Winners Announced in the 2023 Edition of The Closer, Baylor Law’s Elite National Transactional Law Competition

Winners Announced in the 2023 Edition of The Closer, Baylor Law’s Elite National Transactional Law Competition

From January 12-15, students from fourteen of the best transactional law programs in the nation came to Waco to compete in the seventh annual edition of the country’s most challenging transactional law competition.

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Ryann Connell of the University of Denver Sturm College of Law and Will Cowan of the University of Houston Law Center are this year’s winners of The Closer, the nation’s most challenging transactional law competition. The runners-up in this year’s demanding competition were Alyx Thompson of the University of Tennessee College of Law and Evan Nelson of Emory University School of Law. Their fellow competitors also chose Connell and Cowen via secret ballot as the winners of the Professionalism Award.

Baylor Law’s The Closer is an invitation-only transactional law competition open to law schools whose programming demonstrates a commitment to excellence in practical transactional law training.

The Closer is distinct in numerous respects. Unlike other competitions, the teams do not have weeks to prepare, and each team has only one member, so there are no teammates to share the workload. The competitors have only 24 hours to digest their clients’ files, which contain realistic emails, phone notes, drafts, and research. The tight timeline forces competitors to identify the most critical legal issues and devise and negotiate solutions that best serve their client’s needs with the efficiency required of lawyers under realistic time constraints.

The annual competition is another example of Baylor Law’s commitment to providing practical legal education opportunities. As the host, Baylor does not field a team, but its students participate in organizing and hosting. All involved students experience a high-pressure environment and hands-on exposure to important aspects of transactional law: contract drafting and negotiation.

An Introduction to the Case

This year’s competition revolved around an Economic Development Agreement (EDA) between the City of Waco and the developer of an actual real estate development project in Waco. Building on the success of Union Hall, a popular downtown Waco food hall, Turner Brothers Real Estate is building a new food hall called Union Grove across town. The subject of the EDA is a fictional addition to Union Grove. These improvements include a pickleball court, outdoor restaurant, game room, and more. Competitors were randomly assigned to represent either the City of Waco or Turner Brothers Real Estate, and addressed issues like tax incentives, cost sharing, job creation, and construction timelines. Professor Beth Miller and Legal Writing Lecturer Kayla Landeros, former City Attorney for the City of Temple, teamed up to create this realistic EDA scenario.

On Saturday, January 14, a mere 24 hours after the deal was revealed to the competitors, the first of four preliminary rounds of negotiations began. Through a series of 40-minute matches in front of experienced transactional lawyers, competitors were judged on their presence and professionalism, knowledge of legal and financial issues, and efficacy in finding creative solutions to reach an agreement that satisfied their client’s objectives while under strict time constraints. At the end of Saturday, the top four competitors on each side of the deal advanced to Sunday morning’s final round.

On Saturday evening, the four finalists were announced and immediately given a new wrinkle to add to their negotiations on Sunday morning. In the final round, the parties had decided to add a parking garage and retail space in the lot adjacent to Union Grove, forcing their lawyers to discuss the details of that project in connection with the existing agreement surrounding the improvements. On Sunday, after the final rounds, the best lawyer on each side won a $5,000 cash prize and bragging rights as “The Closer.”

“I am shocked, excited, and honored,” stated winner Ryann Connell after hearing that she had been selected as ‘The Closer’ for her representation of Turner Brothers Real Estate. “The crop of finalists was so good this year, everyone was so deserving, and we all worked so hard.” Fellow winner of The Closer, Will Cowan, added, “I loved negotiating against Ryann, who was on the other side of the negotiation. She did a wonderful job. As a competitor, I’ve been very impressed with this entire competition. It’s definitely the best I’ve ever been to.”

Signature features of The Closer include an entertaining video to introduce the competitors and judges to the scenario and a site visit to a location central to each year’s deal. This year’s site visit included a visit to Union Hall, a food hall located in the heart of Downtown Waco that attracts between 60,000 and 80,000 visitors every month.

Professor of Law Beth Miller, the M. Stephen and Alyce A. Beard Chair in Business and Transactional Law, and the mastermind behind The Closer, shared her thoughts, “It is so much more than a competition. We know that business and transactional law students don’t have the same competition opportunities as students focused on litigation. We created The Closer as the premier opportunity for students interested in pursuing a transactional law practice to experience what actual practice is like and to hone their skills in that context.” She added, “We are always honored to host these incredibly talented students and to host law schools who share our philosophy and commitment to real-world, practical transactional law training.”

“The Closer is such an incredible event,” noted Ryann’s coach, Prof. Stacey Bowers, Director of the Corporate and Commercial Law Program at the University of Denver Sturm College of Law, adding, "I thank Beth and the Baylor Law team who put together this problem that has so much reality to it. They create opportunities for students that don't always exist. It means so much to be able to come to Baylor and for our students to experience something close to the real-world practice of law."

The Closer 2023 Final Round

BAYLOR LAW SCHOOL SINCERELY APPRECIATES THOSE WHO INVESTED IN THE CLOSER 2023:

SPONSORS

• The Kim and Bill Shaddock Fund for Business and Entrepreneurial Initiatives at Baylor Law
• The Law Firm of Munsch Hardt
• J. Michael Tibbals and Freeman Mills PC

Special thanks

• The City of Waco
• Union Hall
• RouthLaw
• The more than 40 transactional attorneys who volunteered their time as competition judges
• Baylor Law faculty, staff, and students who contributed their time and talents to make The Closer 2023 a success

2023 PARTICIPATING SCHOOLS AND COMPETITORS

• Brigham Young University J. Reuben Clark Law School - Blake Lawrence
• Emory University School of Law - Evan Nelson
• Indiana University Maurer School of Law - Jeremy Hsiao
• The Ohio State University Moritz College of Law - Gregory Seymour
• SMU Dedman School of Law- Christopher Monsivais
• University of Denver Sturm College of Law - Ryann Connell
• University of Houston Law Center - Will Cowan
• University of Kansas School of Law - Toni Ruo
• University of Mississippi School of Law - Blaze Jeffery
• UMKC School of Law - Ryann Rigsby
• University of Oregon School of Law - Gerardo Morales
• University of San Diego School of Law - Jack Whitaker
• University of Tennessee College of Law - Alyx Thompson
• University of Wisconsin Law School - Abdulrahman A. Alroumi

JUDGES SCORING THE FINAL ROUNDS WERE:

• E. Steve Bolden, Locke Lord
• Janice Davis, Morgan Lewis
• Ashley Jackson, Waco Ventures
• Jennifer Lindsey, Beard Kultgen
• W. Gregory Looser, Major, Lindsey & Africa

JUDGES SCORING THE PRELIMINARY ROUNDS WERE:

• Carlos Alferez, Barnes & Thornburg
• Patrick Bell, Potter Minton
• Dean Bringe, Comerica Bank
• Seth Burt, Desert Royalty Co.
• Erreka Campbell, Apple
• Jennifer Chance, Winstead
• Miranda Chavez, Boulware & Valoir
• Ben Davis, CapStream Group
• Claire Harbert, Naman Howell
• Tom Harris, Haynes Boone
• Melinda Hedrick, Beard Kultgen
• Whitney Crayton Holmes, Baylor Law
• Trenton Hood, Winstead
• James Howard, Naman Howell
• Tristan Kaisharis, Winstead
• Lee Keeling, Walker Keeling LLP
• Connie Nichols, Baylor Law
• Allen Page, Baylor Law
• Andy Pattillo, Beard Kultgen
• Allie Pencsak, Haynes Boone
• Steve Reid, The Reid Firm, PC
• Ana Maria Sanchez, Simpson Thacher
• Michael A. Sanchez, The Sanchez Law Firm
• Jessica Schwartz, Jackson Walker
• Juli Stibbe Simoneaux, Ferrovial Construction
• Laura Ann Smith, Argyle
• Pat Souter, Gray Reed
• Ian Todd, Sneed Vine
• Dathan Voelter, Atlas Sand Company
• Ryan Ward, Haynes Boone
• Scott Wallace, Holland & Knight
• Wayne Whitaker, Whitaker Chalk
• Bobbi Worbington, Vinson Elkins
• Hull Youngblood, FourPoints Project Resources

For more information about the competition, visit The Closer on Baylor Law's website, or contact competition planner Professor Elizabeth Miller.