National Law University Jodhpur (“NLUJ”) in collaboration with Allen and Overy (“A&O”) is hosting the first edition of the International Deal Negotiation Competition. I would humbly request you to post on your platform, information regarding the Competition, to enable students of law referring to your website to know the relevant information regarding the Competition.
About the University
Established in 1999, National Law University, Jodhpur is a public law school and one of India's premier law schools. The University is known worldwide for its academic excellence and for having a focused approach on managing contemporary legal issues in the fast-evolving global environment.
About the Competition
The first edition of the Allen & Overy – NLUJ International Deal Negotiation Competition will be held from March 10-12, 2023. The Competition will host 32 teams across India and abroad, selected on the basis of the Universities experience and achievements in the field of Alternative Dispute Resolution.
The competition will span over the course of the weekend, and include the opening ceremony, a training session by A&O and a networking session for participants. It will also include two preliminary rounds, a formal socials event, and the closing ceremony & announcement of awards.
Format of the Competition
In this practical simulation of a commercial negotiation, two teams (each consisting of a participant acting as a client and counsel) will compete for around one hour. Terms like mergers and acquisitions, joint ventures, investment instruments, etc. will all be on the table during negotiations. The organizers’ goal is to write a proposal that is useful, informative, and comprehensive.
The problem will be unveiled in two parts for this competition. Participants will have access to the “General Information” a few months before the event, which will provide context for the proposed transaction. Participants will be tasked with determining what the clients’ business needs are and developing strategies to meet those demands. Additional information (such as financial information, obligations, etc.) about the company, its requirements, and its strategy will be provided in the “Confidential Information.” This exercise will put the participants’ abilities to think logically and represent clients’ interests under pressure.
Eligibility
Each team will consist of two members, representing the client and the counsel. Both negotiators shall be full time undergraduate students who would be required to represent their clients in the negotiation of deals in a commercial set up. The Competition is open to all students currently enrolled in full time undergraduate degree courses in law.
Process for Registration
The Expression of Interest for Universities is now live. The last date for Expression of Interest is November 23, 2022. Interested Universities may register their interest by filling the google form at: shorturl.at/kuJX1
The Registration for the Competition will be on a rolling basis, which will be held on an invite only basis. Shortlisted universities will be formally invited by the end of November, 2022.
Queries regarding the Competition
Any queries regarding the event may be directed to info.idnc@nlujodjpur.ac.in.
Thank you for your time and cooperation. Kindly let us know if any further information is required. Looking forward to working with you in the future!
For queries or clarifications, please feel free to write to us at adr.nluj@gmail.com or ao.idnc@nlujodhpur.ac.in.