October 13-14 was the Tenth Annual Securities Dispute Resolution Triathlon – a joint initiative of FINRA Office of Dispute Resolution and the St. John’s University Hugh L. Carey Center for Dispute Resolution.
For two days, 20 three-person student teams from 19 law schools around the country met to test their advocacy skills in the negotiation, mediation and arbitration of a securities dispute. The students and coaches were very grateful for the feedback and evaluations they received from FINRA arbitrators and mediators who provided them with “real world” experience.
What is the Triathlon?
As described on the event’s Webpage, “the Triathlon is not a competition of physical endurance, but of dispute resolution competence. Students play the roles of attorneys and clients, with some teams in the role of investor and others in the role of broker-dealer. Members of FINRA’s roster of experienced neutrals serve as mediators, arbitrators and judges, critiquing the student teams and offering the students an invaluable real-life experience. By challenging students to negotiate, mediate, and arbitrate in a single competition, this one-of-a-kind event gives students an opportunity to hone their advocacy skills in a realistic and comprehensive securities dispute experience.”
Impressive Number of Participating Schools
Below is a list of the participating schools and the results of the competition. For the Claimant, the following schools fielded Teams A-J: Team A – William & Mary; Team B – The University of Mississippi; Team C – University of Miami; Team D – University of Pittsburgh; Team E – Hofstra Law School; Team F – Brooklyn Law School; Team G – Cardozo Law School – A; Team H – Cardozo Law School – B; Team I – University of Texas; and Team J – University of Houston. For the Respondent, the following schools fielded Teams K-T: Team K – American University, Washington; Team L – University of Maryland; Team M – University of Nevada; Team N – New York Law School ; Team O – Syracuse University ; Team P – Rutgers University; Team Q – Pace University ; Team R – Texas A & M University; Team S – South Texas College School of Law; and Team T – Georgetown University.
The Overall Winner was the University of Pittsburgh (Team D); Negotiation Round Winner: University of Houston (Team J); Mediation Round Winner: University of Maryland (Team L); Arbitration Round Winner: Cardozo Law School (Team H); and Advocate’s Choice Winner: University of Maryland (Team L). The Advocate’s Choice is based on votes by competitors for the team that demonstrated skill, competence, and professionalism.
(ed: *A SAC h/t to the folks at FINRA-DR for providing the details that appear in this report. **More background on the Triathlon can be found on the event Webpage.) (SAC Ref. No. 2018-41-02)
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