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TCLA Direct Training Contract Applications Discussion Thread 2023-4

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A worried graduate

Legendary Member
Mar 25, 2024
325
199
Banking is quite open to law grads - I know two people (both law graduates) who switched to investment/corporate banking after doing vac schemes and not converting to a TC. The work is similar (and probably more interesting) as are the salaries.
Do they take on people from smaller universities and without any special qualifications for the industry?
 

EzeLaylor

Distinguished Member
  • Oct 15, 2021
    65
    98
    Do you have more info on this?

    Sure!

    I asked a friend and here’s her advice:

    I think the easiest way to transition is through grad schemes (1-2 year programmes). Banks like Lloyds, HSBC, Barclays etc all have graduate programmes open to all degrees.

    If you check banking recruitment pages, you should find quite a few stream option (capital markets, private clients, IB, commercial banking etc).

    I would also sign up to the mailing list so you’re notified when the scheme apps start and apply early as possible. She applied for a grad programme in May and was through the whole process by early June.

    happy to help anyone out with more info - just PM me
     
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    SoonToBeTrainee

    Legendary Member
  • Dec 29, 2023
    140
    332
    How do you know this? I can't find it ANYWHERE on their website
    I wouldn’t worry too much about it being rolling basis. I went to an open day with HL last year and grad rec said they recommend submitting apps about a week before the deadline.
    I got the impression they only gave that recommendation for our sake too, ensuring we don’t face any technical difficulties etc.
     

    adrian_nlh

    Star Member
    Feb 22, 2023
    39
    82
    How do you know this? I can't find it ANYWHERE on their website
    It's just known that HL do their applications for both cycles (Winter & Summer) on a rolling basis, it can also be found on other websites where the position is posted; they will say they review applications on a rolling basis.

    Although it is not very nice of them to not make it obvious on their website, I really wouldn't worry. If you have a strong application, I'm sure it won't matter if it's on a rolling basis.
     
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