“This organization allows students to gain practical skills for drafting and negotiating contracts,” says third-year Delaware campus student Peter Tsoflias of the Transactional Law Competition Team
that he helped form with fellow students Robert Crawley and Selena Schnauffer.
Peter felt that traditional law school education provided students with solid opportunities to hone trial advocacy skills, but he wanted a way to supplement his valuable classroom experiences with practical, hands-on transactional law experience that would be beneficial in the job market. Working with Assistant Professor Luke M. Scheuer
and Ruby R. Vale Professor of Corporate and Business Law and Institute of Delaware Corporate and Business Law
Director Larry A. Hamermesh
, the students put together a Transactional Law Competition team to participate in training, exercises, and mock-negotiations in order to develop vital transactional law skills with the ultimate goal of sending a team to compete at the regional Transactional LawMeet.
Peter found inspiration in part through his participation with LawMeets, a website created by Professor Karl Okamoto, the Director of the entrepreneurship law program at Drexel University’s Earle Mack School of Law. LawMeets offers students an opportunity to improve their lawyer-client skills by addressing hypothetical client problems with short video responses that are voted on by their peers. Legal experts then offer critiques of the highest rated student responses.
Both Peter and Robert have been involved with the Law School Advisory Board to explain the inspiration behind the Transactional Law Competition Team and to encourage other schools to offer similar boosts to their curriculum by forming their own teams. Peter also spoke about his efforts and his experiences with LawMeets for a recent article in U.S. News & World Report
Moving forward, Peter hopes that each year the Transactional Law Competition Team will conduct a training seminar to help new members learn basic contract drafting skills, contract interpretation skills, and basic contract negotiating skills in a business law context. The team will also compete in LawMeets online competitions and scrimmages and hopes to thrive at the regional Transactional LawMeet, where the inaugural team finished one spot out from continuing on last year.
“I’ve always had an interest in corporate, business, and transactional law,” says Peter, adding, “I thought that this was a wonderful opportunity to impress upon fellow students the need to set yourself apart from others by gaining practical skills and experience.”