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<blockquote data-quote="Jaysen" data-source="post: 23888" data-attributes="member: 1"><p>If you're talking about past transatlantic mergers, that does feel a little outdated - unless you're tying in why it's relevant to a City law firm now or discussing something more broader i.e. law firms breaking into the US market.</p><p></p><p></p><p>Good points there - as you said, there are so many to choose from. Note, they don't necessarily have to be issues directly affecting the business of commercial law firms; if there is a commercial story you're interested in, you can also think about how this might be relevant to a City law firm. You can see how this is done in the weekly commercial updates: <a href="https://www.thecorporatelawacademy.com/forum/threads/commercial-awareness-update-february-2020.2126/#post-23883" target="_blank">https://www.thecorporatelawacademy.com/forum/threads/commercial-awareness-update-february-2020.2126/#post-23883</a>.</p><p></p><p>Certain stories are easier to connect to law firms than others. If it's a large, ongoing story, you might think about how it could increase the demand for certain types of advice from clients; for example, how uncertain events like Brexit and the US-China trade war increase the demand for particular advisory services. Alternatively, if the issue leads to uncertainty and clients holding off investment, you might note that in times of economic distress, transactional departments (e..g M&A and private equity) might see less work, while departments like litigation and restructuring might see an uptick.</p><p></p><p>I wouldn't stop there though as talking about how an issue increases or decreases the demand for legal services is quite surface level. You might consider how an issue impacts the advice law firms give to their clients, the way they run their business etc. The same applies if your story is 'smaller', you just may want to zoom in on particular areas like geographies or departments.</p></blockquote><p></p>
[QUOTE="Jaysen, post: 23888, member: 1"] If you're talking about past transatlantic mergers, that does feel a little outdated - unless you're tying in why it's relevant to a City law firm now or discussing something more broader i.e. law firms breaking into the US market. Good points there - as you said, there are so many to choose from. Note, they don't necessarily have to be issues directly affecting the business of commercial law firms; if there is a commercial story you're interested in, you can also think about how this might be relevant to a City law firm. You can see how this is done in the weekly commercial updates: [URL]https://www.thecorporatelawacademy.com/forum/threads/commercial-awareness-update-february-2020.2126/#post-23883[/URL]. Certain stories are easier to connect to law firms than others. If it's a large, ongoing story, you might think about how it could increase the demand for certain types of advice from clients; for example, how uncertain events like Brexit and the US-China trade war increase the demand for particular advisory services. Alternatively, if the issue leads to uncertainty and clients holding off investment, you might note that in times of economic distress, transactional departments (e..g M&A and private equity) might see less work, while departments like litigation and restructuring might see an uptick. I wouldn't stop there though as talking about how an issue increases or decreases the demand for legal services is quite surface level. You might consider how an issue impacts the advice law firms give to their clients, the way they run their business etc. The same applies if your story is 'smaller', you just may want to zoom in on particular areas like geographies or departments. [/QUOTE]
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