Hey there! I’ve made a short post on these to help:
WHAT IS DEBT FINANCING AND A LEVERAGED BUYOUT?
Imagine you want to buy a really expensive bike, but you don’t have enough money. You could save up for years, or you could borrow money from the bank to buy it now.
Debt financing is when you...
WHAT IS LIQUIDITY?
Liquidity refers to the ease with which an asset can be converted into cash without significantly affecting its value. In financial markets, cash is considered the most liquid asset because it can be used immediately for transactions. Other assets, such as stocks and bonds...
You don’t need to have attended an event. The key is how you link your experiences from that event, to the new firm you’re applying to. For example, if you got an insight into a practice area that the firm you’re applying to is good at, use that experience to show demonstrated interest!
3 THINGS YOGA HAS TAUGHT ME (that apply to the law firm application process!)
The truth is, yoga and the law firm application process might seem worlds apart, but they share fundamental lessons that can make a real difference in approaching applications with clarity and confidence. When I was...
Hey there!
I completely get the nerves - I had them too and surely everyone has because we’re all human at the end of the day, and it’s totally normal to get nerves when you have an important day coming up.
I will not go into too many technicals on this post because the forum has loads of...
Hey there! I’ve linked @Andrei Radu ’s great guide here - https://www.thecorporatelawacademy.com/forum/threads/a-complete-guide-for-competency-interview-preparation.9380/
This varies among firms and each cycle. @Ram Sabaratnam has created a really helpful guide here - https://www.thecorporatelawacademy.com/forum/threads/where-firms-recruit-from-vacation-scheme-vs-direct-tc-applications-2024-2025.9147/
Yes, it would be advisable to talk about skills or past work experience, but the key is to frame them in a way that highlights what makes you stand out. A "unique selling point" (USP) should focus on what differentiates you from other applicants; this could be a combination of your skills...
Hey,
This is a really valid question.
When I was interviewing, I would look at both interviewers regardless of who asked the question. This is because it’s like any conversation… even like the ones you have with friends. Subconsciously, you look at every one of your friends in convos to...
Another tip for SJTs is to factor out the wrong answers first in your head. It’s sort of like how you do in a multiple choice. It’s like you’re playing a game. By choosing the answers that are obviously wrong first, you place yourself in a position where whatever you pick, is likely to be...
Hi there,
This is a totally valid feeling that I commonly got. How I best navigated all the info, was to take a deep breath first. After doing so, I would look at the question being asked. Then, I will read all the materials carefully, while having the question in mind. Whilst doing so, I would...
Hi there! This is what their website says - “We will NOT berecruiting into our London office for 2027”.
I have not seen vacancies for VS’ or TC’s in the London office, so I presume this statement applies to both types of placements.
Link -...
One feedback I often got from exercises like this is that I did not discuss the commercial side enough, and I focused mainly on the legal stuff. Clients will want to know more about what affects their business, and while including legal risks is good and demonstrates sound knowledge, it is...
If the information cannot be found online easily, then to avoid addressing it to the wrong person, “Dear Training Principal” is fine. Another thing is that even if you do find a name, if it did not come from the firm directly (their GR website is the most accurate source), then do not use it...
This is a really good question. I have quoted some posts to help.
With regards your more specific questions…
Is it best to state firms that are similar to the firm so that your 'interest' in the firm seems more genuine? Or does it not really matter what the other firms you've applied to are...
The way I see it, if the position of responsibility satisfied any one of the criteria above (i.e an interest pursued outside work/study, or led to a noteworthy achievement), then yes.
Hi there!
I’ve linked our deadlines thread here for both VS’ and TC’s - https://www.thecorporatelawacademy.com/forum/threads/winter-spring-and-summer-vacation-scheme-deadlines-2024-25-with-rolling-non-rolling-checklist.8957/...
Hi everyone,
It is quite disappointing that I have to step in and moderate the earlier disputes. This is a gentle reminder that the forum is a space for support, not conflict. We’re all on this journey together, and it’s important that we uplift and encourage one another. Let’s keep the...
There are two ways to view this. On one hand, if it is the only application question on the form, then you will ideally want to spend as much words covering all the relevant aspects, backed up with specific examples. On another hand, meeting the word count exhaustively when you do not have much...
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