Registration opened this week for the First Annual Transactional Law Competition at UVA Law. The Transactional Law Competition is a five week competition that culminates in a final mock negotiation on Friday, February 25, 2022. It is a great way for students who are interested in practicing corporate or transactional law to get experience. This competition is open to 2Ls and 3Ls to compete in two member teams. All necessary information, including identity of the team’s clients, for this negotiation will be released over winter break in a packet. The packet will include information about the clients, the types of agreements available to them, the facts surrounding the negotiation, and other resources to help them prepare. The competition will officially launch on January 28, 2022 with a Kick-Off event where professors will discuss different agreements and what factors participants might consider in a similar negotiation. Participants will work with their teammate to draft a term sheet which they will trade with their opposing counsel two weeks after the Kick-Off. After exchanging agreements, participants will have two more weeks to prepare for their mock negotiation. The negotiation will take place at Darden and start with a breakfast and end with a luncheon. The luncheon will be open to 1Ls and a great opportunity to network. Practicing lawyers will serve as judges for the negotiation and will judge the negotiating process. The winner will be announced at the end of the luncheon.
You can register for the competition at https://www. uvalawecvc.com/transactionallawcompetition. You will be able to sign up individually or with a partner. If you sign up individually, you will be paired with a teammate before the competition begins, and if you are registering as a team, please indicate the other member of the team when registering. Email Lauren Johnson (lnj6kq@virginia.edu) and Matt Cook (mpc8v@virginia.edu) with any questions.