2020-21 Vacation Scheme Applications Discussion

[Jxmxs00]

PFO from Simmons post VI + tests.

 

[IceFloe]

Anyone heard back from W&C post VI? Did it Wednesday evening and not too optimistic :/

 

[OB]

Is anyone here waiting to hear back from Stephenson Harwood post-interview? Today would've been 2 weeks since I did mine but haven't heard anything yet

 

[layk]

Thanks @Jaysen and @layk.

I want you to ignore what I said in the presentation and focus on my response below, as hopefully this shall address any confusion.

In simple terms, leveraging makes it possible for partners to bring in more money, billing no more and often fewer hours than they are currently billing. To increase leverage, a partner will place more associates on a matter.

Let's take for example a partner (Partner). Partner charges £300 an hour for 10 hours of work and brings in £3,000.

Let's change this fact pattern. Let's say 5 of the 10 hours Partner worked are passed down to an associate (Associate). The Partner now brings in only £1,500 and the Associate, at their rate of £150 an hour, bring in £750. The total billed to the client, is reduced to £2,250. Bare in mind that the £750 that wasn't charged isn't "lost", because the extra five hours Partner doesn't bill on this matter can go on another matter, which will give the firm an additional £1,500. Add this £1,500 to the £2,250 billed and the firm sees £3,750 - all without the partner billing an additional hour / more time.

As you can see from the above, by leveraging up more associates on a matter, the firm is able to gain more revenue. Further, as Partner's salary comes from the firm's revenue, they will get paid more.

Let me know if this is still unclear!

Thank you so much for your in-depth explanation! It all makes sense now Thank you also for the webinar, it was super helpful!

 

[Jessica Booker]

Thanks for your reply Jessica!
Are we allowed to ask a firm to delete our old applications/personal information?

Yes - you can request it. If they have reasonable reasons to do so, they can decline the request though.

 

[Jooooopp7]

Hogan Lovells rejection post WG - does anyone know if they give the WG to everyone automatically or do they review apps before?

Also how long do they usually take to get back to you if I email them about my WG test score?

 

[ZaraB]

Trying to find a plain background in my house for a video interview like...

 

[whisperingrock]

Hogan Lovells rejection post WG - does anyone know if they give the WG to everyone automatically or do they review apps before?

Also how long do they usually take to get back to you if I email them about my WG test score?

Everyone tends to be sent the WG.

 

[Selggib16]

I have a question that is not intended to start a controversy, I am just curious. What do you think the opinions would be of working for a law firm that is representing Trump, given the press around it recently. Would this hurt my career in the long term and what are the chances of the firms reputation dropping significantly? I am a bit worried about job Security/reputation.

 

[tk166]

I have a question that is not intended to start a controversy, I am just curious. What do you think the opinions would be of working for a law firm that is representing Trump, given the press around it recently. Would this hurt my career in the long term and what are the chances of the firms reputation dropping significantly? I am a bit worried about job Security/reputation.

Is this morgan lewis? I think look at how much the parters donated to each party and you’ll get a vibe, but I assume over 50% of partners at least will be pro Trump...

 

[Selggib16]

Is this morgan lewis? I think look at how much the parters donated to each party and you’ll get a vibe, but I assume over 50% of partners at least will be pro Trump...

No I have seen lots of articles about Jones Day however also articles saying they are not representing him any longer?

 

[tk166]

No I have seen lots of articles about Jones Day however also articles saying they are not representing him any longer?

Tbf I don’t know much about Jones Day in the UK but they have been through quite a bit in the US (gender discrimination lawsuit etc). Regarding reputation, if Kirkland can get away with representing Jeffrey Epstein and still be successful I think Jones Day won’t rlly be affected by this.

 

[Mxkry]

PFO from Simmons post VI + tests.

Sorry to hear. May I ask when you applied?

 

[Legal_rawn]

No I have seen lots of articles about Jones Day however also articles saying they are not representing him any longer?

Jones day released a statement about this on their LinkedIn page a while ago so I’d see if you can find that. From what I know they represent the Republican Party and not trump himself? That may have changed or have been different in the past but that was what I got from what they had said

 

[ola830]

Anyone heard back from W&C post VI? Did it Wednesday evening and not too optimistic :/

Nope....did my VI a couple of days ago and it went so bad 😭

Though I really thought I will hear back by the end of today.....

 

[Jacob Miller]

I have a question that is not intended to start a controversy, I am just curious. What do you think the opinions would be of working for a law firm that is representing Trump, given the press around it recently. Would this hurt my career in the long term and what are the chances of the firms reputation dropping significantly? I am a bit worried about job Security/reputation.

I highly doubt you would experience any career damage working for a firm which represented Trump - if some place judged you negatively for this, it would speak volumes about them to be honest! Notwithstanding you being implicated in some form of legal wrongdoing as a result of such representation, I see no reason why it would be an issue; in that event, it would be a challenge irrespective of the firm or client anyway so it's a moot point.

 

[Andrew M]

Gosh, I've been invited to the assessment centre for Pinsent Masons! This is my third thus far this cycle - last year I barely made it past the application stage.

Any advice from those who have previously done their AC would be massively welcomed!

 

[legalCheek27]

Just received a White & Case VI invite. This is my first application cycle, so does anyone have any useful tips for White & Case VIs, and video interviews more generally?

 

[layk]

Just received a White & Case VI invite. This is my first application cycle, so does anyone have any useful tips for White & Case VIs, and video interviews more generally?

Congratulations and the best of luck!!! Could I be that person and ask when you applied? Still waiting to hear back for me...

 

[legalCheek27]

Congratulations and the best of luck!!! Could I be that person and ask when you applied? Still waiting to hear back for me...

Thank you so much! I applied at around 11pm on the day of the deadline (I put Spring vac scheme as my preference. I hope you hear from them soon!