- Sep 7, 2024
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Hi all, I am completing a vac scheme application and it asks: What recent developments in the legal industry do you believe could impact our business? What are the potential benefits and challenges associated? I have identified an area that I want to pursue, namely real estate law. I am struggling however to know where to start in researching recent developements that I feel will impact it. Any advice?
Hiya @lawaspirant!
I think it depends on the firm and the types of real estate matters they typically advise on. The work done by real estate-focused law firms can vary significantly depending on whether they primarily advise property owners, occupiers, developers, investors, or others. Your answer may also depend on whether the firm specialises in commercial or residential property.
I’d start by identifying the firm's key strengths and then researching news stories or trends affecting relevant areas/segments of the real estate sector. It’s also worth looking at client-focused publications from major real estate law firms, such as BCLP. If you let me know which firm you're applying to, I can put together a list of real estate headlines and trends that might be useful.