Ask A Graduate Recruiter Anything!

Discussion in 'Applications Discussion' started by Jaysen, Aug 1, 2019.

  1. Camilla

    Camilla Legendary Member

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    Thanks Dan

    Do you mean rounding up/down at the end of each academic year? That would make the most sense but I have emailed my uni to check. I can't see anything on the website.
     
  2. Daniel Boden

    Daniel Boden Legendary Member
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    No you leave those figures exact and only round up or down with the overall average

    EDIT: that's the way we do it at Nottingham anyway! Your university may be different...
     
    #1442 Daniel Boden, May 22, 2020
    Last edited: May 23, 2020
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  3. futuretraineesolicitor

    futuretraineesolicitor Legendary Member

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    Guys, any idea about which firms and which practise areas work closely with Start-ups?
     
  4. Daniel Boden

    Daniel Boden Legendary Member
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    I would have a look at the Chambers rankings website and see which firms are ranked for Private Equity - Venture Capital Investments

    I know Taylor Wessing is very well regarded in this area but their list will tell you more :)
     
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  5. gg999

    gg999 Star Member

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    Google: Allen & Overy and Fuse.
     
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  6. Jessica Booker

    Jessica Booker Legendary Member
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    #1446 Jessica Booker, May 23, 2020
    Last edited: May 23, 2020
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  7. Jessica Booker

    Jessica Booker Legendary Member
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    great minds
     
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  8. futuretraineesolicitor

    futuretraineesolicitor Legendary Member

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    Thanks for the reply guys, would it be safe to assume that VC department gets the closest to a startup because the startup has surpassed the angel stage that means it does have some sort of potential and the startup's next bet would be to get a VC on board. Not PE right because PE comes in once the business has become established and is not nascent anymore. Basically I want to be involved in a business at a nascent stage but the angel investment stage gets too early and a business may or may not move ahead from there. With PE it is different because by the time the business will reach the PE stage- everyone will believe in them and this just kills the start-up entrepreneurial experience. Am I thinking on the correct lines and should I assume that VCs will get to interact with the Start-up people the most and even during client secondments- one can go for a VC firm and work with more startups.
     
  9. Jessica Booker

    Jessica Booker Legendary Member
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    I would consider whether law is really the right route for you. It sounds like you may want to work a different sector. I am not convinced any law firm would give you the depth of specialised experience you are looking for.
     
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  10. futuretraineesolicitor

    futuretraineesolicitor Legendary Member

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    Ma'am although I am open to multiple areas- I was just starting out to choose which firm is right for me so I narrowed it down to what work I would enjoy the most- Was my approach wrong- if yes then where- Please help!
     
  11. Jessica Booker

    Jessica Booker Legendary Member
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    I think you need to read up more on how a lawyer would be involved in such matters and whether that is what would really interest you. From your posts so far, my gut reaction is that either consultancy or investment industries might be more what you are looking for.
     
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  12. futuretraineesolicitor

    futuretraineesolicitor Legendary Member

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    Ma'am I have tried looking up articles on the differences of work between these 3 professions- but haven't found anything good yet. Do you by any chance have it?
     
  13. Jessica Booker

    Jessica Booker Legendary Member
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    There will be plenty of sites to look at.

    Targetjobs will have a lot of information on all three sectors.
     
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  14. R19

    R19 Esteemed Member

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    Fair enough but remember that this will not always be the case, even for firms with a strong VC practice. More often than not, firms will be retained by those startups from the early funding stages to the later investment rounds to even IPO as there will be a strong client-firm relationship and a good understanding of the client’s business. This is also the goal for law firms, to retain clients for future projects and increase business.

    If you are narrowing down your interests to businesses at their early stages then, as Jessica has suggested, other options are available. But if these are just initial thoughts and aren’t too fussed about the stage of the client you’re working with then law could still be a shout. But, by the sounds of it, you have a pretty detailed idea about what you’re looking for! I would advise to just read more about law firms as a business.

    I’d just be very careful when expressing these interests on an application or during interviews.
     
    #1454 R19, May 23, 2020
    Last edited: May 23, 2020
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  15. Crastle

    Crastle Standard Member

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    Just out of interest, what % of candidates invited AC's are made TC offers on average?

    Also... how long does it normally take to hear back after an AC?

    Thanks!
     
  16. gg999

    gg999 Star Member

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    Knowing that information is pretty pointless and useless in my opinion and is something you shouldn't get too caught up on. If you are what the firm is looking for and meet their criteria, they will make you an offer. They wouldn't offer you an AC if there wasn't a potential space for you at the firm.

    Some firms can you let you know the day after or even a few hours after the AC like HSF. Other firms can take up to a week or two. It takes time to make these decisions as the partners, associates and gred rec that have interviewed you need to consult with each other before a final decision is made. Sometimes partners/associates get tied up or it could be a weekend coming up which could delay a formal decision being made.

    It will probably be longer than usual at the moment given the current circumstances. If it has been a couple of weeks, it will probably best to send an email to grad rec asking for an update. As Jessica has already mentioned, some grad rec teams may currently be on Furlough- which could impact a decision being made/communicated back to you.
     
    #1456 gg999, May 23, 2020
    Last edited: May 23, 2020
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  17. LilLauLLB

    LilLauLLB Star Member

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    Hi Jessica, I hope you are doing well.

    I have a question about the culture of law firms. During an interview, the interviewer told me that the trainees often voluntarily stay late or share the workload if they see their co-workers struggling because they believe in going the extra mile to help each other. That really resonated with me I was instantly more attracted to the firm, but come to think of it, everyone uses the culture of their firm as a selling point and it feels like there are no law firms out there with a bad culture. I have heard some anecdotes about different law firms but their credibility can be still be questioned.

    Given your extensive interaction with different law firms/people from different firms, is there a stark contrast between the working culture of commercial law firms and have you personally witnessed a firm with an extremely positive or toxic culture? I'm less concerned about the workload but more about how people at the firm treat and support each other when the workload gets intense.
     
  18. Jessica Booker

    Jessica Booker Legendary Member
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    A recruiter would hope that they only have to invite somewhere between 2 to 3.5 candidates per “offer” or per vacancy.

    But that’s just what they are aiming for. If you only had 1 vacancy and needed to see 12+ candidates (because none of them were good enough), you would.

    Can be anywhere between an hour and six months to hear back though. Typically most people will hear back within a week, although currently things are very abnormal and so you could have to wait to hear back on a much longer timescale due to current circumstances.
     
  19. LawDudeForce

    LawDudeForce Legendary Member

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    Hey Jessica,

    If a TC prompt asks: "Please give details of any interests/hobbies you have outside of university/work.", does that mean I cannot use any examples of activities done as part of my university experience?

    For example I organised an event on campus or was part of an intercollegiate team; or participated in a particular event through a professor.

    Thanks.
     
  20. Jessica Booker

    Jessica Booker Legendary Member
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    I suspect there is another section/question for this the intercollegiate activity.

    it depends what the event on campus was. If it was academic then probably not suited, if it wasn’t then maybe more so.
     

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