TCLA Direct Training Contract Applications Discussion Thread 2022-23

[TCLA Community Assistant]

Not everyone who got an offer has TCLA, or posts about it, so it could be much more than 3. Also, at my AC, grad recruit said they’ve already given out TC offers to the spring vac schemers. I don’t want to be negative for no reason, but being realistic, I do think there’s a very high chance that they did gave out the offers in one batch yesterday. I really do hope I’m wrong though

initial offers maybe, there could be more to come, especially if people turn offers down.

 

[Future$trainee]

Has anyone heard back from the Aspiring Solicitors Harbottle & Lewis training contract application?

Have you heard back yet?

 

[turtlebrownrice]

anyone know how many ACs greenberg traurig runs?

 

[aspiringfuturetrainee2025]

Is anyone facing problems with A&P's application portal?

 

[rightletsdothis]

Realistically, how long should you wait before emailing the BM grad recruit and asking for a follow-up after the AC? They told most people on the direct TC AC that we would hear back last Monday.

 

[spamelinazoid]

Realistically, how long should you wait before emailing the BM grad recruit and asking for a follow-up after the AC? They told most people on the direct TC AC that we would hear back last Monday.

The told my group Friday the 9th, so not even Monday haha

I’m curious too since I normally dont bother Grad Rec but a few people got TC offers already…

 

[CallumJR]

Messed up a TC interview today bc I didnt prep enough for various commercial questions.

My advice:
- Always prep at least 2 commercial news stories to talk about
- prep one "non"-commercial news story you are genuinly interested in
- prep issues / challenges affecting the firm / law firms
- prep issues / challenges affecting the firm's clients

 

[Phoebe123451]

anyone know how many ACs greenberg traurig runs?

Messed up a TC interview today bc I didnt prep enough for various commercial questions.

My advice:
- Always prep at least 2 commercial news stories to talk about
- prep one "non"-commercial news story you are genuinly interested in
- prep issues / challenges affecting the firm / law firms
- prep issues / challenges affecting the firm's clients

hey! thank you for this - it's really kind of you to share. I was wondering which firm this was with today?

 

[Jake Rickman]

Messed up a TC interview today bc I didnt prep enough for various commercial questions.

My advice:
- Always prep at least 2 commercial news stories to talk about
- prep one "non"-commercial news story you are genuinly interested in
- prep issues / challenges affecting the firm / law firms
- prep issues / challenges affecting the firm's clients

I think this is good advice.

If I may add, in terms of prep, it may be helpful to approach workshopping a commercial new story less as something you front load right before an interview, and instead something that you are continually revising. While this requires applicants to engage with commercial developments more regularly, when you start to speak about a particular story, you will have more to talk about.

For instance, interest rate movements have made for a perennial source of content to bring to an interview. Many commentators were of the opinion things had stabilised and that we might be reaching an end to rate rises until last month's inflation data revealed that inflation was still quite persistent, sparking another rate rise and making things more uncertain. You can then tailor your discussion of the relevance/impact to your the law firm you're interviewing with.

 

[futureTS2025hopeful]

hi everyone

I've been told to prepare for the lifecycle of a private equity deal before my vacation scheme starts. Does anyone have any resources for this (e.g., in preparing for an intervie) or could point me to a direction?

Thanks

 

[Untilwinter]

Bakers summer vac scheme starts next week. Feel like we should be getting that PFO about now..?

 

[spamelinazoid]

Bakers summer vac scheme starts next week. Feel like we should be getting that PFO about now..?

makes me wonder if they've waitlisted some people for until after the vac scheme...

not sure when is appropriate to follow up. it's been 2 weeks exactly since my AC

 

[Untilwinter]

makes me wonder if they've waitlisted some people for until after the vac scheme...

not sure when is appropriate to follow up. it's been 2 weeks exactly since my AC

If its 2 weeks i think its a good time to follow up.

I def think they have waitlisted quite a few ppl since not everyone on the vac scheme are gonna get the offer & accept them. They are taking in 40 trainees and have 30 ppl over the two vac schemes. I am guessing some ppl who got the spring offer have not accepted theirs yet.

 

[aspiringlawyerr]

hi everyone

I've been told to prepare for the lifecycle of a private equity deal before my vacation scheme starts. Does anyone have any resources for this (e.g., in preparing for an intervie) or could point me to a direction?

Thanks

TCLA has some really useful resources on this / similar topics.

I’m not sure if you have access as a premium member? But might be worth upgrading your subscription for a month to go through them before your vac scheme.

 

[spamelinazoid]

If its 2 weeks i think its a good time to follow up.

I def think they have waitlisted quite a few ppl since not everyone on the vac scheme are gonna get the offer & accept them. They are taking in 40 trainees and have 30 ppl over the two vac schemes. I am guessing some ppl who got the spring offer have not accepted theirs yet.

I dont think *overwhelminly most* people on the vac scheme got offers either, which is why I think there's bound to be more people from direct TCs, especially since they increased the number of trainees this year. I spoke to a 1st seater from bakers a while back who said her cohort for direct TCs recruited over 5 people, was closer to 10.

To me makes sense they'll do a 10-10-10 with wiggle room or 15-15-10 for the 2 vac schemes and direct tc...otherwise it seeems bizarre to invite ~50 people across 5 ACs just to hand out a few TCs

 

[Aga123+]

hi everyone

I've been told to prepare for the lifecycle of a private equity deal before my vacation scheme starts. Does anyone have any resources for this (e.g., in preparing for an intervie) or could point me to a direction?

Thanks

Yep, TCLA has some good resources on pe. There are also a number of articles which are helpful:

What is Private Equity? A Guide for Future Lawyers | The Corporate Law Academy

Private equity explained for future lawyers!

www.thecorporatelawacademy.com

What is Private Equity? A Complete Guide for Law Students

Private equity is the investment of capital in (usually) private companies i.e. those which aren’t listed on the stock exchange. Here you can find a complete lawyers guide for private equity.

www.thecorporatelawacademy.com

Also, this (free) course discusses the lifecycle of a deal: https://www.coursera.org/learn/private-equity

 

[jrb_law48]

makes me wonder if they've waitlisted some people for until after the vac scheme...

not sure when is appropriate to follow up. it's been 2 weeks exactly since my AC

yeah honestly, it’s been almost 3 weeks since mine and they told me we’d hear by the 9th lmao

 

[academicweapon121]

Does anyone know if firms tend to reimburse expenses for an AC?

 

[FM302989]

Does anyone know if firms tend to reimburse expenses for an AC?

Unfortunately that's not very common at all

 

[VIVI]

anyone know how many ACs greenberg traurig runs?

4-5