TCLA Vacation Scheme Applications Discussion Thread 2023-24

sadieyates56

New Member
Feb 26, 2024
1
1
I have Pinsent Masons Assessment Centre next week and I have no idea what it actually entails. I know there will be an interview and some kind of case study but could anyone provide me with any more guidance on what it will be like / how to prepare?
 
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sakinazali

New Member
Feb 9, 2024
2
1
I completed an AC for a direct TC in a firm and will receive a response at the end of March. I am a penultimate year student and am also eligible for their internship whose deadline is start of March. Should I apply for internship? PS they don't offer TC to their interns; they have to reapply for TC.
 

Untilwinter

Legendary Member
Gold Member
Premium Member
Dec 21, 2020
258
521
Does anyone know the answer to this question? Never considered this point
"What could the firm do if the parties want to sign the acquisition document but are still waiting for regulatory approval?"

 

futuretrainee2024

Legendary Member
Gold Member
Premium Member
  • Dec 2, 2022
    164
    307
    Does anyone know the answer to this question? Never considered this point
    "What could the firm do if the parties want to sign the acquisition document but are still waiting for regulatory approval?"
    memorandum of understanding with a lock-out agreement? its not legally binding but I suppose it lays out the terms and agreements prior to the actual transaction. in an interview, id maybe ask for more clarification and why the parties want to sign before approval - is it to prevent the seller from engaging with other parties? etc. im not sure but sounds like an interesting question
     
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    EllaClayton

    Valued Member
    Jan 23, 2023
    113
    246
    I am once again asking if anyone has heard from Withers post test — saw someone got a vac scheme, are they still interviewing or should I assume PFO?
    Nope I’m over a month post test and nothing. Did see on here a while ago someone had interviewed in Jan but completed the test last year. I think they are just processing all the earlier candidates and probably award places on a rolling basis
     
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    flower

    Esteemed Member
    Premium Member
  • Jan 31, 2023
    92
    165
    Does anyone know the answer to this question? Never considered this point
    "What could the firm do if the parties want to sign the acquisition document but are still waiting for regulatory approval?"
    Maybe insert a conditions precedent clause in the acquisition document stating that completion of the transaction will be subject to any necessary regulatory approval?
     

    Untilwinter

    Legendary Member
    Gold Member
    Premium Member
    Dec 21, 2020
    258
    521
    memorandum of understanding with a lock-out agreement? its not legally binding but I suppose it lays out the terms and agreements prior to the actual transaction. in an interview, id maybe ask for more clarification and why the parties want to sign before approval - is it to prevent the seller from engaging with other parties? etc. im not sure but sounds like an interesting question
    Wow thank you so much for the input. I didn't give a thought about why they might want to sign first but I should have considered that first. Wonder why as well hmm..
    Any insight into this would be appreciated :)
     
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