ABOUT THE LORANCE AND THOMPSON NEGOTIATION AND CONTRACT DRAFTING COMPETITION
The Lorance and Thompson Negotiation and Contract Drafting Competition presents several unique opportunities and challenges for UHLC students. A negotiation team consists of two students who play the role of attorneys. Through the course of several rounds in a one-day competition, teams are presented with several unrelated fact patterns that each include a summary of their client’s position and interests and are then given a limited time to negotiate a deal with another team that serves as an opposing party. Once the negotiation rounds are complete, each team has a few days to draft a contract that encapsulates the deal that was struck in one of the sessions.
The actual negotiations between competitors are not scored, rather teams receive points based on their ability to protect and secure their client’s interests in the deal that is struck between the teams in each round.
The written contracts are also scored and feedback is generously provided by attorneys at Lorance and Thompson, PC in Houston, TX. The scores and rankings from both parts of the competition are combined to determine the overall winner.
COURSE CREDIT & PRIZES
UHLC students can earn 1 hour of non-substantive competition credit by (1) making a good-faith effort in the Competition and (2) completing and timely submitting the writing assignment for the Competition that is described in the Competition Rules.
Click here to complete a Competition Credit Petition.
The overall winning and runner-up teams will receive a cash prize. The team that drafts the best contract will also be recognized.
LEARNING LUNCH & COMPETITION SIGN UP
The Advocates will kick off the signup period for the Lorance and Thompson Negotiation and Contract Drafting Competition with a Learning Lunch on campus that will provide an orientation to the negotiation competition and tips for competitors. Interested students can sign up at the Learning Lunch or at The Advocates table in The Commons.
Past Lorance & Thompson Negotiation and Contract Drafting Competition Winners
2015 Lorance & Thompson Negotiation Competition Learning Lunch: March 31
2015 Lorance & Thompson Negotiation Competition Signups: March 31 – April 8
2015 Lorance & Thompson Negotiation Competition Dates –
Negotiation Rounds: April 11
Contract Due by 12:01 a.m. April 19
Do you have questions or need more information? Email Chance Marshall, the 2014-2015 Lorance and Thompson Negotiation and Contract Drafting Competition Director.