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  1. Jaysen

    You don't have to be perfect

    I would go into the doc management system (whatever your firm uses to store files) and search for 'memorandum'. You'll get a lot of hits but they'll all have the structure for a memorandum that you can use. You can also look through the results and try to find one that's more research-based...
  2. Jaysen

    The what-we're-doing-right-now page

    Here you go: https://www.thecorporatelawacademy.com/insights/shearman-sterling/
  3. Jaysen

    The what-we're-doing-right-now page

    The profile of Shearman is done! We're now working on a short guide to explain how a law firm operates as a business - thanks to @GD1995 for the suggestion.
  4. Jaysen

    Law Firm Insights Page

    Make that tonight!
  5. Jaysen

    Vacation Scheme Preparation

    We did a lot of work with NPLs in structured finance. A bank will have some borrowers who don't pay their loans or fall behind on payments. They don't like it because it's costly to keep on their balance sheet. So they sell it to private equity firms/banks/hedge funds at a big discount. They may...
  6. Jaysen

    Help with TC assessments

    My mistake, does it work now?
  7. Jaysen

    Help with TC assessments

    Done.
  8. Jaysen

    Post your vacation scheme here

    We find it's often helpful to connect students with others on their vacation scheme. That way you can get an early opportunity to get to know students and discuss the scheme. So feel free to post your scheme, dates (and location, if relevant) below.
  9. Jaysen

    Vacation scheme application tips: Advice after securing seven vacation schemes this year

    Thank you to Varis from The Student Room for providing some excellent vacation scheme application tips. This year, Varis has secured vacation schemes at Clifford Chance, White & Case, Gibson Dunn, HSF, Travers Smith, Sidley Austin and Davis Polk. "I think the application process is very much a...
  10. Jaysen

    Help with TC assessments

    I've given you access to the (private) vac scheme forums here. If you have any urgent queries/difficult work situations/confusing tasks you're welcome to post there; we put it on high priority so you will receive an answer quickly
  11. Jaysen

    Welcome! Introduce yourself here :)

    Welcome Toni and congratulations on the vac schemes!
  12. Jaysen

    Law Firm Insights Page

    Just a heads up, I will have the S&S page ready this weekend :).
  13. Jaysen

    Law Firm Interview Experiences

    Congrats to those of you who secured the scheme (I won't name names in case you want it to be anonymous but thanks for letting me know!). If you want to chat through the scheme closer to the time drop me a PM and we can set up a private forum.
  14. Jaysen

    The impact of tariffs on business and law firms

    Agreed, these are all good points. A few extra thoughts - I would also note that it would affect manufacturers and exporters in different ways. If a US manufacturer imports its raw materials from overseas their costs will rise. So that may cause them to raise prices or absorb the cost, which...
  15. Jaysen

    The impact of tariffs on business and law firms

    No problem, you ask good questions. Long-term purchase agreements will probably be banking. If it's more complex or there are hedging agreements then it's more likely to be structured finance or derivatives. Agreed. You can argue both sides here. If we're just focusing on tariffs I'd agree that...
  16. Jaysen

    The impact of interest rates on law firms - part 1

    I would focus on the industry. If you come across a client during your research then sure you can mention it, but it's not necessary.
  17. Jaysen

    The what-we're-doing-right-now page

    Hey everyone, It's an exciting day for us today because it's our two-week anniversary since we launched the website. (I know two weeks isn't something people normally celebrate but it feels like our first milestone!). We also had an idea. Rather than having sneaky updates that no-one knows...
  18. Jaysen

    The impact of tariffs on business and law firms

    Private equity - it depends on the type of companies they own and to what extent uncertainty impacts their incentive to invest. But yes, target companies in these industries may be subject to lower valuations if their profits fall because of the tariffs. Project finance - Yes I'd think so...
  19. Jaysen

    Law Firm Insights Page

    Haha, I understand - I wince looking at my first few applications!
  20. Jaysen

    Law Firm Interview Experiences

    It's worth checking whether there are any bars to reapplication in the same cycle, but if not, I'd say it's worth reapplying.

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The Corporate Law Academy (TCLA) was founded in 2018 because we wanted to improve the legal journey. We wanted more transparency and better training. We wanted to form a community of aspiring lawyers who care about becoming the best version of themselves.

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