A&O SVS PFO… I don’t know if they send out a standard email but this is the first time I’ve genuinely been blindsided
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TCLA Vacation Scheme Applications Discussion Thread 2025-26
- Thread starter Ram Sabaratnam
- Start date
Sorry about your rejections - these are always quite difficult.
I think firstly, it is important to note that rejections are inevitable in this process even for 1st class graduates and applicants with strong work experience. As such, it is important to understand that the rejection does not always reflect on your grades or written application responses. Secondly, it would be good to maybe revisit your answers and see whether they are extremely tailored to the firm, have you had interactions with the firm, work experiences that link to the firm, and if your work experience sections are detailed and highlights transferable skills.
As you have gotten to Acs before and you are progressing through test stages with other firms, I wouldn't be too worried in these instances. Different firms focus on different parts of the application and its not always quite easy to understand what these factors are.
In light of this, keep your chin up and keep applying! Best of luck.
A&O Shearman Summer VS PFO
Could anyone give me any clue about the PFO message below? Does it mean that I struggled in those areas or it was just a general message that they sent to everyone for PFO? Also any advice on how to reflect and prepare better for the next time would be appreciated! Thanks in advance!
“Nonetheless, we encourage you to reflect on the following aspects:
1. Your academic history and achievements.
2. Your work experiences and how they align with your career goals.
3. Your motivation for pursuing a career in this area.
In addition, we recommend visiting our Law Career Guide on our website. It offers valuable resources and insights that can be instrumental in enhancing your future applications.”
Could anyone give me any clue about the PFO message below? Does it mean that I struggled in those areas or it was just a general message that they sent to everyone for PFO? Also any advice on how to reflect and prepare better for the next time would be appreciated! Thanks in advance!
“Nonetheless, we encourage you to reflect on the following aspects:
1. Your academic history and achievements.
2. Your work experiences and how they align with your career goals.
3. Your motivation for pursuing a career in this area.
In addition, we recommend visiting our Law Career Guide on our website. It offers valuable resources and insights that can be instrumental in enhancing your future applications.”
Hi @Andrei Radu
I was interested to hear your opinion on this since you're a future trainee for Davis Polk. I understand Davis Polk have strong ties to investment banks, and often advise lenders as opposed to PE sponsors in transactions.
How might you explain your interest in lender-sided finance as opposed to sponsor-sided finance? Is there a material difference? Obviously, the goal of your client is different since they are on different sides of the transactions but the key idea is the same-- help your client make money in the most cost-effective/ risk sensitive way.
I was interested to hear your opinion on this since you're a future trainee for Davis Polk. I understand Davis Polk have strong ties to investment banks, and often advise lenders as opposed to PE sponsors in transactions.
How might you explain your interest in lender-sided finance as opposed to sponsor-sided finance? Is there a material difference? Obviously, the goal of your client is different since they are on different sides of the transactions but the key idea is the same-- help your client make money in the most cost-effective/ risk sensitive way.
Hello, has anyone done the Clifford Chance VI - I tried to find information on their website about format but there's not much
Thank you
Thank you
i got the same message - thought they were just telling me i messed up on every section lol
A friend of mine got through to hr interview with AAB/ABB (can’t remember which one, but wasn’t AAA)
If they’re still accepting applications the answer should always be “YES!” Don’t strike yourself out prematurely because of an arbitrary deadline.
You said ABB (see above)
Also, I applied to their spring/summer VS, would you mind to ask them when they'll be reviewing app and sending invites to us? I think they'll review it after the WVS, but not sure maybe you can ask them directly since you secured the WVS, thx.
- Sep 9, 2024
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Hi @CharlesT47 I think you could justify an interest by focusing on how the strategic objectives of institutional lenders impacts the legal work you do. As a sponsor in a leveraged buyout, you are trying to present the state of the target business in as favourable of a light as possible, to then be able to negotiate the lowest interest rates and most flexible repayment terms possible for as much debt financing as possible. As a lender, you want to scrutinise the target business and the sponsor's proposals as throughly as possible to ensure you can negotiate the best security and interest payments that you can. From this position, looking at the role of lawyers, you could conceptualise the lender's counsel by analogy to a buyer's counsel in M&A transactions: in highly leveraged PE transactions, the baks are putting in most of the money and thus taking on most of the downside risk; as such, they want to be very certain as to the value of the underlying business and the protection offered by the terms of the loan to be willing to provide the necessary financing.
Thus, legal work on behalf of leaders, through due diligence and research to scrutinise target businesses and review proposals of terms, and the negotiations and drafting work done to implement favourable terms, is crucial to safeguard their interest in high-risk transactions. This can be attractive because of the high level of responsibility it can involve and because of the many opportunities to learn about the operations and assets of target businesses and how to value them. Furthermore, working for a lender you will normally get to advise on transactions involving a greater variety of PE funds and on deals in a greater variety of industries (as there are only a few big investment banks, but there are many more active PE funds in the market). Finally, you could also consider how the higher interest rate environment of the last few years has shifted the bargaining position in favour of lenders - after the rise of PE in the 2010s has led to a status quo of very sponsor-friendly terms. Arguably, this means that lawyers acting for investment banks should have more of an opportunity to value-add by pushing for better deal terms, which could be an attractive aspect for up-and-coming lawyers.
Hey!
I understand how chaotic application season gets, especially when both the deadlines pile up. I would like to share a few practicea that genuinely helped me stay sane amidst the chaos:
For applications:
1. I made a full list of firms, their deadlines, what appealed to me, and whether they were rolling. It helped me narrow my list down to around 15–25 firms and prioritise the important ones first.
2. I handled all the long answer questions together. I logged into every portal at once, pulled out the long-answer questions, and put them all into Obsidian (notion like platform) so I could draft offline. Then I grouped similar questions and slowly built pointers for each over 2-4 weeks, usually on my phone on the Tube or while eating, just like chatting. By the end, I had a strong content bank that only needed tailoring for each firm. I didn't have to think or brainstorm much when applying, as that took the most time for me tbh.
3. I dealt with all the admin sections together too. I grouped applications by platform (AllHires, Vantage, CVMail, SmartRecruiters) and filled in all the basic, repetitive info across multiple tabs at once. On days when I didn’t feel like writing answers, I used that time to complete these sections so they weren’t a chore later.
Doing everything in small, manageable pieces made the whole process so much easier. And because I spaced it out, it never clashed with my academic work.
Academics:
I broke big tasks into simple steps too... one day to brainstorm, one day to plan the structure, another to draft one section, another to refine it, and so on.
Distinctions mattered to me, so I didn’t let application stress take over. I even skipped a few applications when they clashed with my immediate priority (that crucial 70+).
Whenever I felt torn, I asked myself one simple question:
“What will I regret more in five years, missing an application or missing a distinction because I didn’t focus enough?”
For me, the answer was always the latter. That question helped me decide what to prioritise, and it's a useful trick whenever you’re conflicted. I hope that helps you to prioritise what matters to you.
Wishing you the best ♥️
For video interviews where you have two minutes to speak, how many points do people recommend making?
Thanks for the kind response, I think it just surprised me to not even get past the initial sift (I am v used to rejections post test, having had about half my applications rejected so far but these were v quick)
Appreciate the advice tho and I will definitely have a good look over them
I had a DTC interview at Slaughters last week and my application has now changed from 'under consideration' to 'interview confirmed'. My references haven't heard either - should I lose hope
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