TCLA Direct Training Contract Applications Discussion Thread 2024-5

r5533

Active Member
Feb 1, 2023
18
13
@Jaysen @TCLA Community Assistant - Hi both, I recall last year an associate from PW (potentially Arun?) did an hour-long session on Private Equity in practice, how a deal is structured and a lawyer's role in this etc. I've taken a look online but can't find a recording of this anywhere - was this session recorded and is it uploaded anywhere for us to watch back? Thanks for your help
 

Jaysen

Founder, TCLA
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  • Feb 17, 2018
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    @Jaysen @TCLA Community Assistant - Hi both, I recall last year an associate from PW (potentially Arun?) did an hour-long session on Private Equity in practice, how a deal is structured and a lawyer's role in this etc. I've taken a look online but can't find a recording of this anywhere - was this session recorded and is it uploaded anywhere for us to watch back? Thanks for your help
    You are right! This one wasn’t recorded, but we’ll almost certainly be doing another session with Arun this year. Will record this time!
     
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    Jaysen

    Founder, TCLA
    Staff member
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  • Feb 17, 2018
    4,791
    8,911
    I had it for a while. Here are my thoughts:

    - I didn't find anything written (e.g. application guides and law firm profiles) useful for writing applications or interviews. They contain lots of info but really all you need to know is on Chambers Student and Legal 500.

    - Most of the more formal video series were great. I liked the series on PE, on situational judgement interviews, and the case studies and video guides attached. If you have interviews coming up where these types of content may be useful, I would consider it.

    - Application review (which you get once a month for free) is very thorough, but is not done by a recruitment specialist, but rather another candidate who's secured a TC. It was useful, but not more credible than your friend from two years above who's got a TC. I understand (discounted?) mock interviews are also done by future trainees, not recruitment specialists. (Not that any of this is falsely advertised)

    - The additional stuff this year, like Accelerator, seemed OK but not super necessary. I never fully used this one though, for full transparency
    This is honest and very helpful feedback. Thank you!
     

    abbietc03

    Distinguished Member
    Dec 13, 2022
    57
    162
    Joining the abundance of good news on the forum recently, I'm pleased to share that I have been offered a TC!! After completing three vacation schemes this year and not converting any of them for a variety of reasons, I was successful in my only direct TC application!!

    As a non-Russell group student, it definitely felt impossible at times - but all you need is one yes! Wishing the best of luck to people who are still waiting to hear for the 2024/25 cycle, and those applying for the new cycle. I'm happy to share any insights from firms I've done VS' at (or others I applied for), so please feel free to reach out! :)
     

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