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TCLA Vacation Scheme Applications Discussion Thread 2025-26

What was the wording of the email?
“Thank you for applying to Lewis Silkin.



We wanted to let you know that we are currently running slightly behind schedule with our review process. We’re working through applications as quickly as we can, and we expect to be in touch with an update early next week.



Thank you for your patience, and please don’t hesitate to reach out if you have any questions in the meantime.”
 
“Thank you for applying to Lewis Silkin.



We wanted to let you know that we are currently running slightly behind schedule with our review process. We’re working through applications as quickly as we can, and we expect to be in touch with an update early next week.



Thank you for your patience, and please don’t hesitate to reach out if you have any questions in the meantime.”

yeah i got this too; I can only reason that those who've not received it are already in either a "yes" or "PFO" pile
 
Hey!

I'm not too knowledgeable on these areas myself, so my advice would be quite general! However, when I was starting to learn more about specific areas my starting point is usually Investopedia. For example, I've had a look for posts on Funds and Private Credit and have found:
If videos are what work best for you, I would definitely have a look at YouTube and search things such as "How private equity works", "What is private credit", "How a fund is structured", etc. When I was preparing for an interview at a PE-focused firm last cycle, I found this video from TCLA really helpful as an introduction: "What Private Equity Lawyers Actually Do? - with Bernie Rivard"

In a case study, they are usually testing:
  • Can you spot key risks?
  • Do you understand the client's overall commercial objective?
  • Can you think commercially and offer practical solutions?
For example, in an M&A case study, you need to think about what the buyer is actually trying to achieve and what are the main risks to highlight in due diligence. For PE, this might be how the fund will exit and what could impact returns from the investment. Lastly, for private credit, you would want to consider what the lender would be worried about (e.g. repayment, security, etc.).

A simple structure that might help you as you approach these exercises is:
  1. What is the client's goal?
  2. What are the main commercial risks?
  3. What would you prioritise as their lawyer?
Try to focus on keeping it logical and commercial - they won't be expecting you to address the technical complexities of an LBO model, but rather to show that you understand the client's objective, can identify the key commercial risks, and can think practically about how a lawyer would help protect the client's position.

I hope that helps! :)
Thanks Abbie, this is quite helpful!

Cute Cartoon You Rock GIF by Bells and Wishes
 
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Reactions: Abbie Whitlock
If there's anyone who's completed an AC at Irwin Mitchell for the ILS stream earlier this year (it seems like the offices outside of London have their AC's first) or last year I'd be incredibly grateful for any hints and tips regarding what to expect for both the written and group exercise and the interview!

I've not done one before so any help would be so amazing!

Thank you!
 

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