Post your suggestions here

[Nicole]

Hey everyone,

I'll be updating you guys on these forums so you can see what we're working on a the moment. A few of you have made suggestions already, and that's been super helpful.

I'd like to stress that the purpose of this site is to help you guys get into the top corporate law firms. We've got a nice network of lawyers to help out and lots of advice to share, but that's no good if we're not doing the right things. So, if there's anything you think we could be doing better or any features you'd like to see, please post it below. We'll chat with you and see what we can do .

Best,
Nicole

 

[GD1995]

Hi Nicole,

Could there possibly be a feature giving more insight into how a law firm works as a business, the way it generates profit and gets work from clients. As well as the role of lawyers in commercial law firms and how they tackle different business crises? (if possible!)

Thank you!

 

[Nicole]

Hi Nicole,

Could there possibly be a feature giving more insight into how a law firm works as a business, the way it generates profit and gets work from clients. As well as the role of lawyers in commercial law firms and how they tackle different business crises? (if possible!)

Thank you!

Hey GD, I love the suggestion, it's something I used to struggle with! I've spoke to @Jaysen and he said we can get the guide started this weekend and aim to get it out next week (depending on how deep we go).

So just a tentative outline:

• How is a law firm structured?
• How does a law firm make money?
• Profits per equity partner (PEP) (this is used all the time to refer to law firms but it can be quite confusing and it's also controversial!)
• The role of lawyers in commercial law firms
• How do lawyers tackle different business crises?

Is there anything else you'd like us to add? We'd be very happy to do so! Also, when you mention business crises, were there any in particular that you had in mind?

 

[Deleted member 21]

Maybe how the UK imposing sanctions on Russia in the light of recent incidents would affect business, clients and global law firms?

 

[Deleted member 21]

Hey GD, I love the suggestion, it's something I used to struggle with! I've spoke to @Jaysen and he said we can get the guide started this weekend and aim to get it out next week (depending on how deep we go).

So just a tentative outline:

• How is a law firm structured?
• How does a law firm make money?
• Profits per equity partner (PEP) (this is used all the time to refer to law firms but it can be quite confusing and it's also controversial!)
• The role of lawyers in commercial law firms
• How do lawyers tackle different business crises?

Is there anything else you'd like us to add? We'd be very happy to do so! Also, when you mention business crises, were there any in particular that you had in mind?

This may be useful: https://www.ft.com/content/0532a6ae-25f0-11e8-b27e-cc62a39d57a0

 

[Nicole]

This may be useful: https://www.ft.com/content/0532a6ae-25f0-11e8-b27e-cc62a39d57a0

Excellent article, thank you. It teases out the comparisons between the MC firms and US firms really well (and with nice figures!).

 

[GD1995]

Hi Nicole,

Thank you! Everything sounds good. Maybe you could add in how partners develop a client base? And no I didn't have any business crises in mind, I'm not actually sure what business crises are so this guide will be really helpful!

 

[Nicole]

Hi Nicole,

Thank you! Everything sounds good. Maybe you could add in how partners develop a client base? And no I didn't have any business crises in mind, I'm not actually sure what business crises are so this guide will be really helpful!

Yes of course .