Log in
Register
Search
Search titles only
By:
Search titles only
By:
Log in
Register
Search
Search titles only
By:
Search titles only
By:
More options
Toggle width
Share this page
Share this page
Share
Facebook
Twitter
Reddit
Pinterest
Tumblr
WhatsApp
Email
Share
Link
Menu
Install the app
Install
Law Firm Directory
Apply to Paul, Weiss
Forums
Law Firm Events
Law Firm Deadlines
TCLA TV
Members
Leaderboards
Premium Database
Premium Chat
Commercial Awareness
Future Trainee Advice
Forums
Aspiring Lawyers - Interviews & Vacation Schemes
Interviews Discussion
Business simulation group exercise
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="rhyu96" data-source="post: 2031" data-attributes="member: 67"><p>Hi Alistair,</p><p></p><p>The firm I had applied to was very property focused, which influenced the exercise. The client wanted to buy a house with his brother and the task was to draft clauses for a deed e.g client would have a greater share in the property if he made more payments towards the mortgage. I also had to write an e-mail to the client explaining the clauses and encouraging them to instruct other departments within the firm. In terms of advice, the firm said they wanted candidates to give the client a good number of options and they were grading based on tone and how persuasive they were (for the email). So the focus it seems more on whether you are able to think of options - which goes to your commercial awareness. I'm still not sure on how you could prepare for these exercises as it very much depends on the area they pick on the day and I think there's less of an emphasis on getting legal wording exactly right, so you could not prepare much in that sense. I would just focus on being clear and taking the commercial factors into account and recommending options in simple language - you could brainstorm common issues their key clients face, see what the firm does generally in these scenarios and practice writing e-mails to clients in which you summarise legal concepts.</p><p></p><p>I think it's more likely you'll get something like review documents related to a potential target for a merger and advise the client on whether they should go ahead. I got that for Osborne Clarke, and it just involved drafting an e-mail summarising key legal issues and advising on next steps. For these you just have to make sure that you spend time planning how you will set out the email, so that it is clear and identify any risks in terms of future liability/additional costs/ reputational damage etc. </p><p></p><p>Hope this helps! <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="rhyu96, post: 2031, member: 67"] Hi Alistair, The firm I had applied to was very property focused, which influenced the exercise. The client wanted to buy a house with his brother and the task was to draft clauses for a deed e.g client would have a greater share in the property if he made more payments towards the mortgage. I also had to write an e-mail to the client explaining the clauses and encouraging them to instruct other departments within the firm. In terms of advice, the firm said they wanted candidates to give the client a good number of options and they were grading based on tone and how persuasive they were (for the email). So the focus it seems more on whether you are able to think of options - which goes to your commercial awareness. I'm still not sure on how you could prepare for these exercises as it very much depends on the area they pick on the day and I think there's less of an emphasis on getting legal wording exactly right, so you could not prepare much in that sense. I would just focus on being clear and taking the commercial factors into account and recommending options in simple language - you could brainstorm common issues their key clients face, see what the firm does generally in these scenarios and practice writing e-mails to clients in which you summarise legal concepts. I think it's more likely you'll get something like review documents related to a potential target for a merger and advise the client on whether they should go ahead. I got that for Osborne Clarke, and it just involved drafting an e-mail summarising key legal issues and advising on next steps. For these you just have to make sure that you spend time planning how you will set out the email, so that it is clear and identify any risks in terms of future liability/additional costs/ reputational damage etc. Hope this helps! :) [/QUOTE]
Insert quotes…
Verification
Our company is called, "The Corporate ___ Academy". What is the missing word here?
Post reply
Forums
Aspiring Lawyers - Interviews & Vacation Schemes
Interviews Discussion
Business simulation group exercise
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…