The law school once again hosted the National Transactional LawMeet® on May 28 and May 29 with 3Ls Mauricio Cuellar, Eamon Gallagher, and Matthew Leaper, who won the mid-atlantic regional competition, competing in the national final this year.
The competition, conceived by Earle Mack School of Law Professor Karl Okamoto, aims to fill an unmet need in legal education, to prepare students who seek to be transactional attorneys on how to structure and negotiate a simulated "deal."
This year's scenario required student teams to negotiate a stock purchase agreement between two fictitious medical companies, American and Butler. Experienced practitioners from Drinker Biddle & Reath, LLP, Pepper Hamilton, LLP, Schnader Harrison Segal & Lewis, LLP, Reed Smith, LLP, and other esteemed transactional attorneys, judged the competition. The judges scored the teams on the students' agreement drafting, editing and negotiating skills.
In addition to learning by competing, students also enjoyed the additional benefit of receiving priceless feedback from the judges and watching the pros negotiate the same deal at the conclusion of the compitition.
Earle Mack School of Law 3Ls Cuellar, Gallagher, and Leaper, competed against teams from Atlanta's John Marshall Law School, Baylor Law School, Benjamin N. Cardozo School of Law, Hofstra Maurice A. Dean School of Law, Northwestern University Law School, UC Davis School of Law, University of Georgia School of Law, University of Mississippi School of Law, University of Southern California Gould School of Law, Western New England University School of Law, William Mitchell College of Law.
Ultimately, the best advocates for fictional clients American and Butler were crowned national champions, the William Mitchell College of Law for American and the University of Southern California Gould School of Law for Butler.