Law students pursuing careers in litigation have their moot court competitions, but until recently those interested in transactional lawyering haven’t had the equivalent. Recognizing this need, Karl Okamoto, professor at Drexel University Earle Mack School of Law, created the Transactional Lawyering Meet last year. While 11 schools participated in its inaugural year, this year 29 schools from 14 states and Washington, D.C. came to Drexel to partake in the event, New York Lawyer reports.
As opposed to a moot court competition, at a transactional meet one has to “plan forward for events yet to come.” The two-day meet entailed two preliminary rounds, semifinal and final rounds. The teams also received “commentaries from a panel of judges, made up of practitioners from Am Law 200 law firms and financial firms, and general counsel offices in the region.”
With only one annual meet of this kind, thousands of law students are not easily afforded this opportunity, and Okamoto therefore hopes to work on a “Web-based version that would increase the frequency of the meet and make things easier time-wise on experts and judges.” Those who were fortunate enough to participate said they gained valuable experience and felt more confident at the prospect of encountering similar situations in the real world.
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