Re Baker, applied on 20th June. Received an email saying I'd progressed to WG on 10th July. Invite to take the test this morning with it saying video interview invitations would be sent after completion by 23rd July at the latest. Best of luck.
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General Discussion Thread 2020-21
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Re Baker, applied on 20th June. Received an email saying I'd progressed to WG on 10th July. Invite to take the test this morning with it saying video interview invitations would be sent after completion by 23rd July at the latest. Best of luck.
Just got a WG invite from Bakers! (Arghh the WG is literally my biggest hurdle in the VS app cycle I previously was embroiled in, but I'm definitely going to study it hard now!)
I wanted to ask, is the WG automatic for Baker McKenzie like it is for Hogan Lovells? Or did they sift through my app first and then offered the WG test( firms like NRF , Freshfields etc).
I wanted to ask, is the WG automatic for Baker McKenzie like it is for Hogan Lovells? Or did they sift through my app first and then offered the WG test( firms like NRF , Freshfields etc).
Did they get back to you for the direct TC interview? I submitted my application a few weeks ago but I thought they don't recruit on RB.
I got an email from them shortly after submitting my application that they were putting me on hold and would get back to me after the deadline. This was a few weeks ago.
When did you submit your application?
Hard but doable from what i've heard. I will also be juggling a part time job when I start my PGDL in September. I know it is going to be intense but hoping the income I earn alongside my studies keeps me motivated to keep on top of things.
There’s a specific thread for this somewhere!
But I did the GDL last year whilst working part time - initially 24hrs a week in a bar then dropped to 16 a week in a shop. It was hard work but I came out with a commendation and managed to still socialise plenty and have a life etc. Generally speaking the GDL is just a LOT of work in terms of volume, so I’d advise doing part time work that doesn’t make you super tired and leaves brain power to do the work. You are only actually in uni a few days a week so if you’re organised it’s doable, but don’t be fooled it isn’t easy, I was pretty tired the majority of the year lol. A couple of others in my group did tutoring part time, which I think if you don’t necessarily need as big/stable an income would be a really good option.
Hope that is helpful and not off putting, if you can make sure you save your holidays for revision period/exams, and just be super organised!
On the bright side, it is SUCH a good way to demonstrate certain competencies in interviews and firms do tend to really respect that you’ve done it as they see how you are resilient/organised/can cope under pressure and still achieve results etc. You can make a very strong argument for those competencies if you’ve had to juggle the two!!
I’ll try and find the link to the other thread where a few more people shared their experiences
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If I remember correctly from the open day, the test is not automatic, so congratulations! They also mentioned their WG bar is not as high as other firms, so that should work in your favour. Best of luck!
If asked in an interview about ways to finance an acquisition what MAIN methods should definitely be mentioned? in a nutshell, I have understood and keen on mentioning"
1. Debt (loans and bonds)
2. Equity (selling shares to raise capital + share swap +IPO)
3. Cash reserves
Question-- I am not sure if I want to go into LBO or earn-outs but thought i'd ask some of you on here what you thought?
1. Debt (loans and bonds)
2. Equity (selling shares to raise capital + share swap +IPO)
3. Cash reserves
Question-- I am not sure if I want to go into LBO or earn-outs but thought i'd ask some of you on here what you thought?
I guess it would depend on the type of acquisition. If you’re discussing a private equity deal then LBO would be something I’d talk about.
I wouldn’t think an earn-out agreement as a main source of financing an acquisition. Rather, my understanding is it is used to resolve disagreements in the pricing. So I’d talk about it in the context of pricing the deal rather than financing it.
An earn-out is simply an agreement between the buyer and seller where the buyer pays the seller additional compensation if the business reaches a certain performance target. So yeah like R19 says, talk about earn outs in the context of pricing the deal and/or negotiating the price of the deal.
LBO would be more appropriate to talk about in PE deals. Hope that helps.
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which firm?
But yes, even if a personal interview you may get commercial questions, often related to your career motivation.
Rejection from Eversheds today, god this process is tough but you have to keep on trying!
same here.. i worked hard on that application and just like that .. not even past the first stage.
It’s such a disappointment I know. Just have to keep positive and remember anything worth having does not come easy. I’m wishing you luck in all your other applications. We will get there in our own time
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