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...
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.
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...
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.
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...
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
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.
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...
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...
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...
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...
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