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TCLA Vacation Scheme Applications Discussion Thread 2023-24

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Mike Wazaoski

Valued Member
Nov 12, 2018
120
213
Hey everyone! With all this talk of interest rates and the technical recession the UK fell into at the end of 2023, would somebody be able to explain the impact of this on law firms? Or guide me to the right direction regarding the same? :)
Potentially link it to the impacts on clients of law firms by industry/ sector:

- Consumer and manufacturing: Low spending by customers can mean lower revenue for businesses. This can impact spending by the business on either R&D, growing their supply chain, bold business decisions will be limited with less trust and security in the economy.
- Counter-cyclical practice areas: Businesses downscale and remove employees could mean demand for employment lawyers increases. Where they are restructuring their operations this can require increased demand in restructuring and insolvency practices.
 

johnnn821

Valued Member
Gold Member
Premium Member
Jan 16, 2021
117
196
Guys does anyone have any experience with FlexLegal? I am thinking about applying and I would be grateful if anyone wants to send me a PM so I could hear more about their experiences with the platform (what type of work do you usually undertake, what type of clients are you usually seconded to, etc)
 
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The Corporate Law Academy (TCLA) was founded in 2018 because we wanted to improve the legal journey. We wanted more transparency and better training. We wanted to form a community of aspiring lawyers who care about becoming the best version of themselves.

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