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Message: <blockquote data-quote="Amma Usman" data-source="post: 197368" data-attributes="member: 36740">Hi there. You can touch on anything really, from ESG, energy, AI, and the likes. There is no right answer, only your ability to connect it to the commercial and legal worlds, as this is what will help demonstrate your commercial awareness. There is also a tendency for applicants to talk a lot about topics like AI, but I presume it would not be much of an issue if you mention a common topic, provided you expand on it adequately. Another thing is that you do not have to equally split the word count, but I recommend doing so (or somewhat closely) to ensure you touch on each topic in depth.I’ve linked an example of how I would personally approach this question in the context of ESG: One significant challenge law firms will face over the next five years is managing the escalating demand for environmental, social, and governance (ESG)-related legal services amidst rapidly evolving regulations and stakeholder expectations. Governments worldwide are introducing stricter environmental legislation, such as carbon reduction targets and mandatory sustainability reporting, while investors and clients demand greater transparency and accountability in corporate operations.  For law firms, the challenge lies in providing clients with proactive and commercially viable solutions to meet these obligations while avoiding reputational and legal risks. This requires deep expertise in emerging ESG frameworks, sector-specific regulations, and litigation risks, as well as the ability to handle the increasing complexity of cross-border ESG issues.  Moreover, firms must address their own ESG commitments to attract talent and clients who prioritize sustainability and ethical practices. Balancing the cost of internal transformation with maintaining profitability will test firms' strategic adaptability.  Law firms that effectively integrate ESG advisory into their practice and demonstrate leadership in this space will secure a competitive advantage, but those that fail to keep pace risk losing relevance in an increasingly sustainability-conscious market.</blockquote>

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

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