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Aspiring Lawyers - Applications & General Advice
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Commercial question tips needed
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<blockquote data-quote="C" data-source="post: 44272" data-attributes="member: 3694"><p>Hello!</p><p></p><p>A common question on application forms always asks something along the lines of "if you had to advise our management on one key area/sector to focus on in the coming years, what would that be and why?".</p><p></p><p>I understand that you're meant to employ your commercial awareness and core understanding of the firm here, and discuss how you foresee advances in the current market will impact the firm's practice in the future etc.</p><p></p><p>But for a thorough and specific answer, I'm stuck on discussing how to <em>practically</em> implement my suggested advise. For example, if I advise for the firm to grow its debt and restructuring team given the current covid-19 situation, what are the different ways firms can go about this? (i.e. hire more lawyers within this practice area, or through further marketing etc).</p><p>Or do I need to talk about subsequent practical changes at all, and mentioning growing this particular practice area and my reasoning behind it is enough?</p><p></p><p>Any insight would be great, thank you <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="C, post: 44272, member: 3694"] Hello! A common question on application forms always asks something along the lines of "if you had to advise our management on one key area/sector to focus on in the coming years, what would that be and why?". I understand that you're meant to employ your commercial awareness and core understanding of the firm here, and discuss how you foresee advances in the current market will impact the firm's practice in the future etc. But for a thorough and specific answer, I'm stuck on discussing how to [I]practically[/I] implement my suggested advise. For example, if I advise for the firm to grow its debt and restructuring team given the current covid-19 situation, what are the different ways firms can go about this? (i.e. hire more lawyers within this practice area, or through further marketing etc). Or do I need to talk about subsequent practical changes at all, and mentioning growing this particular practice area and my reasoning behind it is enough? Any insight would be great, thank you :) [/QUOTE]
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