Thanks for sharing, @Jessica Booker. I was thinking one more tailored for trainees if you understand what I mean. I saw this, ands it is very focussed for a client's perspective. EDIT: nvm, I'll just work from this!
Thanks for sharing, @Jessica Booker. I was thinking one more tailored for trainees if you understand what I mean. I saw this, ands it is very focussed for a client's perspective. EDIT: nvm, I'll just work from this!
I really appreciate this, I’ll send a message nowHey! Adding to James' response, I'd be more than happy to help with competency questions. If you'd like to talk through an answer to a question that you find difficult feel free to DM me . I consider them my strongest point and although this is my first application cycle I've done competency interviews with companies like BT and Barclays and have been successful. So yeah, let me know if I can help on that front
This from the London office page might give you a clearer indication:Thanks for sharing, @Jessica Booker. I was thinking one more tailored for trainees if you understand what I mean. I saw this, ands it is very focussed for a client's perspective. EDIT: nvm, I'll just work from this!
I guess it depends how likely it will be but even then I guess my response to it is, why is this important to your answer?would you say a statement such as "I believe the law firm will be the biggest law firm in the next 10 years" comes off cringeworthy?
Yolo on a diversified memecoin portfolio and pray just one of them goes to the moon.Currently going through some practice questions for ACs and came across this one: 'If you had X amount, how would you invest it?'
I'm wondering how specific of an answer does it require, my initial thoughts are to perhaps divide the amount into different brackets to keep a diversified portfolio.
It doesn’t even have to be a portfolio if that isn’t what you would actually invest in. It could be something completely different (for instance, I have heard things like “my children’s education”). Or it could just be one company you believe will grow. This question isn’t really about you knowing what will make the best investment, it’s more about you really.Currently going through some practice questions for ACs and came across this one: 'If you had X amount, how would you invest it?'
I'm wondering how specific of an answer does it require, my initial thoughts are to perhaps divide the amount into different brackets to keep a diversified portfolio.
Thanks! Neither actually. It is for the TCHi! Is this AC for their spring or summer vac scheme? All the best btw!
1) YesHey! I had a mock group case study exercise the other day and I came across something quite unusual in the material presented. The task was to advise the client on which company of three to acquire, and for one of the companies it was noted that accurate figures for forecasted cash flow were not available and so the figure was derived by comparing the company with a similar company in a different sector. I have three questions:
1) Am I right in understanding this as a market approach valuation?
2) Beyond noting that this is obviously less accurate (and a bit of a red flag) than other valuations which were based on figures publicly available for the respective companies, I wasn't sure what other information I could ask for- is there something that I could recommend or documents I could ask for to gain a better valuation or is the lack of publicly available figures the end of the story?
3) Why would accurate figures for forecasted cash flow not be available in the first place?
Finally, for the other two companies it was noted that we are confident in the accuracy of this valuation because "figures publicly available" were used. As above, do we just take this for granted and move ahead or is there more to unpack?
I'd really appreciate any advice since I'm just starting to gain a better insight into company valuations
I'm sorry that you didn't have the best experience with your VI. Maybe the point of the last question was to see how well you do under pressure/when you're shocked? Judging by what you've said, you must've come across pretty well.vIt's really commendable that you remained calm. At the end of the day, you gave it your best, all things considered, and that's really not a small thing.
my face after Mishcon VI - I have never in my life been so shocked than I was with the last question.
genuine question- does it matter if you remain calm, confident and keep answering the question even if the subject matter may have been less than?
So upset that it went poorly
Hey- this happened to me the other day and I nearly messed up my chances of securing a really cool opportunity cause I was so caught up by a specific application. I'm guessing things like "it's done" "you can't change it", "worrying won't help in any way" aren't really helping you. What helps me, and hopefully can help you, is realising that not letting yourself finish that other application will only make a future rejection by the first firm even worse. At the moment, worst case scenario you don't get that one vac scheme offer. If you don't submit the second application you are risking two opportunities all because of one AC- knowing just how upset I'd be about this and how disappointed I'd be in myself are enough to get me to focus on what I can still control, and in your case that's the second application.I am currently waiting for an AC outcome which will most probably come next week but till then I have had really bad post AC anxiety. I have one more day before the VS/TC application deadline (31/1/2022) which I want to utilise to apply to at least one more firm to further my chances but I can't seem to focus on writing it. I went on a really long walk because that's all I could really do but I can't help analysing and replaying every wrong thing I did at the interview, and my heart seems to be in this constant nervousness just waiting for the outcome. Any advice would be v much appreciated
Yes please!✨✨✨✨✨manifesting✨✨✨✨✨ an AC from Taylor Wessing this week✨✨✨✨✨✨✨✨✨✨
@James Carrabino has given you a great answer for this and I am including some thoughts below to support you.I've got two ACs next week and I am starting to get overwhelmed with information. I had an interview last week with a different firm where I was unable to answer a competency question and I didn't answer two commercial questions how I would have liked 🥲, and it's stressing me out that maybe I don't know as much as I should. When do you know if you've done enough? I know you cannot prepare for every single thing, but the more time I have, the more I think I should be doing more competency examples, more firm research, etc 😕
I think it is 850 words.Is there a word count for Fieldfisher's questions?