Teams of aspiring lawyers from The College of Law in Birmingham demonstrated their business acumen by going head to head in the final of the College’s annual business game.
More than 90 prospective solicitors and barristers, divided into 13 teams, took part in the competition sponsored by accountancy and business advisory firm Baker Tilly, which involved managing an imaginary wholesale office furniture business.
The three top performing teams took their place in the final after weeks of making crucial decisions to boost market share and profitability. The winning team, called ‘Dynamic’, clinched first place after presenting a board report to a panel of judges.
Team member Elizabeth Powell said: “Participating in the business game has developed commercial awareness, team work and presentation skills as well as a clearer understanding of the sort of issues facing the directors of a company. I am very pleased to have won."
The other members of Dynamic were Justine Ball, Charlotte Cook, Michael Jones and Andrew Oberholzer.
From left to right: Paul Johnson of Baker Tilly; Christine Elgood of Elgood Effective Learning; winning team members Andrew Oberholzer and Elizabeth Powell; Paul McConnell - Head of the full time Legal Practice Course at The College of Law in Birmingham; and Colin Cadman - College lecturer coordinating the business game.
The business game helps students learn how businesses operate in a competitive world. They are given a starting share price of £4.99 and try to increase the price over the course of three sessions, encountering different business challenges as the game develops. Each team is mentored by volunteers from the local business community.
Bernardette Griffin, director of The College of Law in Birmingham, said: “It is vital for students to demonstrate strong commercial awareness when applying for training contracts with law firms. The business game helps them to hone this knowledge and provides an insight into the business issues facing the legal services industry."
Judges for the final were Paul Johnson, a Corporate Finance Partner with Baker Tilly, and the game’s inventor Christine Elgood of Elgood Effective Learning.
Paul Johnson said: “We were delighted to sponsor the Business Game. We see The College of Law as an important part of the Birmingham business and professional community. As always, the quality of the presentations given by the finalists was superb, demonstrating good business as well as presentation skills – essential to any lawyer’s development."
Further information from Lucy Wray, Press Officer, The College of Law on 01483 216072 (firstname.lastname@example.org)