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Aspiring Lawyers - Applications & General Advice
Applications Discussion
TCLA Direct Training Contract Applications Discussion Thread 2024-5
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<blockquote data-quote="Andrei Radu" data-source="post: 209993" data-attributes="member: 36777"><p>The tasks that I have completed in my vacations schemes I think were quite illustrative for what one may expect to find in the respective practice areas:</p><ol> <li data-xf-list-type="ol">In <strong>corporate M&A/PE</strong>: reviewed contracts for chance of control clauses, reviewed and prepared a memo on a due diligence report prepared by the seller's counsel, drafted clauses for ancillary documents, took notes on meetings, researched legal uses of particular legal instruments in transactions (such as purpose of using a deeds in an M&A deal). </li> <li data-xf-list-type="ol">In <strong>litigation</strong>: many research-centered tasks, whether on substantive legal points pertaining to a dispute, procedural rules for submission of documents to a court, or past damages figures awarded for similar litigations.</li> <li data-xf-list-type="ol">In <strong>financial regulatory</strong> (although I suspect it applies more broadly to advisory practices): again research-heavy tasks, which were however more focused around regulatory frameworks and prior decisions of regulatory bodies such as the FCA and PRA. </li> </ol><p>As for the skills you can work on prior to the VS to maximize your chances of completing your tasks to a high standard, I would list the following: </p><ol> <li data-xf-list-type="ol"><strong>Research skills</strong>: as you have seen legal and commercial research is a core part of work in a law firm, particularly for juniors. As such, it could be very helpful to familiarize yourself with Westlaw and LexisNexis, particularly in relation to use of short cuts and filters. </li> <li data-xf-list-type="ol"><strong>Drafting skills</strong>: as important as research skills is the ability to communicate legal points in a precise manner. In transactional practices this is essential, as the details of your writing will one day determine the rights and obligations of the parties, but it should not be overlooked for advisory and contentious practices either. In most cases, you will need to communicate your findings via an email or a memo and you will need to simplify your research into a shorter format whilst retaining all the relevant nuance. Moreover, more generally, a big part of the assessment of your work product will come down to how well structured and clear your writing is. </li> <li data-xf-list-type="ol"><strong>Planning skills</strong>: a significant part of ensuring you complete many tasks to a high standard will come down to proper planning, ensuring you (i) have enough on your plate to keep you busy but not so much that you get overwhelmed; and (ii) have received proper instructions. Both of these I think come down to asking the right set of questions when you are receiving a task and noting down answers and further instructions. </li> </ol></blockquote><p></p>
[QUOTE="Andrei Radu, post: 209993, member: 36777"] The tasks that I have completed in my vacations schemes I think were quite illustrative for what one may expect to find in the respective practice areas: [LIST=1] [*]In [B]corporate M&A/PE[/B]: reviewed contracts for chance of control clauses, reviewed and prepared a memo on a due diligence report prepared by the seller's counsel, drafted clauses for ancillary documents, took notes on meetings, researched legal uses of particular legal instruments in transactions (such as purpose of using a deeds in an M&A deal). [*]In [B]litigation[/B]: many research-centered tasks, whether on substantive legal points pertaining to a dispute, procedural rules for submission of documents to a court, or past damages figures awarded for similar litigations. [*]In [B]financial regulatory[/B] (although I suspect it applies more broadly to advisory practices): again research-heavy tasks, which were however more focused around regulatory frameworks and prior decisions of regulatory bodies such as the FCA and PRA. [/LIST] As for the skills you can work on prior to the VS to maximize your chances of completing your tasks to a high standard, I would list the following: [LIST=1] [*][B]Research skills[/B]: as you have seen legal and commercial research is a core part of work in a law firm, particularly for juniors. As such, it could be very helpful to familiarize yourself with Westlaw and LexisNexis, particularly in relation to use of short cuts and filters. [*][B]Drafting skills[/B]: as important as research skills is the ability to communicate legal points in a precise manner. In transactional practices this is essential, as the details of your writing will one day determine the rights and obligations of the parties, but it should not be overlooked for advisory and contentious practices either. In most cases, you will need to communicate your findings via an email or a memo and you will need to simplify your research into a shorter format whilst retaining all the relevant nuance. Moreover, more generally, a big part of the assessment of your work product will come down to how well structured and clear your writing is. [*][B]Planning skills[/B]: a significant part of ensuring you complete many tasks to a high standard will come down to proper planning, ensuring you (i) have enough on your plate to keep you busy but not so much that you get overwhelmed; and (ii) have received proper instructions. Both of these I think come down to asking the right set of questions when you are receiving a task and noting down answers and further instructions. [/LIST] [/QUOTE]
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