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Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
Commercial awareness for 'smaller' law firms
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<blockquote data-quote="Jaysen" data-source="post: 425" data-attributes="member: 1"><p>Hey, KS94.</p><p></p><p>You're certainly right that some of the guides and posts are steered towards particular law firms. For example, the private equity guide would only be relevant if you were applying to a firm that does a lot of private equity work (like Weil or Clifford Chance), or if you mentioned the area of law in your application form. The same applies to the M&A guide.</p><p></p><p>The general commercial topics are more likely to come up at City law firms. Usually, firms will ask you to discuss a commercial story at an interview. They may let you choose one or give you a topic to discuss. That said, I can't say I'm as familiar with national firms or City firms with a different specialism - like private client or shipping. When I discuss the impact on law firms it's usually with international commercial law firms in mind, so if this is the part that feels irrelevant I definitely understand.</p><p></p><p>Did you have any particular issues in mind? I'd be very happy to take suggestions if there were any areas that you wanted to know more about. Or let me know if I've misunderstood your post altogether!</p><p></p><p>Otherwise, I would suggest ignoring the commercial topics that aren't relevant to the firm you're applying to. We aim to cover what's going on in the news, so hopefully, we'll get to some topics that are more useful. For example, Brexit rather than US tariffs.</p></blockquote><p></p>
[QUOTE="Jaysen, post: 425, member: 1"] Hey, KS94. You're certainly right that some of the guides and posts are steered towards particular law firms. For example, the private equity guide would only be relevant if you were applying to a firm that does a lot of private equity work (like Weil or Clifford Chance), or if you mentioned the area of law in your application form. The same applies to the M&A guide. The general commercial topics are more likely to come up at City law firms. Usually, firms will ask you to discuss a commercial story at an interview. They may let you choose one or give you a topic to discuss. That said, I can't say I'm as familiar with national firms or City firms with a different specialism - like private client or shipping. When I discuss the impact on law firms it's usually with international commercial law firms in mind, so if this is the part that feels irrelevant I definitely understand. Did you have any particular issues in mind? I'd be very happy to take suggestions if there were any areas that you wanted to know more about. Or let me know if I've misunderstood your post altogether! Otherwise, I would suggest ignoring the commercial topics that aren't relevant to the firm you're applying to. We aim to cover what's going on in the news, so hopefully, we'll get to some topics that are more useful. For example, Brexit rather than US tariffs. [/QUOTE]
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