Law of the United States
During Wechsler's tenure as director, the American Law Institute completed the second restatement of the Conflict of Laws, Contracts, Judgments, and Torts as well as the original restatement of Foreign Relations Law of the United States and large parts of the Second Restatement of Property. The Institute also conducted various studies in federal taxation and completed the Federal Securities Code, the Model Land Development Code, the Model Code of Pre-Arraignment Procedure, the Study of the Division of Jurisdiction Between State and Federal Courts, and made major revisions to the Uniform Commercial Code. The ALI's Principles of Corporate Governance and the current Restatement of Foreign Relations Law of the United States were also conceived, initiated, and developed under his direction.