A team of Pangea Advisors collaborated with the Columbia Law School Human Rights Clinic working group on Contract Practice. This colloboration was meant to produce a financial model of legal contractual frameworks for hydrocarbon extraction in Peru.
The Pangea Advisors team worked with Columbia Law School Human Rights Clinic working group on Contract Practice on the specific issue of coal, oil and natural gas (hydrocarbon) contracting in Peru. The MBA students conducted financial and economic analysis to enable the Law School group s developing an effective legal framework for contracts about hydrocarbons. Business students analysis produced a financial model for these contracts, which enables a transparent and public record of the value of the contacts. Understanding this value is key to conversations about the level of impact a contract will have on third world development. The interaction between business and law communities has been a valuable experience for everyone involved. Business students have seen how law students conduct research and plan projects. The CSB consultants have helped Law students develop their skills in scoping and planing projects, valuable business school skills they were able to apply in a complex real-world situation.