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Message: <blockquote data-quote="Jaysen" data-source="post: 225" data-attributes="member: 1">Hey guys,I can share my thoughts on the vacation scheme interview; I can’t confirm how much cross-over there is with the first year scheme interview, but I imagine some of it does.For the interview:<ul> <li data-xf-list-type="ul">You’ll need to demonstrate a basic understanding of private equity – I imagine you’ve seen the <a href="https://www.thecorporatelawacademy.com/what-is-private-equity-a-complete-guide-for-law-students/," target="_blank">guide</a>, but let me know if you have any questions after that. The common question is ‘what is private equity’ and sometimes you’ll have to run through a private equity-related case study (as below).</li> <li data-xf-list-type="ul">For this reason, you may want to consider how PE feeds into your answer of ‘Why Weil’ (if it does).</li> <li data-xf-list-type="ul">Be honest but play to your strengths. Prepare answers to typical competencies – when you’ve worked as a team/worked under pressure/your strengths and weaknesses and why Weil/why law – but see below.</li> <li data-xf-list-type="ul">They want to get to know you, so it’s not particularly formulaic. Brush over your application form as they often use this as a starting point. It'll typically be a partner and associate interviewing.</li> <li data-xf-list-type="ul">Have a clear structure to your answers but be careful of over-rehearsing, it might help to think of 2-3 reasons for the questions above.</li> <li data-xf-list-type="ul">Follow 2-3 significant stories that could affect Weil or law firms and be prepared to discuss i.e. Brexit. Have an understanding of two different sides of the debate and form an opinion.</li> <li data-xf-list-type="ul">It’s a very relaxed interview, so if it’s possible, try to enjoy it! Smile, maintain eye contact, envision it as a conversation rather than an interrogation and remember, it’s fine to say you don’t know if you don’t know.</li> <li data-xf-list-type="ul">Be prepared to discuss a current commercial awareness issue or a case study i.e. the PE acquisition of a company. This’ll typically be at the end of an interview and will form the basis of a question, with a few follow-ups.</li> </ul>I’m not sure if you have a written exercise on the first year scheme, but in case you do -<ul> <li data-xf-list-type="ul">You'll have to read a couple of pages and write recommendations to a client/law firm based on the case study.</li> <li data-xf-list-type="ul">The key is to think about structure, simplicity and relevance.</li> <li data-xf-list-type="ul">Make sure you address the exercise to the right person and use the right salutation.</li> </ul>Best of luck! Let me know how it goes and we can chat through your scheme J.</blockquote>

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