Featured Threads Archive
The Aspiring Lawyer's Guide to Brexit - COURSE 3 IS NOW LIVE!
Brexit is messy. It’s large in scope, complex and in constant flux. It’s contentious and everyone has an opinion on it. It’s also not leaving the minds of businesses and law firms any time soon.
That makes Brexit a great topic for interviews, especially group interviews, debate-style questions and as a means to test your broader commercial awareness.
Our third course, the Aspiring Lawyer's Guide to Brexit, is a roadmap to what you need to know about Brexit for your interviews. It’s structured through a series of interview questions based on the impact of Brexit on businesses and law firms.
But this course also goes beyond the interview. It’s designed to provide you with a richer understanding of how commercial events impact law firms, both directly and indirectly through their clients.
Welcome to the first commercial news update for July.
Commercial News Update: 3rd July 2019
Topics covered this week are:
1. The bid for British Steel and problems facing the Steel Industry (@bugsy malone)
2. US-China Trade Truce at the G-20 Summit (@Jaysen)
3. Rise in Gold Investment (@Sairah)
1. The bid for British Steel and problems facing the Steel Industry (by: @bugsy malone)
On Sunday evening the deadline for bids to purchase British Steel past. The company collapsed in May after its owner, Greybull Capital, failed to secure a government loan of £75 million. If a buyer is not found then the...
Rather than thinking of any one employer in particular, I've been reflecting on what it is graduate recruiters want to see on applications generally. I feel there are a few main points to satisfy. Obviously, there are various degrees to which it is necessary to satisfy them, depending on the firm (I imagine a firm like Latham & Watkins will set a higher bar than a regional one).
Therefore, by way of discussion, the general idea I'm getting is that there are three main 'pillars' to the application process. Do feel free to correct me on this, as I'm far from experienced... this is just what I've glued together from my own applications and the experiences of friends who are further along than me:
1) Meet the academic requirements. Every single firm whose A-level requirements I did not meet rejected me. I had hoped that the shortcoming would be discounted based on the strength of the application in other areas, but that is seemingly not how it works....
I thought it would be interesting to see where our members are heading to this summer. A couple of trainees have also asked me if any TCLA members are heading to their firm this summer, so I can give a heads up. Feel free to also include the dates of your scheme.
In the meantime, you may find the following helpful:
- Convert your vacation scheme into a training contract: https://www.thecorporatelawacademy.com/convert-your-vacation-scheme-into-a-training-contract/
- Vacation Scheme Guide 2019: https://www.thecorporatelawacademy.com/the-vacation-scheme-guide/
- Vacation Scheme Diaries: https://www.thecorporatelawacademy....official-vacation-scheme-diaries-thread.1430/
- We are also currently posting daily tips on our LinkedIn page.
Welcome to the first commercial news update for June! We are still trying to keep our stories a little bit shorter and snappier for you all but do let us know what you think!
Commercial News Update – 5th June 2019
Topics covered this week:
- Trump’s ‘Substantial Trade Deal’ with the UK @Jaysen
- The Google Antitrust Investigation @Moni
- Trump’s Tariffs on Mexico @Alice G
- Italy’s Debt @Sara Moon
Trump’s “Substantial Trade Deal” with the UK @Jaysen
President Trump called the UK-US special relationship the “greatest alliance the world has ever known” on day two of his state visit to the UK. The US president’s comments came during a joint press conference with Theresa...
We are inviting applications to join our podcasting team!
Deadline: Friday 7 June 2019
This year, we established the TCLA podcast series: "Trainee Talk". We are now looking for two people to join our team!
Trainee Talk features interviews with future trainees, trainees and other members of the legal profession, as we try to uncover how they got to where they are and share the advice they have for aspiring lawyers.
Why become a member of the podcasting team?
- You will build relationships with a variety of stakeholders, which may include graduate recruitment, trainees and associates at commercial law firms
- You will be given access to TCLA Premium Version 2.0
- You will be pivotal in growing TCLA's userbase from a monthly reach of...
Why have you chosen law over another career or what has attracted you to commercial law are all iterations of the same question and you're likely to be asked it in your next application. However, what is the question broadly asking you and how can you go about answering it are considerations you must take into account before delving in.
In fact, your route into law may not have been definite and certain. You may have mulled it over for a little while or been enticed by money. Nevertheless, it’s important to break down all the little motivations that keep you going and what you think will result in your eventual satisfaction within this field of work. Below, I have outlined a few.
1) Considering motivations
I believe that motivation for a legal career can broadly fit into two categories:
- experience in the legal world
- internal motivators
Commercial Awareness Update: 1st May 2019
Another month has flown by! The topics covered this week are:
1. Second Belt and Road Forum (by @kitk)
Last week, over 5,000 delegates attended the second Belt and Road Forum held in Beijing.
This forum is about China’s Belt and Road Initiative (BRI). Launched in 2013, the BRI aims to connect Asia, Africa and Europe via both land corridors and sea routes. This involves the funding of infrastructure projects, like the building of railways and ports, in various countries around the world.
At last week’s forum, US$64 billion in deals were signed and 283 “practical outcomes” had been achieved. Also, 37 world leaders joined Chinese President Xi Jinping in signing a...
The other day I spoke to someone who went through three recruitment rounds before finally being offered a training contract with a great firm. I’m on my second (likely unsuccessful) round and I’m trying not to give up hope, so I find stories like this really inspiring and would love to hear them.
Current and future trainees, did anyone have to go through more than one recruitment round to get a training contract? What happened? Why do you think you were ultimately successful?
Looking forward to hearing some inspiring stories!
Cover letters can be the bane of your existence or a blessing sent from heaven, depending on your perspective. It is a blank canvas upon which you can dictate how much you share and what you share with the employer which in many ways is brilliant. In others, such as considering how to structure it and what to include, it can be somewhat daunting.
The following covers some of the main considerations of a legal cover letter, whether you’re applying for paralegal roles or a training contract.
- Consider the purpose of the letter
Like almost all my other tips, I would suggest that you stop and think about what you’re trying to achieve with this kind of writing. Here are a few considerations (taken from https://law.yale.edu/student-life/c...udent-job-seekers/cover-letter-advice-samples) :
A good cover letter:
- Demonstrates your writing skills;
- Tells the employer who you are (e.g., a first-year...
Hello and happy Sunday! I hope this post finds everyone well, whatever you might be up to if it is exams, applications or vac schemes! My next writing topic is about acing written exercises in assessment centres, for anyone who might have TC assessments in the near future.
Naturally, your writing will be guided by the topic or the nature of the task, but I hope to provide some general tips that can be applied to the majority of these exercises.
1) Know what the exercise is asking of you, before writing
This step is pretty self-explanatory. However, with every comprehension exercise, you will be marked down badly if you don’t focus on the most important parts of the task. Using the example of a Simmons & Simmons written assessment; the task involved writing a report on which building, out of three, you would recommend that the law firm moves into. The brief gave a few pointers on what Simmons partners wanted from their office space, including indoor and outdoor...
I have been asked by @Jaysen to create this thread to summarise what I believe are the big stories in The Lawyer and Legal Week every week. I will aim to try and do at least one summary per week given I know that many of us don't have premium subscriptions to both so I will try to ensure you guys can get the key articles from both publications!
I hope you find this useful and any feedback please just comment below and I'll do my best to improve week by week!
Hope you have all been well, and welcome to the first commercial news update in April! Happy reading!
Commercial News Update - 3rd April 2019
Topics covered this week:
1. Progress in US-China trade talks – @Abstruser
2. Approval of Draft EU Copyright Directive – @kitk
3. Jaguar Land Rover’s victory in the Chinese Courts - @bugsy malone
4. The Mueller Report – @Angel
(Personal views of authors may be implied)
Progress in US-China trade talks (by @Abstruser)
Last Friday, China and the US concluded the latest round of trade talks between the two countries. US Treasury secretary Steven Mnuchin described the talks, which took place in Beijing, as “candid and constructive”, and negotiations are expected to continue...
The Corporate Law Academy is delighted to announce its new podcast: Trainee Talk. The podcast is run by @Yee Rou Quah, a member of the TCLA team and a future trainee at DAC Beachcroft.
Episode 1: An interview with Laura B., a trainee from CMS. In this episode, TCLA talks to Laura about her application journey, from graduating from university into the recession, to being crowned CMS UK Trainee of the Year in 2019.
Episode 2: Our first interview with Lewis Malkin, who secured six vacation schemes and is now a trainee solicitor at Baker McKenzie.
More episodes coming soon!
Check it out here: https://soundcloud.com/traineetalk
As we all know, excellent academics build the foundation of an impressive application. With exams coming up, I thought that it is a good idea to have a revision thread to help us get through these two/three months and provide support to each other. I always find contributions from friends at other universities very creative and thought-provoking given the slightly different syllabus in different universities. I will be recording my daily activities here so to provide some motivation for others and to help my organisation. I encourage you to do the same. This year, I'm covering Contract Law, Land Law, Tort Law, and Public Law.
- Tasks to complete: Tort Law Essay 2000 words on police negligence by April 2nd; Public Law PQ 3000 counter-terrorism and human rights by April 26th.
- What did I do: read and took notes of the three key judgements, still reading commentary on police negligence and the Robinson case in particular. (If anyone has a reading list...
For my third writing tip I thought I would try and shed some light on how to write about work experience and extra-curricular activities in a convincing manner. From personal experience, the work experience section can be neglected in favour of the bigger, 250-300 word questions that law firms want answering. I used to believe that bullet-points would cut it. The reality is that this is yet another section in which you can sell yourself and shine, so should be taken as seriously as the essay-style questions.
1) Before you write, consider the work experiences you have
It is a very big myth that you cannot obtain a vacation scheme or training contract without legal experience. My first Assessment Centre and interview invites came before I even had an ounce of legal experience, so it is definitely doable. On that note, however, you would need a rich history of experience to draw upon and use to extract the skills that recruiters are looking to see. I think this...
We have one position available in our commercial writers team (the team responsible for weekly commercial updates) to start in April.
With exams coming up, the successful candidate will help to support team members who will be taking time off to prepare for exams.
You can read more details about the role here. Since they started, the team have been extremely successful and their weekly posts have attracted many followers!
If you're interested, please fill out this Google Form. Applications are open until 31 March 2019.
I have had a few members message me about how I prepare for interviews and ACs and, specifically, how I go about distinguishing firms from each other. I compiled a bullet pointed list of things I consider and answer when trying to do this and I felt it might be beneficial for me to share this here for everyone to take a look at! If anything is unclear please let me know and I can try to add greater clarity
1) What working/billable targets does the firm have? Does this fit with your personal working style and preferences?
2) Partner remuneration - is it lockstep, modified lockstep? - this can affect culture and can be beneficial or not depending on your work preferences again
3) Firm's values/principles (Most firms do pro bono but WHAT pro bono do they do and are they big on mental health initiatives and championing women in the workplace, etc? )
4) Management structure/firm governance - can impact culture and flexibility in your work, especially at the partner...
Following my previous post, (which I have copied below) please would you like this post if you would be interested in this idea and comment if you would be prepared to do a write-up for us Thank you all in advance!
"We are thinking of creating a new online space for people to document their vacation scheme experiences on the platform. Similar to the interview insights to a degree, I felt it would be useful for people to diarise their experiences on the forum. Taking notes on what you do each day on a vacation scheme is useful for you as the participant for your final interviews when you will typically be asked what you've done, and I think it will be invaluable for those who have not yet undertaken a VS to see what life as a trainee really looks like. We don't need specifics (and nor should you provide them because of confidentiality etc) but just a decent outline of what you got up to each day in your seats including any socials/talks etc. I will devise a...
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