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  1. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    It’s a different way of thinking, you can definitely practice it, PM if you want to as I’m part of a group doing a practice case study presentation + questions over zoom in the next week or so
  2. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    If you’re with ULaw, DM as I’m happy to help (currently doing PGDL there on track for a distinction)
  3. J

    Mock AC in London

    Interested!
  4. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    It's entirely possible, I know people who have done it, although as a partner so it was more of a they come to you scenario. As said above, its impossible to tell you how/when it will happen. The advice I was given for this situation is get the TC wherever and then work hard, the number one...
  5. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Completely agree. Another way is looking at NQ salaries. Firms that are at a similar level all tend to pay the same to reduce competition eg magic circle all pay the same, cravath scale etc. Remember pay = hours worked x hourly rate. if they’re paying similar to other firms they’re either...
  6. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Also in terms of salary, the net difference over 10 years before you hopefully start being considered for partnership, although of course that’s not a given is according to my math about 70k a year. After tax that’s roughly 40k and works out to about an extra £16 an hour. If you became a partner...
  7. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Don’t forget that law is a 30-40 year career, just because you’re not at your dream firm now doesn’t mean that you can’t go to Skadden later. Almost no one stays at the same firm their entire career. Get the TC, then once you qualify, see if you can move, either to Skadden or another firm that’s...
  8. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    I found it quite funny, as they won't exist next cycle
  9. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    It's quite annoying in that it doesn't specify who exactly the client is, I broke it down into mainly prose and then bullet points for stats.
  10. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    The way it has been explained to me is that it's effectively free labour for the client as the firm continues to pay your wages. This helps deepen the client relationship as it enables a greater closeness between the client and the firm; it will probably be one of the terms to sit on a panel...
  11. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    With the case study, is it the knowledge of the content, or bringing in outside commercial awareness or something else? For the situational ones, had you planned the responses or were these ones you had to think of on the spot? What has been recommended to me with any sort of interview or...
  12. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Is there a consistent theme to your feedback calls?
  13. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    I'll add onto that - Legal recruitment, of course NQ salaries have skyrocketed in the last 10 years, but particularly those in PE are becoming extremely expensive. As an example Neel Sachdev, a PE partner, was lured from K&E to Paul Weiss for a reported 20 million a year. In terms of pay, this...
  14. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Whats up? pm me
  15. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    I would say that is on the longer side, I don't know if you wrote this down or not, but that length sounds to me like a solid side of A4. It's an interview, in essence a conversation, not a one-way speech. Look at the reasons for x firm and see what bits you could cut down a bit, I would say 4...
  16. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Commercial awareness is obviously a big thing, but that is easy to rectify. Read more, but also try and utilise any contacts you made at the firm. Is there anyone you could message and ask for a coffee to discuss commercial issues, not only so you get the knowledge but also just become used to...
  17. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Yes your work experience is enough, that is way more than the vast majority of us. As I think someone earlier said, something client facing could be good, but I don't see this as big a stumbling block as you think it is. A vac scheme and an insight week at an MC firm suggests that you have the...
  18. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    Depends on what you want to reference. I would keep notes to something you could fit in your jacket pocket to be nimble as I can't imagine anything worse than desperately flicking through notes. Notes could be great for certain commerical things, like are there any commercial events or stories...
  19. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    What sort of notes do you want to bring in?
  20. J

    TCLA Vacation Scheme Applications Discussion Thread 2023-24

    London

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