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<blockquote data-quote="j.s.cox" data-source="post: 123729" data-attributes="member: 20454"><p>Thank you for your confidence in me [USER=25422]@Mohamed Ashour[/USER]! I'm sure that seeking out ways to improve your commercial awareness undoubtedly makes you a stronger candidate too.</p><p></p><p>I've detailed my commercial awareness journey throughout this thread, but here is a summary for your ease:</p><p></p><p><u><em>Time taken to develop commercial awareness</em></u></p><p>My real efforts for developing my commercial awareness started in around late September (so about 1.5 months ago). I wouldn't say I am completely commercially aware at the moment, but there was a turning point about 1 month into my journey where I begun to really enjoy actively improving my commercial awareness beyond a simple goal. For me, this is an ongoing process that I'm not sure will ever end.</p><p></p><p><u><em>How I am developing my commercial awareness</em></u></p><p>In terms of legal jargon and understanding broader concepts (e.g. derivatives, quatitative easing, equity), I started with the TCLA Course "Develop Your Commercial Awareness: Understand the City, the Financial Markets & More". I see you have a Gold Membership, so you should be able to access this. It is an incredible resource and is a great base from which to further develop commercial awareness. I think it is important that you take this slowly (I didn't move onto the next lecture until I fully understood the previous one). I also think this should only be a starting point. If there is an explanation you don't fully understand, research it further using other resources (e.g. I didn't fully understand The Financial Crisis 2007-8, so I watched 'The Big Short' to consolidate my understanding). I have also started a glossary for any terminology that I don't understand.</p><p></p><p>In terms of news stories, I go about this in two different ways. Firstly, I have selected a sector that really interests me and I actively seek out information about this sector. I have signed up to sector-specific newsletters so I am always up to date. Secondly, I keep abreast of the current news. I do this by reading through email newsletters, listening to daily podcasts and scrolling through the FT instead of social media. I'll compile a list of sources I use below. I don't check all of them every day. Instead I pick 2-4 sources to use because I found using only one source, or the same sources, really made me bored. I try to understand the stories and their implication on the business world and law firms. To encourage me to do this, I write one article in my own words each week detailing this (please see articles attached throughout this thread). I keep an eye on any updates to the articles I read to keep my knowledge up to date.</p><p></p><p><u><em>My favourite news story commercial awareness sources</em></u></p><ul> <li data-xf-list-type="ul">Newsletters:<ul> <li data-xf-list-type="ul">TCLA Newsletter</li> <li data-xf-list-type="ul">MarketLoop </li> <li data-xf-list-type="ul">Finimize</li> <li data-xf-list-type="ul">FT Energy Source</li> <li data-xf-list-type="ul">LittleLaw</li> <li data-xf-list-type="ul">Touristy</li> <li data-xf-list-type="ul">LinkedIn Newsletters like The Economist</li> </ul></li> <li data-xf-list-type="ul">Podcasts:<ul> <li data-xf-list-type="ul">FT News Briefing</li> <li data-xf-list-type="ul">Watson's Daily</li> <li data-xf-list-type="ul">Wake Up to Money</li> <li data-xf-list-type="ul">Law firm specific podcasts (just search their names up on your favourite podcast provider)</li> </ul></li> <li data-xf-list-type="ul">News Outlets<ul> <li data-xf-list-type="ul">The Economist (good for simple breakdown)</li> <li data-xf-list-type="ul">The Financial Times (my favourite as I get to practice legal jargon as well)</li> <li data-xf-list-type="ul">BBC Business News</li> <li data-xf-list-type="ul">Reuters (usually use this to follow up on a specific story).</li> </ul></li> </ul></blockquote><p></p>
[QUOTE="j.s.cox, post: 123729, member: 20454"] Thank you for your confidence in me [USER=25422]@Mohamed Ashour[/USER]! I'm sure that seeking out ways to improve your commercial awareness undoubtedly makes you a stronger candidate too. I've detailed my commercial awareness journey throughout this thread, but here is a summary for your ease: [U][I]Time taken to develop commercial awareness[/I][/U] My real efforts for developing my commercial awareness started in around late September (so about 1.5 months ago). I wouldn't say I am completely commercially aware at the moment, but there was a turning point about 1 month into my journey where I begun to really enjoy actively improving my commercial awareness beyond a simple goal. For me, this is an ongoing process that I'm not sure will ever end. [U][I]How I am developing my commercial awareness[/I][/U] In terms of legal jargon and understanding broader concepts (e.g. derivatives, quatitative easing, equity), I started with the TCLA Course "Develop Your Commercial Awareness: Understand the City, the Financial Markets & More". I see you have a Gold Membership, so you should be able to access this. It is an incredible resource and is a great base from which to further develop commercial awareness. I think it is important that you take this slowly (I didn't move onto the next lecture until I fully understood the previous one). I also think this should only be a starting point. If there is an explanation you don't fully understand, research it further using other resources (e.g. I didn't fully understand The Financial Crisis 2007-8, so I watched 'The Big Short' to consolidate my understanding). I have also started a glossary for any terminology that I don't understand. In terms of news stories, I go about this in two different ways. Firstly, I have selected a sector that really interests me and I actively seek out information about this sector. I have signed up to sector-specific newsletters so I am always up to date. Secondly, I keep abreast of the current news. I do this by reading through email newsletters, listening to daily podcasts and scrolling through the FT instead of social media. I'll compile a list of sources I use below. I don't check all of them every day. Instead I pick 2-4 sources to use because I found using only one source, or the same sources, really made me bored. I try to understand the stories and their implication on the business world and law firms. To encourage me to do this, I write one article in my own words each week detailing this (please see articles attached throughout this thread). I keep an eye on any updates to the articles I read to keep my knowledge up to date. [U][I]My favourite news story commercial awareness sources[/I][/U] [LIST] [*]Newsletters: [LIST] [*]TCLA Newsletter [*]MarketLoop [*]Finimize [*]FT Energy Source [*]LittleLaw [*]Touristy [*]LinkedIn Newsletters like The Economist [/LIST] [*]Podcasts: [LIST] [*]FT News Briefing [*]Watson's Daily [*]Wake Up to Money [*]Law firm specific podcasts (just search their names up on your favourite podcast provider) [/LIST] [*]News Outlets [LIST] [*]The Economist (good for simple breakdown) [*]The Financial Times (my favourite as I get to practice legal jargon as well) [*]BBC Business News [*]Reuters (usually use this to follow up on a specific story). [/LIST] [/LIST] [/QUOTE]
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