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  1. V

    Are my grades an issue?

    I got a 2:2 in contract (even worse than tort, especially for commercial City firms) in year 1 and later on got 4 VS offers and a TC, so you'll be fine!
  2. V

    Might have failed an undergraduate module - Implications

    Hey, I just want to chime in as it's well and good waiting for the actual results to come in but I also have a hard time not thinking about the "worst case scenario", especially when I have some reason to fear it might actually happen. A mate of mine failed a module in undergrad - he had no...
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    Factors important for lateral transfers?

    Thanks so much for the advice! So just zooming in on the complexity of work / autonomy given you mentioned, would this typically be (roughly) similar between, say, an M&A dept. in an SC / MC / US firm, assuming they all focus on for instance public mergers? Or do you reckon there can be a...
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    Factors important for lateral transfers?

    Hi all, I'm wondering what factors are important when hoping to do a lateral transfer to a different firm's transactional department, say between NQ and 3 PQE? I'm guessing things like size of deals you've worked on etc. matter, but I'm struggling to make an exhaustive (or at least...
  5. V

    Choosing a TC start date

    Congrats on the decision then, and best of luck with the Civil Service role! If you don't mind me asking, which firm will you be joining? :)
  6. V

    Choosing a TC start date

    Hey, if I can chime in here as well, I was in a similar position re doing a role I really liked or having to pass up on it (or severely limit it) for an earlier start date. The earlier one guaranteed doing the LPC, while the later one meant I'd have to do the SQE. I went with the later start...
  7. V

    Preferred practice area - first or last seat?

    That's very insightful actually, thank you both so much for the input! There's definitely a lot of factors to consider (and even more which will be out of your control as a trainee), you've definitely given me food for thought
  8. V

    Preferred practice area - first or last seat?

    Ah makes sense, thank you! You're completely right, I'm sure there's a lot of factors that go into deciding who gets what seat and when, including, as you said, other trainees' preferences. But say I decide that, e.g., M&A is (currently) the seat which seems most appealing to me. Would you...
  9. V

    How do young lawyers manage their finances?

    Great, thanks both, that's very helpful!
  10. V

    How do young lawyers manage their finances?

    Ah fair enough, that makes sense, I was referring more to the comment above that stated you have to submit a self-assessment tax form even if you're 100% on the PAYE system, as long as you make over 100k. Is that true even if it's your only source of income (i.e. no investments, other sources of...
  11. V

    Preferred practice area - first or last seat?

    Hi all, I'm due to start my TC in 2023 and I've got a few ideas about the practice areas I'm interested in ultimately qualifying into (mostly M&A and/or finance). Of course I'm sure my knowledge / opinions will become much more nuanced as I progress through my seats, but at the moment this is...
  12. V

    How do young lawyers manage their finances?

    That's interesting, I didn't know that. I'm assuming firms will inform us about this / we will get training or a course on the topic? Or is there somewhere you could recommend reading up on this?
  13. V

    Using the time before my LPC / TC - is unemployment an issue?

    Thank you both, that's very helpful to know!
  14. V

    Using the time before my LPC / TC - is unemployment an issue?

    Hi all, I'm currently in the very fortunate position to have secured a TC starting 2023, with my LPC starting September 2022. I gave my resignation at a job I didn't really enjoy that much not long ago, and am currently thinking of taking a bit of time to myself before the TC starts. I haven't...
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    2020-21 Vacation Scheme Applications Discussion

    Just out of curiosity, say firm A allows you to attend a direct TC interview in lieu of doing their VS cos you're doing a VS with firm B. How would you be able to really justify your motivation for firm A for a TC when they clearly weren't even your priority for the VS (as you could've always...
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    2020-21 Vacation Scheme Applications Discussion

    No yeah, in that situation I can definitely see what you mean. I was more imagining a scenario where you haven't accepted a TC elsewhere, you might not have even accepted a VS elsewhere, and you get invited to an interview for a VS which you can't attend (for whatever reason, personal / work...
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    2020-21 Vacation Scheme Applications Discussion

    Hmm that's a fair point, perhaps doing a VS you wouldn't accept a TC from is a bit much. What about an interview though, if you're attending an interview it doesn't necessarily mean you've bagged a TC elsewhere already and you're set - you might simply be unable to attend that firm's dates (and...
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    2020-21 Vacation Scheme Applications Discussion

    Agreed, I would just like to add one thing: there is a certain benefit to attending an interview even if you know you can't attend the VS / TC. Interviews / assessment centres are, for most of us, few and far between, and you usually improve by a considerable amount after each one. You learn...
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    2020-21 Vacation Scheme Applications Discussion

    Ah got it, thanks!
  20. V

    2020-21 Vacation Scheme Applications Discussion

    Do you think there's any benefit in mentioning it at the exit interview as opposed when / if you get the offer? Are you more likely to be given an earlier place that way?

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