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In the fall of1997 Pace University School of Law established one of the first law school clinics to provide student assistance to small investors who have disputes with their broker-dealers. What follows is a brief account of the clinic's educational objectives, an analysis of the initial organizational issues, and a report on the clinic's operation during its first two years. I am writing this in the hope that it will provide guidance and assistance to other law schools that contemplate establishing a securities arbitration clinic.

This is a nuts-and-bolts article written from the perspective of an experienced law professor who had not previously taught a law school clinic. There is a tremendous volume of literature on the theory and practice of clinical education, and anyone teaching a clinic for the first time should do some reading in the area. The experienced clinicians at your school can provide suggestions.