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Aspiring Lawyers - Interviews & Vacation Schemes
Interviews Discussion
A&O interview
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<blockquote data-quote="ivannai" data-source="post: 6784" data-attributes="member: 971"><p>For the case study - I found it very legally technical, typical M&A transaction. Make sure to base whatever you say on the actual documents given out, I was told in my feedback not to incorporate what's actually going on in the markets irl (e.g. don't talk about how the tariffs would affect the automotive industry). Make sure to know how to manipulate things like warranties, indemnities etc to protect a client or to achieve the goal. Skim read everything but pay more attention to the part on the shareholder's agreement, think the partners love discussing that. Basically, assume there is something wrong with pretty much every line you read, and then think about what the problem could be/how to fix it. A good way to present the case study is to simply follow the questions that are asked (there are around 6-7 if I remember correctly) on the case study, that should give you at least 10 minutes... and any leftover time you can pinpoint certain issues that they might not cover in the questions and cover it yourself. </p><p></p><p>Also not sure if they ask everyone to run through valuations there on the spot, but do actually brush up on valuations, balance sheet basics (although they didn't seem to like just describing the trends on the BS). You will also be asked to give judgment on whether the valuation of the company (in the case study) is fair or not - that doesn't involve calculations but just general judgment from what you read. Other questions I remember include what kind of law should the transaction be based on, and if Brexit would affect that. </p><p></p><p>For the second interview (mix of competency and situational), that was fairly straightforward and shouldn't trip you up, just go prepared with examples for common topics such as resilience, teamwork etc.</p></blockquote><p></p>
[QUOTE="ivannai, post: 6784, member: 971"] For the case study - I found it very legally technical, typical M&A transaction. Make sure to base whatever you say on the actual documents given out, I was told in my feedback not to incorporate what's actually going on in the markets irl (e.g. don't talk about how the tariffs would affect the automotive industry). Make sure to know how to manipulate things like warranties, indemnities etc to protect a client or to achieve the goal. Skim read everything but pay more attention to the part on the shareholder's agreement, think the partners love discussing that. Basically, assume there is something wrong with pretty much every line you read, and then think about what the problem could be/how to fix it. A good way to present the case study is to simply follow the questions that are asked (there are around 6-7 if I remember correctly) on the case study, that should give you at least 10 minutes... and any leftover time you can pinpoint certain issues that they might not cover in the questions and cover it yourself. Also not sure if they ask everyone to run through valuations there on the spot, but do actually brush up on valuations, balance sheet basics (although they didn't seem to like just describing the trends on the BS). You will also be asked to give judgment on whether the valuation of the company (in the case study) is fair or not - that doesn't involve calculations but just general judgment from what you read. Other questions I remember include what kind of law should the transaction be based on, and if Brexit would affect that. For the second interview (mix of competency and situational), that was fairly straightforward and shouldn't trip you up, just go prepared with examples for common topics such as resilience, teamwork etc. [/QUOTE]
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