December 18, 2019
Jaffe Raitt Heuer & Weiss Supports University of Michigan Law School Corporate Counseling Competition
SOUTHFIELD, MICH., December 18, 2019 – Jaffe Raitt Heuer & Weiss supported the University of Michigan Law School’s first Corporate Counseling Competition on November 9th with both sponsorship and judging.
The event, which was founded by one of Jaffe’s 2019 summer associates and University of Michigan Law student Alex VanDerKolk, included six teams of five randomly assigned JD and MBA students. The teams served as consultants to a “public company” for which they were provided with a common set of facts and documents known to all competitors. The teams were tasked with evaluating the business potential and risk of strategic alternatives in response to an industry-wide regulatory change involving the National Currency Act and the recently promulgated regulation allowing for fintech companies to submit National Bank Charter applications. Based on their analysis, the teams presented their recommendation(s) in the form of a PowerPoint presentation in a panel format to the board of directors (a.k.a. the judges).
“Despite their close proximity on campus, business and law students have limited opportunities to work collaboratively together before graduation,” said Jaffe attorney and event judge Jon Sriro. “The professional disciplines are highly connected, but discussion within the classroom, at times, masks their interdependence. While developing a strong background rooted in the respective fundamentals is necessary for a successful career in either professions, it is equally, if not more, important to be able to effectively and efficiently navigate where they intersect on a regular basis.”
The winners of the competition included:
Best Drafting for Sell-Side Counsel Team: Matt Shina, and Mohamad Zawahra
Best Drafting for Buy-Side Counsel – Phillip Washburn, and Hayley Wolf
Overall Best Sell-Side Counsel Team: Sean McCroskey and Matt Piggins
Overall Best Buy-Side Counsel Team: Rana Eid and Chuck Mahone
“We are hoping that this will become an annual event,” said Sriro. “It fills a much needed gap between disciplines and allows us to give back to the next generation of business and transaction leaders. We look forward to the opportunity to support it again next year.”
About Jaffe Raitt Heuer & Weiss Michigan-based Jaffe Raitt Heuer & Weiss, P.C. is full-service business law firm representing and advising entrepreneurs and businesses nationwide. Focused on results, invested in relationships and driven by opportunity, Jaffe has over 110 attorneys in its Southfield, Detroit, Ann Arbor and Naples offices.
Among the Firm’s practice areas are appellate, aviation & aerospace, electronic payments law, emerging & growth business, employment & labor, environmental law, estate & wealth planning, executive compensation & employee benefits, family law, finance, first amendment & media law, franchising, immigration, impact investing & social enterprise, insolvency & reorganization, insurance, intellectual property & information technology, litigation & dispute resolution, mergers & acquisitions, privacy & data security, real estate, securities & corporate governance, securities litigation & enforcement defense, tax, and white collar criminal defense.