TCLA Vacation Scheme Applications Discussion Thread 2025-26

[user55998384]

I received my pass email a few hours later in a different email.

thanks!!

 

[anonymous.15]

has anyone not heard from CMS post WG? Did mine a month ago so not sure to assume PFO

yes they rejected me post WG

 

[FutureAntitrustLawyer]

I received my pass email a few hours later in a different email.

hi, if you don't mind sharing, what tips would you recommend for doing well in the SJT?

 

[Maddy]

Any Reed Smith updates recently?

 

[abc124]

Has anyone got a Reed Smith AC recently? I’ve been waiting for a month now post test, wondering if I should just assume PFO 😭

 

[anonymous.15]

How do you view your feedback for the HSFK test

 

[Rads]

Hello, any inputs for Macfarlanes first online assessment? How to prepare and what kind of questions?

Would really appreciate, thank you!

 

[nansies]

Are graduates allowed to apply to Sullivan & Cromwell's vac schemes? I was about to submit my app when I read the following on their website:

"S&C offers two-week placement schemes in the spring and summer for students interested in joining the Firm as a trainee. [...] We will accept applications for our 2026 spring and summer vacation schemes from penultimate-year law students and final-year non-law students, as well as those studying for postgraduate degrees, from 1 October 2025 through 5 December 2025."

They seem to recruit mostly from vac schemes, so do graduates have an almost zero chance of getting a TC offer from S&C?

 

[wooliewoo]

Hello, any inputs for Macfarlanes first online assessment? How to prepare and what kind of questions?

Would really appreciate, thank you!

Hi! It's the same as the FF stage 1 test if you've done that before! I'd reccomend practising some SJT and watson glaser Qs! And maybe have the firm's values in mind when answering the SJT sections. Good luck!

 

[STEM Student]

Anyone heard from Linklaters?

 

[elle woods]

How do you view your feedback for the HSFK test

i'm pretty sure they send it in a pdf to you after a while. You may have to wait a day or two - it should appear in your inbox at some point.

 

[user55998384]

has anyone failed the HSF Kramer test?

 

[user55998384]

How do you view your feedback for the HSFK test

i got an email as soon as i did it

 

[Rads]

Hi! It's the same as the FF stage 1 test if you've done that before! I'd reccomend practising some SJT and watson glaser Qs! And maybe have the firm's values in mind when answering the SJT sections. Good luck!

Thank you so much, very kind to share!

 

[ttyl]

Are graduates allowed to apply to Sullivan & Cromwell's vac schemes? I was about to submit my app when I read the following on their website:

"S&C offers two-week placement schemes in the spring and summer for students interested in joining the Firm as a trainee. [...] We will accept applications for our 2026 spring and summer vacation schemes from penultimate-year law students and final-year non-law students, as well as those studying for postgraduate degrees, from 1 October 2025 through 5 December 2025."

They seem to recruit mostly from vac schemes, so do graduates have an almost zero chance of getting a TC offer from S&C?

Yeah grad rec said if you're a graduate not studying anymore, then you have to do direct TC. But they also said that doesn't put you at a disadvantage.

 

[Donuttime]

is Latham test 2 automatic?

 

[user55998384]

is Latham test 2 automatic?

no you have to pass stage 1

 

[Donuttime]

no you have to pass stage 1

omg just got invited to stage 2!

 

[sal44]

yes they rejected me post WG

when did you complete your wg if you don’t mind me asking?

 

[DavidJC]

Hi @Andrei Radu Was hoping to hear your perspective.
Right now, I'm trying to write about the UK's recent relaxing of the capital rules for banks.
I'm struggling though to get deep into the analysis outside of the obvious increase in dealmaking. (I.e PE/ M&A transactions rely on a lot of leverage. Now that banks have more capital to invest with, these two areas will likely boom).
How can I then flesh this out/ have more commercial depth?
Is it fair to say that certain practice areas will benefit more/ less? Will drug research/ life sciences see additional increases in activity because of how capital intensive this area is?
Alternatively, is this perhaps not the best topic to use for a commercial issue application answer? I just wanted to hear your opinion, since I remember you saying how your answer was on a similarly broad commercial topic like how low interest rates affect deals.

Not Andrei, but I was looking into the impact of changing capital requirements previously (re Basel 3.1 Regs) and the key thing is that it means banks can take on more risky assets i.e. they have more room to trade riskier debt, structured debt/assets etc which can lead to more LevFin, M&A etc as rightly pointed out. Generally speaking, it will boost transactional and financing activity and all the subsequent impacts from that. I can't speak to sector-specific stuff but I hope that helps.