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TCLA Direct Training Contract Applications Discussion Thread 2024-5
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<blockquote data-quote="Ram Sabaratnam" data-source="post: 214396" data-attributes="member: 36738"><p>Hiya [USER=41215]@Poppypops124[/USER] </p><p></p><p>First of all, congratulations on both offers! That's no small feat!</p><p></p><p>I don’t think there’s a universally right answer here. As you've indicated yourself, both options have clear advantages. I think that if you’re considering this as a question of which firm is better, you’ll probably run into dead ends. It’s probably more useful to treat this as a question about what kind of training, lifestyle, and long-term options you want for yourself. </p><p></p><p>You’re absolutely right that training in London tends to carry weight. The complexity of the work, exposure to cross-border transactions, and the level of early responsibility found at US firms in London can be difficult to replicate elsewhere. This can potentially open up more options down the line, especially if you want to move into other international offices or later transition in-house (I've had friends train in London and then move to Hong Kong, New York, Singapore, and elsewhere). The reputation of firms in the London market is also hard to replicate from outside. That said, this definitely can come at a cost from a work-life balance standpoint, though it's difficult to make any assessment without further information about where the HSF office is located and what associates there think.</p><p></p><p>There's also the question of mobility. Having spoken to foreign-qualified friends of mine, my sense is that it’s generally easier to go from London to other jurisdictions than the other way around. Moving in the opposite direction is not impossible, but it may be more dependant on which practice areas you end up specialising in and whether London makes sense professionally later on in your career. </p><p></p><p>In terms of training, I've heard fantastic things about HSFK's offices abroad, including the possibility of getting exposure to a broad diet of work in certain offices outside London and that the training can be less siloed than the London offices of certain US firms. I'd recommend reaching out to someone you trust at both firms and have a frank discussion about what you're looking for in both the short and long-term (preferably someone who has trained and then qualified in both offices). I think they'll be in a much better position to help you make sense of the decision. But ultimately, this is going to boil down to how you want to prioritise intensity, exit options, training, and work-life balance culture. Not sure how much this helps, but good luck with the decision and congratulations again!</p></blockquote><p></p>
[QUOTE="Ram Sabaratnam, post: 214396, member: 36738"] Hiya [USER=41215]@Poppypops124[/USER] First of all, congratulations on both offers! That's no small feat! I don’t think there’s a universally right answer here. As you've indicated yourself, both options have clear advantages. I think that if you’re considering this as a question of which firm is better, you’ll probably run into dead ends. It’s probably more useful to treat this as a question about what kind of training, lifestyle, and long-term options you want for yourself. You’re absolutely right that training in London tends to carry weight. The complexity of the work, exposure to cross-border transactions, and the level of early responsibility found at US firms in London can be difficult to replicate elsewhere. This can potentially open up more options down the line, especially if you want to move into other international offices or later transition in-house (I've had friends train in London and then move to Hong Kong, New York, Singapore, and elsewhere). The reputation of firms in the London market is also hard to replicate from outside. That said, this definitely can come at a cost from a work-life balance standpoint, though it's difficult to make any assessment without further information about where the HSF office is located and what associates there think. There's also the question of mobility. Having spoken to foreign-qualified friends of mine, my sense is that it’s generally easier to go from London to other jurisdictions than the other way around. Moving in the opposite direction is not impossible, but it may be more dependant on which practice areas you end up specialising in and whether London makes sense professionally later on in your career. In terms of training, I've heard fantastic things about HSFK's offices abroad, including the possibility of getting exposure to a broad diet of work in certain offices outside London and that the training can be less siloed than the London offices of certain US firms. I'd recommend reaching out to someone you trust at both firms and have a frank discussion about what you're looking for in both the short and long-term (preferably someone who has trained and then qualified in both offices). I think they'll be in a much better position to help you make sense of the decision. But ultimately, this is going to boil down to how you want to prioritise intensity, exit options, training, and work-life balance culture. Not sure how much this helps, but good luck with the decision and congratulations again! [/QUOTE]
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