University of Chicago JD/MBAs Participate in Booth Case Competitions

As a capstone to Chicago Booth’s leadership development program (a.k.a. LEAD), members from each cohort are selected to compete against members of other cohorts in two case competitions – Leadership Challenge and Leadership in Crisis. This year, two Chicago JD/MBAs,  Jonny Spendlove and James Schulte, were selected to represent the Rockefeller cohort.
 
In the Leadership Challenge competition, Jonny (back row, fourth from left) teamed up with a fellow classmate to recommend growth solutions for a California winery. The ideas were pitched to executives in finance, consulting, and industry. Jonny’s team received high marks for creativity and collaboration with the opposing team.
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In the Leadership in Crisis simulation, James (second from left) and his teammates worked together as members of a corporation’s senior management who had to respond to an international emergency affecting the corporation’s people and operations. The simulation, designed and run by crisis management expert Dr. Larry Barton and the LEAD facilitatiors, exposed James and his teammates to the challenges of trying to use characteristics of successful leaders in a high pressure scenario.
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Both Jonny and James were glad to have gotten to participate in order to test what they had learned in LEAD.

University of Chicago JD/MBA graduation

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Four years ago these five University of Chicago JD/MBAs started on their journey toward the double degree at Chicago Booth and the Law School. On Saturday, June 11, 2011, after many legal cases, case briefs, problem sets, group projects, conferences, case competitions, papers, and team meetings, they graduated. From left to right are Katherine Smith, Amy Benford, Justin Marquardt, Nikhil Abraham, and Bradley Feingerts.

Crescat scientia; vita excolatur

Howard Marks at Chicago Booth

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Distressed debt investing legend, Howard Marks (GSB '70), giving a key note speech at the Chicago Booth Distressed Investing and Restructuring Group conference.

JD/MBAs win in Chicago Booth NVC

JD/MBAs part of team that places second in Chicago Booth New Venture Challenge, and win the People's Choice Award, where the community picks their favorite business!

---------- Forwarded message ----------
From: Polsky Center <pr@chicagobooth.edu>
Date: Wed, Jun 1, 2011 at 3:50 PM
Subject: [Second-year-mba] Announcing the 2011 NVC Winners
To: Polsky Center <pr@chicagobooth.edu>


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Announcing the 2011 New Venture Challenge Winners

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After a day of outstanding presentations by the 10 finalist teams, the Polsky Center for Entrepreneurship is pleased to announced the winners of the 15th Annual Edward L. Kaplan, '71, New Venture Challenge:

  • Agile Diagnosis - first place ($25,000): AD is a platform of software tools that help healthcare professionals make better decisions by intelligently guiding them step-by-step from symptom to diagnosis. AD builds on years of research at the University of Chicago Pritzker School of Medicine and provides instant access to expert opinion boiled down into clear best-next-step recommendations.
  • Sibl.us - second place ($18,000): Sibl.us provides digital coursepacks that save students time and money. Additionally, Sibl.us gives professors reading recommendations, the ability to update coursepacks at any time, and metrics on student preparation.
  • Pretty Quick - third place tie ($10,000): Pretty Quick is a web-based community that directly links beauty service consumers with a robust, curated network of salons and spas.
  • Swingbyte - third place tie ($10,000): Swingbyte is a mobile golf swing analyzer and visualizer. The patent-pending device captures the trajectory of a golf club and relays it to a smart phone and the web for instantaneous and subsequent analysis.

The runners-up - Line I Jump, mHealth Solutions, NewDog Technology, Owl Invest, playence, and Real-Time Analytics - each received $2,000 in seed funding.

The winner of the inaugural People's Choice Award is Sibl.us. They received a $1,000 cash prize.

Congratulations to all the teams that participated in the NVC – this truly was an exceptional year!

More Information:

Press Release
Read about the 2011 NVC teams

Contact
Tracey Keller

Website
www.ChicagoNVC.com

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UChicago JD/MBA Foils Thief!

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Katherine Smith (JD/MBA '11) is a rockstar JD/MBA student.

She volunteers in the IJ Entrepreneurship Clinic providing legal services for local entrepreneurs in economically disadvantaged communities, placed #1 in North America in the A.T. Kearney Case Competition, and was a co-chair of the Chicago Booth Epicurian Club.

She is also a superstar detective. On her street in Wicker Park, a thief snatched Smith's purse and dragged her to the ground.  But with the tenacity of a honey badger, Smith picked herself up and with her husband's help tracked the thief and retrieved her iPhone.

Congratulations to Katherine for staying safe, and recovering her iPhone. We'll keep our fingers crossed that the Chicago Police Department apprehends the thief!

Watch her interview with CBS Chicago here.

John Ashcroft visits Chicago Law

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On April 13, 2011, John Ashcroft (Law '67) visited the Univeristy of Chicago Law School to receive the Lee Liberman Otis Award for Distinguished Service by an Alumnus. Ms. Otis was a Founding Director of the Federalist Society, founding the Chicago chapter, and organizing the Society's first conference at Yale.  Mr. Ashcroft was the 79th United States Attorney General (2001 - 2005), the 50th Governor of Missouri (1985 - 1993), and a US Senator from Missouri (1995 - 2001).

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Get $20,000 to write school papers

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From left to right: Prof Kenneth Dam, Prof Richard Epstein, Prof William Landes, Judge Richard Posner, and Prof Ronald Coase. Collectively, this group has written over 600 academic papers, and over 100 books.

While in graduate school, I've written 4 papers that have earned a total of $20,000. $10,000 for the Olin and Kauffman Student Fellowships, $5,000 Turnaround Management Association research grant, $3,000 for winning the Carl Marx national paper competition, and $2,000 (cash equivalent) for the St. Gallen student competition and symposium. Two of these papers also counted for class credit. I mention this because I hope to convince you that you too can make just as much money (or more) for papers you already write, especially at Chicago Booth and the University of Chicago Law School, which requires 2 substantial papers to graduate.

In this 3 part series, I will tackle coming up with a paper idea, then strategy for paper competitions and research grants, and finally getting course credit and publication. Honestly, if I can do it, you can too, especially since I am not a particularly talented writer nor am I learned in most areas of the law.

Initially, I would agonize for months trying to think of paper ideas, so I looked at many published papers. There are three basic categories of student papers: the theoretical or explanatory, the contradictory, and the empirical.

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Chicago Booth NVC - Phase Two Announcement

 

The Chicago Booth New Venture Challenge has kicked off and a team founded by two JD/MBAs (Nikhil Abraham '10 and Matthew Kopko '11) has made it to Phase Two. The business description is below.


Sibylus

Sibylus obtains supplemental educational curriculum materials used in college and graduate courses for a fraction of the price charged by traditional content providers. Sibylus sources content by leveraging publicly available information, utilizing databases students already have licenses to use, and securing copyrights directly from rightsholders.

 

Check out all the businesses that made it past the feasibility summary after the jump!

 

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Chicago Law Moot Court

Moot Court is an annual ritual at law schools around the country. The above video shows Georgetown's moot court final competition with 4 federal appellate judges (McKeown, Kavanaugh, Gajarsa, and Smith) and former Solicitor General (Clement) grilling a student much like Supreme Court justices grill lawyers arguing before the Court.  (Hey UChicago, tape the Moot Court finals so I can put our own video up there!)

I recently participated in the Hinton Moot Court semi-finals at the University of Chicago Law School. Approximately 90 people competed in the first round and presented two oral arguments, for petitioner and respondent each, in the case of Schwarzenegger v. Entertainment Merchants Association.  Twelve students were then selected to participate in the semi-finals, and four of those students have now advanced to the final round, where they will argue before three sitting federal appellate judges in the spring quarter.  Congratulations to Kevin Swartz, Andrew Grindrod, Annie Wagner, and Faye Paul!

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Chicago Booth VCIC

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The Chicago Booth Venture Capital Investment Competition was held on January 21, 2011. Teams of 5 students play the role of a venture capital firm and receive 3 real business plans beginning on Wednesday at 5pm, review the plans, and perform due diligence until Friday. On Friday the entrepreneurs come to Chicago Booth and present the plans. Teams then conduct a 15 minute Q&A with each entrepreneur, choose a business to invest in, finalize a term sheet, and then conduct a 15 minute negotiation with that entrepreneur. The competition is perfect for any JD/MBA student because it combines both law and business so well, using business school valuation tools to evaluate a business and using legal skills to structure a term sheet.

My team, Midway Ventures, came in second place this year. Last year the team I was on won the Chicago Booth competition (and regionals and nationals!), and two years ago the team I was on placed second. Competing in the competition for the last three years has taught me some great lessons.

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