A National Deal Negotiation and Mediation Competition CONCORDAT 2019 was organised by IFIM Law School on 7th-8th September 2019.
The flagship event of IFIM Law School was a combination of Negotiation and Mediation activity. The first edition of CONCORDAT (Neg-Med Competition) aimed at providing an avenue where students can experience two different forms of dispute resolution together.
Competition’s objective was to sharpen students legal, negotiation and intellectual skills.
In the first two rounds of the competition the participants underwent a brainstorming exercise and used their negotiation skills to the fullest whereas, in the last two rounds of the competition, their mediation skills were put on test.
The entire competition was be based on an investment deal.
The problem of the competition was based on Indian Bilateral Investment Model clubbed with Hyperloop Transportation Investment issues, to make the legal students aware and intrigued about the latest investment development.
The competition was successful in giving food for their thought.
Official Media Partner and Knowledge Partner of the event were Lawoctopus, Thiru & Thiru Law Firm, BIMACC, and The PACT.
The National Deal Negotiation-Mediation Competition on 7th September 2019 was inaugurated by Hon’ble Justice P.S. Dinesh Kumar, Judge, High Court of Karnataka and Mr. B.C. Thiruvengadam, Managing Partner Thiru & Thiru. Mr. Thiruvengadam also offered an internship to the winners of the competition.
Hon’ble Justice P.S. Dinesh Kumar, Judge, High Court of Karnataka
Narrated the Mahabharata’s verses and emphasized on the fact that Negotiation and Mediation are not the new-age tools for settlement of the dispute but are existing since ancient times.
According to him, unfortunately, in the mid-way of our process of evolution, we forgot these alternative tools of dispute settlement and urged students to learn and take these tools ahead for future generation – peaceful settlement of a dispute.
Mr. B.C. Thiruvengadam (Managing Partner Thiru & Thiru Law Firm and Founder of Bangalore International Mediation Arbitration and Conciliation Centre)
Mr. Thiruvengadam interestingly quoted that docket explosion in Indian Court is a myth, it is docket of exclusion.
According to him, only 9% of cases come to lawyers for litigation; rest either give up or use other formal or informal means to settle. Mediation and negotiation is the need of the hour and answer to the current society’s issue.
He even explained the students, the difference between Bargaining, Negotiation, and Mediation.
Editor’s note: Leave a comment below on what you think is the difference between these three. The best comment will be featured in this post.
BIMACC being our knowledge partner, Mr. Thiruvengadam took a small informative session on the concepts of Mediation like BATNA, WATNA, the importance of strategy paper, positional bargaining, right based bargaining which was quite useful to the participants.
After the inaugural ceremony, a series of competitive rounds started.
16 Teams, 48 Participants from different parts of India participated in the competition.
The entire competition was judged by the diverse panel of judges consisting of International Arbitrator, General Counsel of Companies, Mediator, Advocates, Judges, Academician and Associate from various Law Firms.
Judges & Participants Take-Aways:
- Anita Patil (Assistant Professor, NLSIU Bangalore): She appreciated the concept of the competition and said Negotiation and Mediation Training for all the stakeholders should be organized to create awareness about the same.
- Arijeet Nandi (Associate, Lakshmi Kumaran and Sridharan): Proposition of the competition was very ideal as the investment deals have now become an everyday proposition.
- Jopsy Else George (Participant): She appreciated the uniqueness of the program. According to her, the entire competition was intellectually storming and more than a competition it was a fun based learning for her. The entire competition was based on a Deal whose different facets evolved and became intricate with each passing round.
Preliminary rounds started with all 16 Teams from all across the country. The rounds were of 40 minutes (30+10).
Thereafter, 8 Teams went ahead for Quarter Finals. The quarterfinals were of 45minutes.
The second day, 8th September 2019 started with Semi-Final rounds. Four teams had qualified for the Semis, followed by the Finals which was judged by an illustrious panel of judges: Hon’ble Justice H.B. Prabhakara Sastry, Judge, High Court of Karnataka, Mr. Inbavijiyan Veeraraghavan, International Arbitrator and Mediator, Kove Global LL. P and Mr. Manik B.T Associate Partner Thiru & Thiru Law Firm.
Mr. Inbavijiyan Veeraraghavan, (International Arbitrator and Mediator, Kove Global LL. P)
Mr. Inbavijiyan started his speech by stating the Singapore Mediation Convention and congratulated everyone, as India has taken a great leap towards the growth of Mediation in India.
He discussed the Mediation Law proposed in India and informed student about the post-law implementation impact in the legal fraternity. He urged students to learn alternative dispute resolution mechanisms as those are the future according to him.
Hon’ble Justice H.B. Prabhakara Sastry, Judge, High Court of Karnataka
He emphasized on the importance of being a lawyer for humans and individuals rather than running behind corporates. He enumerated the importance of being social lawyer, helping poor and needy people.
His contention was that mediation is his passion because he can serve society through it in a quicker and cheaper form. In a similar way, he wants all the students to not think of the law as an opportunity to mint money but to see it as a door to serve the nation.
Mediation Centres of Karnataka High Court, he quoted are serving in very minimal charges and are providing settlement effectively.
Justice Sastry said Mediation Centres need people with legal knowledge and empathy and law schools should produce lawyers like that. He congratulated the law school for organising this competition and suggested to take up community issues as well.
He even appreciated two days of rigorous efforts of the participants and congratulated all of them for putting their best foot forward.
Finally, Vote of Thanks was delivered by Mr. Amogh Tiwari, 4th Year BBA. LLB student.
Finally, by the end of the second day, JSS Law School Mysuru emerged as Winners of the Competition and received Rs. 10,000 as cash prize along with the internship and trophy.
Punjab University, Chandigarh were the Runners Up and Mr. Krishna Keerthana S from Kristu Jayanti College was awarded Best Negotiator Award.
The competition had a balance of twisting proposition and knock-out round hurdle, as well as fun in the form of Halloween Party, organised on 7th September 2019.
Feedback of both Participants and Judges was overwhelming and appreciated the unique format of the competition.
After such encouraging comments and appreciation, IFIM Law School is eager to introduce CONCORDAT 2020 next year in a more grand, effective and successful way and aims to spread awareness regarding Alternative Dispute Resolution in a more creative way