TCLA Vacation Scheme Applications Discussion Thread 2022-23

[hopefulfuturesolicitor97]

It won’t be judged as part of your performance unless it was incredibly sloppily, and then it’s your writing that’s being judged not the bio itself.

I would focus on a couple of interesting or unique aspects of your profile/experience.

Thank you, this has helped put me at ease a bit

 

[Hope4aVS]

Has anyone heard back from Blake Morgan for their vac scheme? I had a short phone call with the HR last week, still waiting for an interview.

I heard back with an interview a few days ago

 

[HopefulFutureTrainee123]

Does anyone have any advice for calming pre-VS nerves?

 

[Untilwinter]

In an acquisition, what are some ways of getting around a shareholder who doesn't want to sell their share or who is asking for a premium?

 

[FM302989]

In an acquisition, what are some ways of getting around a shareholder who doesn't want to sell their share or who is asking for a premium?

More context is needed for this one. Is it a minority shareholder, if so, then drag along rights? Perfectly entitled to not sell their shares if they're not getting fair value

 

[jomar]

In an acquisition, what are some ways of getting around a shareholder who doesn't want to sell their share or who is asking for a premium?

Look at "Squeeze Out" in the EU/UK Takeover Directive.

Article here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=420940

You should also look into the concept of "private benefits of control." It is largely an academic concept that argues a shareholder will not sell their block of shares because they not only control the company, but their controlling block affords them them private benefits (ie. concert access, private jet, Arsenal tickets) as a result of being in control of the company.

As such, their "private benefits" command a premium above and beyond the list price of the stock.

Good luck!!

 

[lawapplicant]

Anyone know how you can get cheap accommodation for a vacation scheme in London over the summer?
I thought you could stay in Uni accommodation that isn't being used. How do you get that?

 

[TCLA Community Assistant]

Anyone know how you can get cheap accommodation for a vacation scheme in London over the summer?
I thought you could stay in Uni accommodation that isn't being used. How do you get that?

You can if it is outside of term time - some early vacation schemes can still run in term time and so availability might be difficult.

Try each university’s summer accommodation page (just search the uni name and summer accommodation on Google) or alternatively there are some private halls of residence that might have availability too (although is likely to be more expensive).

If you look outside of the city (Croydon, Stratford, West London) you may also find accommodation that is a lot cheaper and will only be a 20-30 minute commute to the office too. Some of the outside the centre unis (like Queen Mary, University of West London, Kingston, South Bank University) May have cheaper options than LSE/KCL/UCL too.

 

[Emilia]

Has anyone heard back from Teacher Stern? They said it would be by the end of May and I know someone heard back nearly two weeks ago now…

 

[Boating]

Has anyone heard back for the government legal department? I know those who go through to the next round will be informed today

 

[Kexin]

Thank you all for the advice

 

[trainee2025]

Does anyone who’s done a VS before recall how far in advance they found out what department(s) they would be sitting in and/or their supervisor/trainee buddy? I’ve got a scheme in a few weeks and whilst I don’t need to know much before then it would be good to find out sooner rather than later!

 

[lawstudent1]

Does anyone who’s done a VS before recall how far in advance they found out what department(s) they would be sitting in and/or their supervisor/trainee buddy? I’ve got a scheme in a few weeks and whilst I don’t need to know much before then it would be good to find out sooner rather than later!

It is firm specific. However, most people find out their practice area seats 1-2 weeks before. Some firms wont tell you your supervisor/buddy until the first day.

 

[trainee2025]

It is firm specific. However, most people find out their practice area seats 1-2 weeks before. Some firms wont tell you your supervisor/buddy until the first day.

Thank you!

 

[TCLA Community Assistant]

Does anyone who’s done a VS before recall how far in advance they found out what department(s) they would be sitting in and/or their supervisor/trainee buddy? I’ve got a scheme in a few weeks and whilst I don’t need to know much before then it would be good to find out sooner rather than later!

Some people don't find out until the first day of their vacation scheme.

 

[deckoking123]

After quietly observing and learning from this community for a few years, I finally achieved my goal of landing a TC at my dream firm! I couldn't have done it without the endless support and encouragement from all of you. Seriously, you guys are awesome! If any of you need a helping hand or some guidance, please don't hesitate to reach out.

 

[TCLA Community Assistant]

After quietly observing and learning from this community for a few years, I finally achieved my goal of landing a TC at my dream firm! I couldn't have done it without the endless support and encouragement from all of you. Seriously, you guys are awesome! If any of you need a helping hand or some guidance, please don't hesitate to reach out.

Amazing news - congratulations!

 

[Jaysen]

After quietly observing and learning from this community for a few years, I finally achieved my goal of landing a TC at my dream firm! I couldn't have done it without the endless support and encouragement from all of you. Seriously, you guys are awesome! If any of you need a helping hand or some guidance, please don't hesitate to reach out.

Really happy to read this. Well done

 

[badmintonflyinginsect]

@Jessica Booker Hi! I have international qualifications (Indian CBSE Board) instead of A-Levels. Would that put me at a disadvantage while applying to first-year schemes as an incoming first-year law student at a UK Uni?

 

[Deleted member 11671]

@Jessica Booker Hi! I have international qualifications (Indian CBSE Board) instead of A-Levels. Would that put me at a disadvantage while applying to first-year schemes as an incoming first-year law student at a UK Uni?

Hello, I did ICSE board and law firms do not mind as long as you have achieved the equivalent grade. Do let me know if you need any help with applications