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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: 52029" data-attributes="member: 1572"><p>Agreed with Jacob. Nothing wrong with discussing trends but I would mention a specific story that tracks that trend anyway. This was my own approach to questions like this.</p><p></p><p>Re: Tesla, I disagree with Jacob slightly on the point that it is solely an investment issue. My own personal opinion on the Tesla stock price is that because it is the dominant autonomous vehicle and electric vehicle developer in the market atm, part of its over valuation can be linked to that. If you take this view yourself (I'd encourage you to read around it and also look into what Elon Musk has said about Tesla being more akin to a tech company - this doesn't seem to be too far from the truth imo especially considering the battery tech they are developing) then one trend you can try to take away from the story is the rise of AVs/EVs in general and the opportunities that presents for law firms (although maybe there are more directly linked news stories you can use for this particular topic if it is something you're interested in).</p><p></p><p>The point of this kind of question is really to see if you can make sense of purely commercial issues to see how law firms can capitalise on that so my own advice is don't feel like you need to stick to something that has purely legal implications. Track a story that you're really interested in and think about where law firms can come in for their clients in those areas!</p></blockquote><p></p>
[QUOTE="Dheepa, post: 52029, member: 1572"] Agreed with Jacob. Nothing wrong with discussing trends but I would mention a specific story that tracks that trend anyway. This was my own approach to questions like this. Re: Tesla, I disagree with Jacob slightly on the point that it is solely an investment issue. My own personal opinion on the Tesla stock price is that because it is the dominant autonomous vehicle and electric vehicle developer in the market atm, part of its over valuation can be linked to that. If you take this view yourself (I'd encourage you to read around it and also look into what Elon Musk has said about Tesla being more akin to a tech company - this doesn't seem to be too far from the truth imo especially considering the battery tech they are developing) then one trend you can try to take away from the story is the rise of AVs/EVs in general and the opportunities that presents for law firms (although maybe there are more directly linked news stories you can use for this particular topic if it is something you're interested in). The point of this kind of question is really to see if you can make sense of purely commercial issues to see how law firms can capitalise on that so my own advice is don't feel like you need to stick to something that has purely legal implications. Track a story that you're really interested in and think about where law firms can come in for their clients in those areas! [/QUOTE]
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Ask 3 future trainees (Magic & Silver Circle, International Elite) ANYTHING! *New TCLA Team Members*
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