Prestige
The Vis Arbitral Moot in Vienna is considered one of the most prestigious moot court competitions in the world. The above list of sponsoring organizations coupled with the fact that the foremost scholars in the field of international sales law and international arbitration come to Vienna to act as arbitrators and judge the various teams in different stages of the competition clearly establish the high standing of this competition in the academic world. In fact, this competition has been referred to as the "Olympics of international trade law". It draws participation from many law schools from all over the world.
In 1994, when the first Moot was held, 11 teams took part. Since then, the field has grown rapidly: The 20th Moot, held in 2013, saw more than 290 teams from 67 countries enter the competition. In most law schools, being selected as a team member is in itself a sign of excellence.
Only six universities have participated in the Willem C. Vis International Commercial Arbitration Moot every year since the Inaugural Moot held in 1994: Albert-Ludwigs-Universität Freiburg (Germany), Columbia University (United States), Deakin University (Australia), University of Lapland (Finland), Pace University (United States), and Universidad Panamericana (Mexico). They are sometimes referred to as the "Vis Moot Ivy League".
Read more about this topic: Willem C. Vis Moot
Famous quotes containing the word prestige:
“A bad short story or novel or poem leaves one comparatively calm because it does not exist, unless it gets a fake prestige through being mistaken for good work. It is essentially negative, it is something that has not come through. But over bad criticism one has a sense of real calamity.”
—Rebecca West (1892–1983)
“Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.”
—C. Wright Mills (1916–1962)
“A Carpaccio in Venice, la Berma in Phèdre, masterpieces of visual or theatrical art that the prestige surrounding them made so alive, that is so invisible, that, if I were to see a Carpaccio in a gallery of the Louvre or la Berma in some play of which I had never heard, I would not have felt the same delicious surprise at finally setting eyes on the unique and inconceivable object of so many thousands of my dreams.”
—Marcel Proust (1871–1922)