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📅 2025–26 Applications: Vacation Schemes, Open Days & Training Contracts
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
That's a very good question. In my experience, US firms tend to provide a number of introductory sessions at the beginning of the TC and/or at the beginning of each seat to get you to understand the basic as to what the role of a trainee is and how to go about completing your work. Afterwards, a...- Andrei Radu
- Post #17,172
- Forum: Applications Discussion
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Ask 4 future trainees ANYTHING! *New TCLA Team Members*
From my experience and the anecdotal experience of others it seems like most articles are on broader themes around current issues. Sometimes they can include more technical details, but those are generally either (i) explained in simple enough terms for a reasonably commercially aware applicant...- Andrei Radu
- Post #188
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Hi @F2020202 I completely understand how disappointed you are feeling right now, but try not to get too disheartened by it. The fact that you have gotten so close to a VS must make it all the more frustrating, but believe me that getting to this stage shows you are an exceptional candidate...- Andrei Radu
- Post #17,155
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
The basic distinction is that with debt financing a company will borrow money from a lender and will in return make a promise to return the initial borrowed sum + an agreed upon interest. With equity financing, the company gets money from an investor but never has to pay the investor back in...- Andrei Radu
- Post #16,773
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
As long as you do not ask about the specific questions the trainee got in their interview it should be fine. Just ensure you ask the trainee in an appropriate manner: show you are mindful of their busy schedules and that you appreciate them taking the the time to speak with you. In terms of...- Andrei Radu
- Post #16,770
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
I know Slaughters definitely does not have any of the above and that Davis Polk does not either. Besides that I know that Milbank does not have any of those up until the AC stage (as part of the overall AC assessment I had to complete a WG test).- Andrei Radu
- Post #16,767
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
I would describe Sidley in London as a medium-sized outfit of an elite US firm with strengths in a suite of transactional and advisory practices. While it is undoubtably one of the most prestigious firms in the US, it currently is and historically has trailed the traditional V10 firms (Wachtell...- Andrei Radu
- Post #16,765
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Hey @a1024 I answered this in an in depth post a while ago, I will quote it bellow:- Andrei Radu
- Post #16,526
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Hi @TonyStark I think you can think of competitors in two main ways. Firstly, at the level of the firms as a whole, we would essentially look for the firms that share the most important features of Skadden for the purposes of defining market position. While the exact features that are most...- Andrei Radu
- Post #16,525
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Huge congratulations on the VS @badmintonflyinginsect :)! My main tips for preparing for a vacation scheme are the following: Brush up on your commercial awareness: while the specific way commercial awareness matters for the purposes of conversion tends to differ on a firm by firm basis, it is...- Andrei Radu
- Post #16,512
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Thank you again for the kind words Chris😄!! For the question about Paul, Weiss' position in the City, I would describe it as a middle-to-large office with a full service offering tailored for PE clients and a strategic focus on high end mandates. While its English law practice is very new, you...- Andrei Radu
- Post #16,380
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
I will list resources here for some of the principal trainee tasks in PE: Legal Due Diligence: see this Practical Law Note on the due diligence process. Process Management: I did not find any specific guide on this, but take a look at this Practical Law overview of PE buyouts in the UK - it...- Andrei Radu
- Post #16,336
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Huge congratulations @Chris Brown 🥳 🥳 🥳 this is truly an amazing achievement and I am so happy to have been able to help along the way! I know you will nail the AC, but feel free to tag me with any questions as you are preparing for it :)!- Andrei Radu
- Post #16,334
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Prestige is a term with a notoriously elusive meaning so I will caveat the following by stipulating that this will just be my personal opinion based on my limited experience in the world of biglaw. Reasonable disagreement can and does exist about almost everything I will comment here. That...- Andrei Radu
- Post #16,333
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Hi @sapphireoreos I will list my best tips for each question bellow: Tell me about yourself: explain in a brief summary what your main interests and activities have consisted of in the past 3-4 years, including both the professional/academic aspect and the extracurricular/personal side. You...- Andrei Radu
- Post #16,329
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Hi @Lizzy that is a great question and I do not think I have tackled this topic in depth before! People have different research methods which can yield equally good results. But if I were to explain my research philosophy, the starting point would be to "split" the law firm up between a number...- Andrei Radu
- Post #16,026
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Huge congrats on the AC! Here's the links to the resources I found: An older post with a general interview experience A 2020 thread discussing telephone interview experiences A 2025 post on a telephone interview experience (available via the premium database)- Andrei Radu
- Post #16,014
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
Hi @Hana ♥ and congrats on the AC! I will link here some of the general and NRF-specific resources I think could be most helpful, but please let me know if you have any follow up questions after you have taken a look: For my best tips for interview preparation, see my Complete Competency...- Andrei Radu
- Post #15,928
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
I would not expect it to. Firstly, because firms in general, but in particular American firms, have a clear preference for recruiting candidates that they can observe and test in the office. In fact, as far as I am aware, the only route available to enter biglaw in the US is the summer associate...- Andrei Radu
- Post #15,917
- Forum: Applications Discussion
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
To improve commercial awareness as much as you can over a short period, I advise you to do the following: Try to understand well the basics of how businesses and investments work. On the business side, look up how businesses generate revenue and grow, but also what are the main risks they face...- Andrei Radu
- Post #15,663
- Forum: Applications Discussion