C’, 2002), Emily (C’, 2004), Jeremy (C’, 2007) and Zachary, a freshman at the University of Wisconsin.