The Improbable Birth and Conceivable Death of the Securities Arbitration Clinic

This Article explores the birth, life, and possible death of SACs in the United States. Part II of this Article describes the history of the securities arbitration clinic in the United States. Part III describes how a SAC operates and how SAC students help investors. Part IV reviews the pedagogical advantages and disadvantages of a SAC, and addresses the reluctance of many law schools to embrace this type of clinic.

Part V concludes by predicting whether these clinics have a future in light of the modern challenges to clinical legal education.