Hi!
Written exercises can definitely feel difficult because of the amount of information and the time pressure, but firms are usually much more interested in your reasoning and communication than whether you know the law perfectly - especially if they have said no prior regulatory law experience is required.
One thing that really helped me was to resist the urge to start typing immediately. I'd spend the first 10-15 minutes properly reading through the materials you have been given and working out:
- What the client is actually asking
- The main risks/issues
- What your overall recommendation is likely to be
I also found that ensuring I had a clear structure was really important and helped improve my performance overall. Even using simple headings and incorporating bullet points (if appropriate) can make your answer feel much clearer and more organised. When approaching the exercise, I'd usually think in terms of:
- Relevant facts/background
- Key issues
- Analysis
- Practical recommendations/next steps
I'd also try to stay practical and client-focused, rather than drifting into an overly academic style. A lot of people fall into the trap of trying to sound very "legal", but firms will often prefer concise and commercially sensible advice.
Additionally, if they provide source materials, the answer is usually in there somewhere and you generally are not expected to have any outside legal knowledge. Therefore, they're testing how well you can digest information, prioritise conflicting points, and communicate these under time pressure.
I haven't done KN's written exercise personally, but from the description you have provided, it sounds like they are intentionally making it accessible to those without any background knowledge in the area. I'd focus much more on clarity and logical reasoning, rather than trying to demonstrate technical regulatory law knowledge. I'd also make sure that you leave at least 5-10 minutes at the end to proofread, as under timed conditions it is very easy to miss small errors or forget to answer a part of the task.
I've also written a few previous posts on written exercises more generally - I have quoted those below in case they are useful as well.
Wishing you the best of luck - I'm sure you'll do great!!