The Improbable Birth and Conceivable Death of the Securities Arbitration Clinic
15 Cardozo J. Conflict Resol. 597
26 Pages Posted: 22 Apr 2014 Last revised: 24 May 2014
Date Written: January 1, 2014
This article explores the birth. life and possible death of the securities arbitration clinic (SAC), a law school clinic in which students represent investors of modest means in arbitrable securities disputes with their broker-dealers. The article first describes the history of the SAC, how a SAC operates and how SAC students help investors. The article then reviews the pedagogical advantages and disadvantages of a SAC, and addresses the reluctance of many law schools to embrace this type of clinic. The article concludes by predicting whether these clinics have a future in lights of the modern challenges to legal education.
Keywords: clinics, securities, arbitration
JEL Classification: K22, K40
Suggested Citation: Suggested Citation