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Aspiring Lawyers - Applications & General Advice
Applications Discussion
Ask 3 future trainees (Magic & Silver Circle, International Elite) ANYTHING! *New TCLA Team Members*
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<blockquote data-quote="Dheepa" data-source="post: 48285" data-attributes="member: 1572"><p>Hi there! </p><p></p><p>So my personal approach to questions like this has always been to stay away from the general issues facing law firms as a whole. By this I mean things like cybersecurity, data protection, the Big 4, etc. This is because I've always felt like these kind of issues are far too generic and is never tailored enough to the firm. </p><p></p><p>I always try to work backwards by looking at the a) industries/sectors/regions the firm operates in b) any key clients it might have and what issues they seem to be facing and c) what are the firm's competitors doing</p><p></p><p>Once you've decided the exact issue you want to focus on, I'd then think about exactly how this creates challenges for the firm: a) Does it affect their work - an uptick/reduction in certain areas b) Does it require new investment - in emerging markets maybe, or making more hires </p><p></p><p>Then I think you can tie into what kind of opportunities this creates: a) Does the firm have any complementary services it can add to create value or help its clients b) Does the firm have a particular USP/expertise that makes it better suited to capitalise on the challenge rather than its competitors</p><p></p><p>I hope that gives you some ideas. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Dheepa, post: 48285, member: 1572"] Hi there! So my personal approach to questions like this has always been to stay away from the general issues facing law firms as a whole. By this I mean things like cybersecurity, data protection, the Big 4, etc. This is because I've always felt like these kind of issues are far too generic and is never tailored enough to the firm. I always try to work backwards by looking at the a) industries/sectors/regions the firm operates in b) any key clients it might have and what issues they seem to be facing and c) what are the firm's competitors doing Once you've decided the exact issue you want to focus on, I'd then think about exactly how this creates challenges for the firm: a) Does it affect their work - an uptick/reduction in certain areas b) Does it require new investment - in emerging markets maybe, or making more hires Then I think you can tie into what kind of opportunities this creates: a) Does the firm have any complementary services it can add to create value or help its clients b) Does the firm have a particular USP/expertise that makes it better suited to capitalise on the challenge rather than its competitors I hope that gives you some ideas. :) [/QUOTE]
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Ask 3 future trainees (Magic & Silver Circle, International Elite) ANYTHING! *New TCLA Team Members*
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