According to the outline of the competition available through the Wayne State website, “teams from different schools will focus on drafting and revising a transactional agreement as well as completing a mark-up of opposing counsel’s draft. Finally, the teams from each law school will come together to participate in a day of live negotiations. Each team will compete in two rounds of negotiations.”
The Charleston Law team, which is coached by Professor Jean Steadman, will be represented by Transactional Law Team members Lauren Tuffo and Amanda Cummings.
The event will be judged by a distinguished group of Metro Detroit M&A attorneys, who will review both the drafts and the negotiation sessions.
Following each negotiation session, the judges will provide each team with individualized feedback and determine which teams represented their clients the most effectively based on various guidelines.
The Jaffe Transactional Law Competition was founded in 2014 by former Wayne law students in an effort to provide law students with practical exposure to the practice of transactional law. Since its inception, the competition has helped students develop critical transactional law skills.