St. John’s Hosts Third Annual Securities Dispute Resolution Triathlon

October 27, 2011

The Hugh L. Carey Center for Dispute Resolution and the Financial Industry Regulatory Authority (FINRA) recently hosted the third annual Securities Dispute Resolution Triathlon at St. John’s Manhattan campus. The Triathlon is a skills competition in which law students negotiate, then mediate, then arbitrate a realistic securities dispute. It is the only dispute resolution competition in which students engage in each of the three primary methods of alternative dispute resolution in a single event. Professional neutrals from FINRA’s roster serve as mediators, arbitrators, and judges, making the Triathlon a uniquely realistic lawyering experience.

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“The Triathlon provides aspiring lawyers with an invaluable opportunity to broaden their range of advocacy skills necessary to settle all types of disputes, not only securities disputes,” said Elayne E. Greenberg, Director of the Carey Center. “Our evolving legal profession needs lawyers who are settlement-competent, and the Triathlon helps participants get a competitive edge.”

This year, 24 teams from law schools around the country competed. A team from Pace University School of Law took the top prize, the overall Championship, and also won the arbitration round. Florida International University College of Law won the negotiation round, while William & Mary Law School won the mediation round. Texas Wesleyan School of Law won the Advocate’s Choice Award, given to the team voted by the other competitors as demonstrating the highest degree of effectiveness and professionalism.

“The students appreciated the evaluations and feedback from these veteran neutrals,” said Ken Andrichik, Vice President, Chief Counsel and Director of Mediation and Strategy for FINRA Dispute Resolution. “Over 90 FINRA arbitrators and mediators volunteered for the event. Many have participated each year. The neutrals enjoyed helping the students to hone their advocacy skills, knowing that some of these students will soon be appearing in front of them representing real clients.”

Next year’s Securities Dispute Resolution Triathlon will be held on October 13-14, 2012.