William Mitchell students Caitlin Grom and Peter Snyder used their deal-making skills to win the Transactional LawMeet® competition Friday, March 29, at Drexel Law School in Philadelphia.
The competition is the premier “moot court” experience for students interested in a transactional practice, presenting essential challenges in transactional problem solving–the very type that corporate departments at law firms and in-house counsel at corporations tackle on a daily basis.
This year’s competition began six weeks ago with teams from 74 schools competing to draft and negotiate most effectively.
Grom and Snyder won the Midwest Regional competition in February, which qualified them for the national championship. The final rounds included 12 teams from six regions of the country—the University of Southern California, the University of California-Davis, Northwestern, Baylor, the University of Mississippi, Yeshiva University, Hofstra University, the University of Georgia, John Marshall Law School, Benjamin Cardozo School of Law, Western New England University, Drexel University, and William Mitchell.
The Mitchell team was coached by Brian Wallenfelt, a current Mitchell student; Jaclyn Millner ’09; and Professor Greg Duhl.
“I’m very proud of Caitlin and Peter, who worked extremely hard for this accomplishment,” said Duhl. “I am also especially proud of how Mitchell’s negotiating and drafting curriculum has successfully built on our rich history of innovative and path-breaking skills instruction.”
The National Transactional LawMeet® forms a part of the LawMeet® competition, which is designed to give law students a hands-on experience in developing and honing transactional lawyering skills.
During the competitions, each team prepares a proposed draft agreement. Then each team prepares mark-ups to draft agreements prepared by the teams they will encounter during the competition. Finally, opposing teams negotiate the contours of the deal.
Each team represents one of the two parties to the transaction. This year the students drafted and negotiated an amendment to a stock purchase agreement.
And Mitchell’s team did it better than any other.