Informal academic and university fellows taking time with special papers (9)
I believe the answer is:
documents
'special papers' is the definition.
'documents' can be an answer for 'papers' (documents are particular papers). I'm not sure about the 'special' bit.
'informal academic and university fellows taking time' is the wordplay.
'informal academic' becomes 'doc' (informal form of 'doctor').
'and' says to put letters next to each other.
'university' becomes 'u' (abbreviation for university).
'fellows' becomes 'men' (I've seen this before).
'taking time' becomes 'ts' (I can't explain this - if you can you should give a lot more credence to this answer).
'doc'+'u'+'men'+'ts'='DOCUMENTS'
'with' is the link.
(Other definitions for documents that I've seen before include "Official papers" , "Pieces of written matter" .)