The Center for Law and Economics was founded in cooperation with Ivane Javakhishvili Tbilisi State University, and Tbilisi Open University.

The Center aims at studying the legislative, scientific and practical process in the fields of law and economics, as well as creating effective responses to problems and upcoming challenges, whilst informing the public with the results of the research.

The overall mission of the newly established Center is, to creative an environment, which will generate discussions and ideas on the issues of legislative and economic policies, conjunction with actively bringing practicing specialists and students to be involved in the platform.