Hi,How would you go about answering why transactional law and not investment banking?
I was asked this in my final TC interview and the first thing I acknowledged was the overlap between transactional law and investment banking.
I then went on to discuss three reasons why I was drawn to commercial law. I discussed the team/client relationship within law firms and the value I place on such relationships. I also discussed the analysis, problem solving and skills required in transaction law, relating some experience to this (which at the time was a Vacation Scheme experience but could be any relevant experience). I then also discussed the role that a transactional lawyer takes in a deal and directly compared this with an investment banker's role, and highlighted why this was more attractive to me.
Hope this helps!