🚨 Reed Smith has just announced its Direct Training Contract route!
The deadline is 20th June.

👉 Read Becca's announcement post here
📝 Apply directly here

Reply to thread

Message: <blockquote data-quote="Ram Sabaratnam" data-source="post: 203872" data-attributes="member: 36738">Hiya [USER=39437]@Legallywhatever[/USER] I’d suggest looking at Michelmores' profiles on Chambers UK and Legal 500 to get a better sense of their major clients and sector specialisms. Given the firm's expertise in real estate and private client matters, you could potentially focus your discussion on recent news/trends in these areas. In the real estate sector, you might want to cover recent changes in the housing market, which is facing notable disparities, with house prices continuing to rise while flats lag behind. This is being driven by factors such as higher insurance premiums post-Grenfell, complicated service charges, and the shift in buyer preferences since the pandemic. Additionally, there's been discussion of the increasing strains in the rental market, with some analysts suggesting rents could rise by nearly 20% over the next five years due to a lack of new landlords entering the market. The supply-demand imbalance poses significant challenges for both tenants and property investors. You can read<a href="https://www.thetimes.com/life-style/property-home/article/flats-fall-behind-as-house-prices-soar-2ghb5tx7j#:~:text=The%20pandemic%20has%20widened%20the,even%20further%20out%20of%20favour." target="_blank"> this</a> piece in the Times that informatively covers these trends, and you might want to mention some of these depending on the word count you have available. For private clients, taxation changes are a major concern. The latest budget introduced an inheritance tax adjustment that will impact small family businesses and farms, the sort of clients which Michelmores might be more familiar with, especially in its more regional offices. From April 2026, a 20% inheritance tax rate will apply to farms and businesses valued over £1 million, which could create financial difficulties for many family-run enterprises. You might want to think about how these are affecting high-net-worth individuals, with an increasing number exploring relocation due to political and social concerns, affecting both property investment and wealth management strategies. I'd only caution that this has been something that many applicants have been covering when applying to firms with strong private client practices.Hope this helps and good luck with your application!</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

Top Bottom

Search

Search

Reply to thread