TCLA Vacation Scheme Applications Discussion Thread 2022-23

[BM99]

Hi was wondering if anyone took part in KPMG’s virtual launch pad event before?

 

[BonanzaBih_]

Does anyone know how many people Skadden take on per scheme?
@Jessica Booker could you provide some insight?

 

[lilli]

No I haven’t. When is yours?

On Thursday for the London office! What about you?

 

[lucychanning]

Hi, just wondering if anyone has any thoughts.

I have been offered the choice between a week long easter scheme vs a two week summer scheme at a London firm. For context, the summer scheme overlaps with my graduation which I don't yet have a specific date for, i just know that it will be within that week.

Does anyone have any ideas about whether doing a week vs two would hinder my chance of conventing the scheme into a TC?

thanks

 

[Jessica Booker]

Does anyone know how many people Skadden take on per scheme?
@Jessica Booker could you provide some insight?

I don’t know per scheme but they advertise 40 placements per year

 

[Jessica Booker]

Hi, just wondering if anyone has any thoughts.

I have been offered the choice between a week long easter scheme vs a two week summer scheme at a London firm. For context, the summer scheme overlaps with my graduation which I don't yet have a specific date for, i just know that it will be within that week.

Does anyone have any ideas about whether doing a week vs two would hinder my chance of conventing the scheme into a TC?

thanks

I’d go with the dates that work best for you. There are too many variables to say 1 week vs 2 weeks is more likely to result in a TC/better approach to take in the hope of securing one.

 

[Jessica Booker]

Hi, I’m just wondering if insight days are usually given to everyone who applies?

No - too many applicants for that.

 

[lucychanning]

I’d go with the dates that work best for you. There are too many variables to say 1 week vs 2 weeks is more likely to result in a TC/better approach to take in the hope of securing one.

Thank you Jessica!!

I am definitely leaning towards the easter sheme.

 

[sdsou]

Hi everyone, apologies for the rookie question but I'm trying to learn more about private equity, please bear with me!

I'm looking at the Legal 500 list of Private Equity high value deals [https://www.legal500.com/c/london/c...te-equity-transactions-high-value-deals-250m/] and I see that Blackstone, for example, is counted as a client for nearly every firm on the list.

Could someone please explain how that works - does this mean that they have retained a roster of firms, or maybe they give certain parts of a deal to a certain firm? Although I don't quite understand why they'd do that (wouldn't it make more sense to just go to one firm for a full-service offering for their deal?) ALso, if Blackstone is a client for every firm, how best would one talk about a particular firm's key clients?

I would really appreciate any insights, thank you!

 

[Riya20000000]

random question but do you ever hear back from law firms on weekends or is it just weekdays?

 

[sdsou]

random question but do you ever hear back from law firms on weekends or is it just weekdays?

i once received a pfo on a sunday lol

 

[Aga123+]

Hi everyone, apologies for the rookie question but I'm trying to learn more about private equity, please bear with me!

I'm looking at the Legal 500 list of Private Equity high value deals [https://www.legal500.com/c/london/c...te-equity-transactions-high-value-deals-250m/] and I see that Blackstone, for example, is counted as a client for nearly every firm on the list.

Could someone please explain how that works - does this mean that they have retained a roster of firms, or maybe they give certain parts of a deal to a certain firm? Although I don't quite understand why they'd do that (wouldn't it make more sense to just go to one firm for a full-service offering for their deal?) ALso, if Blackstone is a client for every firm, how best would one talk about a particular firm's key clients?

I would really appreciate any insights, thank you!

This article might help shed some light: https://www.law.com/international-e...hich-law-firms-they-use-in-the-uk-and-europe/


Also, for learning about private equity (this course really helped me - https://www.coursera.org/learn/private-equity)

 

[11dunnr]

It starts on 28th doesn't it? I'd say there's still some time left tbh. I'm pretty sure that the accepted people will get contacted next week and they'll leave the pfos until later

It starts on 28th doesn't it? I'd say there's still some time left tbh. I'm pretty sure that the accepted people will get contacted next week and they'll leave the pfos until later

I was thinking more if they’re running ACs, unless they’ve already ran them then I’d assume a PFO. Either way though you’re right there is still time just hard not to obsess

 

[Bubbles]

I was thinking more if they’re running ACs, unless they’ve already ran them then I’d assume a PFO. Either way though you’re right there is still time just hard not to obsess

There are no ACs for CRS VS! The video interview was the final stage
They only have ACs if you've applied for direct TC

 

[lawyering]

There are no ACs for CRS VS! The video interview was the final stage
They only have ACs if you've applied for direct TC

Do you have confirmation of this from grad rec? I thought there was a written exercise before the VS

 

[Law Student]

On Thursday for the London office! What about you?

Tuesday in Birmingham office, good luck!!

 

[jennifer]

There are no ACs for CRS VS! The video interview was the final stage
They only have ACs if you've applied for direct TC

is the VI youre referring to the pre-recorded one or is there another VI with HR/lawyers from the firm? - Thanks

 

[Bubbles]

Do you have confirmation of this from grad rec? I thought there was a written exercise before the VS

They said this at the open day! I'm pretty sure that's all they said haha unless I missed something

 

[Bubbles]

is the VI youre referring to the pre-recorded one or is there another VI with HR/lawyers from the firm? - Thanks

Yeah it's the pre-recorded one

 

[Lily721]

Hi @Jessica Booker. The work experience section on one of my applications is asking me to tick if the experiences I list are "SQE Qualifying Work Experience"....this is for a direct TC application but I am confused why that would matter and if it will be taken into consideration by the firm in any way? Also, how do I know if a work experience fits the SQE criteria?

Hi @Jessica Booker - grateful for your thoughts on this. Thank you!