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
Definitive Guide to Law Firm Case Studies! *Monday Article Series*
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="Jacob Miller" data-source="post: 53882" data-attributes="member: 5063"><p>Hi Rachel, </p><p></p><p>Glad you like the article! </p><p></p><p>1) it depends massively, so it's hard to give a precise response. Depending on your proficiency with these sorts of assessments, you will be able to pick out more or fewer points than another candidate. I would certainly focus on any specified points like client demands before other things though. I would typically include pretty much everything I could write in the response while keeping the quality good and my handwriting legible. I would recommend trying to get a handle on how much you can write in a particular amount of time as a starting point. </p><p></p><p>2) targets-based payment is a flexible payment/ consideration strategy whereby existing senior managers are incentivised to stay on for a prolonged period of time by being paid more if the company hits certain performance targets. It can be a way of ensuring that senior managers who would otherwise want to leave are likely to stay on, and also spreads the cost for the buyer over an additional couple of years. It's one of many nuanced payment structures that can be used nowadays. </p><p></p><p>3) again, it depends massively so I wouldn't want to say that one is necessarily right or wrong. Allow yourself to be led by the facts presented to you in principle: if there are more primarily-legal issues, answer accordingly; if there are more primarily-commercial issues, do the same. I would tend to say that a lawyer should first and foremost deal with legal challenges, but there can often be a blurred line between these so I would primarily view this through the lens of the potential ramifications of the issue as opposed to whether it is legal or commercial per se. </p><p></p><p>Hope this helps!</p></blockquote><p></p>
[QUOTE="Jacob Miller, post: 53882, member: 5063"] Hi Rachel, Glad you like the article! 1) it depends massively, so it's hard to give a precise response. Depending on your proficiency with these sorts of assessments, you will be able to pick out more or fewer points than another candidate. I would certainly focus on any specified points like client demands before other things though. I would typically include pretty much everything I could write in the response while keeping the quality good and my handwriting legible. I would recommend trying to get a handle on how much you can write in a particular amount of time as a starting point. 2) targets-based payment is a flexible payment/ consideration strategy whereby existing senior managers are incentivised to stay on for a prolonged period of time by being paid more if the company hits certain performance targets. It can be a way of ensuring that senior managers who would otherwise want to leave are likely to stay on, and also spreads the cost for the buyer over an additional couple of years. It's one of many nuanced payment structures that can be used nowadays. 3) again, it depends massively so I wouldn't want to say that one is necessarily right or wrong. Allow yourself to be led by the facts presented to you in principle: if there are more primarily-legal issues, answer accordingly; if there are more primarily-commercial issues, do the same. I would tend to say that a lawyer should first and foremost deal with legal challenges, but there can often be a blurred line between these so I would primarily view this through the lens of the potential ramifications of the issue as opposed to whether it is legal or commercial per se. 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
Definitive Guide to Law Firm Case Studies! *Monday Article Series*
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…