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Interview Experiences 2019 - 2020 Cycle
Macfarlanes Interview 2019 - 2020
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<blockquote data-quote="Jaysen" data-source="post: 26424" data-attributes="member: 1"><p>*<em>Kindly note, we have redacted a fair amount from this interview experience so as to not spoil the exercise.</em></p><p><strong></strong></p><p><strong>Please state the month/year you interviewed at the firm.</strong></p><p></p><p>January 2020</p><p></p><p><strong>Please specify what the interview was for.</strong></p><p></p><p>Vacation Scheme 2020</p><p></p><p><strong>Please give an overview of the day with approximate timings.</strong></p><p></p><p>9:30 - 3pm</p><p></p><p><strong>Please provide a summary of each assessment on the day with approximate timings.</strong></p><p></p><p>ice breaker (15 minutes) , group exercise (20 mins reading through information), negotiations exercise (20 minutes) , written exercise (30 minutes), interview (45 minutes).</p><p></p><p>When you arrive at Macfarlanes they will sit you down and do an ice breaker exercise with the person next to you - you have to think of a famous person you'd like to spend a day with - people said stuff like David Attenborough or Queen Elizabeth!</p><p></p><p>Then you get split into 3 groups, Group A, B and C. You are taken to a room with an Associate. I was in Group C and I was with 4 others. We had to read a 1 page document where the basic facts were that one company wanted to acquire another (Target) and you were working on the due diligence part of the transaction. Within our group we were given 4 pieces of information and we needed to decide which pieces were the most important and which needed to be included in the executive summary. Roughly the points were something on the lines of:</p><p></p><p>1. The Target company can't find [redacted] and the [redacted] has resigned;</p><p>2. The Target has a loan of 8 million with a bank which becomes [redacted];</p><p>3. The Target company has T&C which are not inline with [redacted];</p><p>4.The Target company has a "Target Villa" which was bought at a discount but [redacted].</p><p></p><p>Then you are split into 2's (but as we were 5 we did a 2:3 split) and we had to negotiate. We were acting on behalf of the sellers. You are given another page of instructions to read where you are told 4 main points. From what I can remember they were: 1. The Seller did not want to guarantee that he will pay for [redacted]. He wanted to include terms [redacted] which said that he will only pay if [redacted].</p><p>2. The Seller wanted to continue [redacted].</p><p>3. Someone from the Target company was supposed to remain employed by [redacted].</p><p>4. There was some machinery which cost £1 million and [redacted].</p><p></p><p>We then had our interviews which were based on reading a set of facts and a loan agreement. In essence there was a company which was trying to expand by offering sporting equipment and it had a loan with a bank. The company that you were representing wanted to know if it can:</p><p>[redacted]</p><p></p><p>You have to read the loan agreement it has different clauses. There is a clause dealing [redacted].</p><p></p><p>The interview itself was very conversational! Why law, Why them! And time I had to deal with a challenge, time I dealt with a situation which was time pressured, and also a time when I have felt most stressed. </p><p></p><p><strong>Please list any interview questions you were asked.</strong></p><p></p><p>See above.</p><p></p><p><strong>What is your best advice for each aspect of the assessment on the day? Please break this down for each assessment. This can include advice for preparation, as well as tips for the day.</strong></p><p></p><p>Make sure you prepare and follow STAR for your interview. The feedback I got back as to why I wasn't successful was that I didn't follow STAR in the interview too well.</p><p></p><p><strong>Were you successful?</strong></p><p></p><p>No</p></blockquote><p></p>
[QUOTE="Jaysen, post: 26424, member: 1"] *[I]Kindly note, we have redacted a fair amount from this interview experience so as to not spoil the exercise.[/I] [B] Please state the month/year you interviewed at the firm.[/B] January 2020 [B]Please specify what the interview was for.[/B] Vacation Scheme 2020 [B]Please give an overview of the day with approximate timings.[/B] 9:30 - 3pm [B]Please provide a summary of each assessment on the day with approximate timings.[/B] ice breaker (15 minutes) , group exercise (20 mins reading through information), negotiations exercise (20 minutes) , written exercise (30 minutes), interview (45 minutes). When you arrive at Macfarlanes they will sit you down and do an ice breaker exercise with the person next to you - you have to think of a famous person you'd like to spend a day with - people said stuff like David Attenborough or Queen Elizabeth! Then you get split into 3 groups, Group A, B and C. You are taken to a room with an Associate. I was in Group C and I was with 4 others. We had to read a 1 page document where the basic facts were that one company wanted to acquire another (Target) and you were working on the due diligence part of the transaction. Within our group we were given 4 pieces of information and we needed to decide which pieces were the most important and which needed to be included in the executive summary. Roughly the points were something on the lines of: 1. The Target company can't find [redacted] and the [redacted] has resigned; 2. The Target has a loan of 8 million with a bank which becomes [redacted]; 3. The Target company has T&C which are not inline with [redacted]; 4.The Target company has a "Target Villa" which was bought at a discount but [redacted]. Then you are split into 2's (but as we were 5 we did a 2:3 split) and we had to negotiate. We were acting on behalf of the sellers. You are given another page of instructions to read where you are told 4 main points. From what I can remember they were: 1. The Seller did not want to guarantee that he will pay for [redacted]. He wanted to include terms [redacted] which said that he will only pay if [redacted]. 2. The Seller wanted to continue [redacted]. 3. Someone from the Target company was supposed to remain employed by [redacted]. 4. There was some machinery which cost £1 million and [redacted]. We then had our interviews which were based on reading a set of facts and a loan agreement. In essence there was a company which was trying to expand by offering sporting equipment and it had a loan with a bank. The company that you were representing wanted to know if it can: [redacted] You have to read the loan agreement it has different clauses. There is a clause dealing [redacted]. The interview itself was very conversational! Why law, Why them! And time I had to deal with a challenge, time I dealt with a situation which was time pressured, and also a time when I have felt most stressed. [B]Please list any interview questions you were asked.[/B] See above. [B]What is your best advice for each aspect of the assessment on the day? Please break this down for each assessment. This can include advice for preparation, as well as tips for the day.[/B] Make sure you prepare and follow STAR for your interview. The feedback I got back as to why I wasn't successful was that I didn't follow STAR in the interview too well. [B]Were you successful?[/B] No [/QUOTE]
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