TCLA Vacation Scheme Applications Discussion Thread 2024-25

[Amma Usman]

Is it worth mentioning a firms 96% retention rate as way to suggest they invest in their trainees and foster an environment where trainees want to stay on board? I’m not sure if that is too generic.

Hey @cjwx ,

This is a really good question.

While a high retention rate (like 96%) can be indicative of a supportive work environment and a firm’s investment in its trainees, I’ve been advised to prioritise other aspects of training when discussing why a firm appeals to you.

For instance, focusing on elements like the size of the trainee intake can be more impactful. For example, say you’re applying to a firm with a small intake of trainees. You can talk about how a smaller intake often means greater responsibility early on, which could allow you to develop quickly. If you can link this to a personal example of thriving in a similar environment, it shows genuine interest and aligns your strengths with what the firm offers.

Mentioning retention rates carries the risk of sounding like your interest in the firm is primarily based on the likelihood of qualification. Additionally, retention can depend on factors beyond the environment, such as individual performance and business needs. If you focus solely on the work environment, your answer might come across as a bit generic and miss the nuances of what contributes to that retention rate.

I hope this helps!

 

[jta227]

Just started my CRS research and now I really like the firm lol... lets hope I can write a good enough application in a night

In this boat too. Remember the deadline is midday tomorrow and not 23:59 (you probably knew this but I didn't until just now so just posting in case anyone else didn't know)

Also if anyone has been on their Open Day and can share some application tidbits that'd be helpful! I had to miss their Open Day last month.

 

[Amma Usman]

When firms ask about a recent deal that interests you, what time frame does 'recent' refer to? Within the last 12 months or so?

Hey @MissAnnaliseKeating ,

Many people have different views on this. I have once used a deal that was 3 years old, but revolutionary in the industry and was only ever done by that firm before. As I had gotten past the application stage, I would say the date becomes an issue when you reference something like 3 years but is now a commonplace type of advisory within the market. Another things is that, with any deal you mention, ask yourself… have I properly explained why it appeals to me? This last point is crucial as many firms will work on similar deals and this unique link to you is what will make your application stand out.

Hope this helps!

 

[jta227]

Hey @MissAnnaliseKeating ,

Many people have different views on this. I have once used a deal that was 3 years old, but revolutionary in the industry and was only ever done by that firm before. As I had gotten past the application stage, I would say the date becomes an issue when you reference something like 3 years but is now a commonplace type of advisory within the market. Another things is that, with any deal you mention, ask yourself… have I properly explained why it appeals to me? This last point is crucial as many firms will work on similar deals and this unique link to you is what will make your application stand out.

Hope this helps!

Is there any site you use to look for deals? Some firms' own websites conceal many details of the deal and/or have their most recent deals in certain sectors as 3 year-old deals when they've almost definitely worked on stuff since then

 

[Amma Usman]

@Andrei Radu @Jessica Booker Hi

When mentioning vacation scheme/work experience at other firms in an application form, is it all right to name them? Because then I worry I will have to justify why not the other firm and why the firm I am applying to, whereas a brief 'vacation scheme at X firm helped me explore interest in...." seems like needs less of a justification.

Hey @Miss Chocolate ,

I definitely recommend including the firms name. Most times in interviews, your interviewers will have access to your application form and this question will almost always come up (well at least it did for me). You could be asked why X law firm (the firm you’re applying at) and not Y firm which you did a VS at. As an applicant, you could touch on so many things such as client base and different industry specialisations, remembering to connect to why that matters to you. You could also be asked this same question, but within the context of many different industries too. For example, you attended a finance open day, so why law? In summary, the question of justification will likely always come up, you just have to look deeply into your interests and motivations, and answering it wouldn’t be an issue.

Best of luck and hope this helps!

 

[Miss Chocolate]

Hey @Miss Chocolate ,

I definitely recommend including the firms name. Most times in interviews, your interviewers will have access to your application form and this question will almost always come up (well at least it did for me). You could be asked why X law firm (the firm you’re applying at) and not Y firm which you did a VS at. As an applicant, you could touch on so many things such as client base and different industry specialisations, remembering to connect to why that matters to you. You could also be asked this same question, but within the context of many different industries too. For example, you attended a finance open day, so why law? In summary, the question of justification will likely always come up, you just have to look deeply into your interests and motivations, and answering it wouldn’t be an issue.

Best of luck and hope this helps!

Thanks a lot for this

 

[Amma Usman]

Is there any site you use to look for deals? Some firms' own websites conceal many details of the deal and/or have their most recent deals in certain sectors as 3 year-old deals when they've almost definitely worked on stuff since then

Hey @jta227 ,

If the firm’s website is not as recent as you need, a brief skim through their LinkedIn profile will help. Alternatively, sources like Law.com International and the Lawyer also post regularly on these.

 

[Amma Usman]

@Jessica Booker @Andrei Radu
Would it be a bad idea to mention a Kirkland open day in an application to Travers? IK Travers are strong in private equity, and what sparked my interest in PE was a debt finance workshop at the Kirkland open day. But I also go on to talk about how I like the Travers room-sharing system because of the high level of supervision + training (which Kirkland doesn't really have)

Ofc I could deflect this in an interview by saying I didn't like Kirkland's culture after attending the open day, but I'm wondering whether grad rec might discard it because I'm applying to wildly different firms and so won't be a good fit (which is partially true, it's one of my least favourites). Then again it would be difficult to substantiate my interest in PE work without mentioning the open day.

Would appreciate any advice to be honest

Hey @andrewk ,

This is a great question.

The way I would approach this is by definitely mentioning the workshop as an experience which sparked your interest in finance, of which PE work sits in. However, by mentioning the debt finance workshop, you have not really touched on how that links to PE. This is important to establish first in your application since it appears you are drawn to TS’ PE practice, and not their debt finance practice - which are two different specialisations. You could mention how both practices work with PE clients at different stages of the funding timeline to connect this link. For example, the finance practice will legally facilitate the borrowing of funds which will be used to purchase those portfolio companies in a PE deal. The finance practice will also see through anything finance-related even after the portfolio company has been sold after say.. the 10 year mark.

I would also be mindful of mentioning something such as a room sharing system as many firms offer this for their trainees. Perhaps focus more on the work itself. If you are keen on mentioning a training-related point, you should ensure you really focus on why that actually appeals and any examples of how you have thrived in a similar space. Another thing I would avoid mentioning to differentiate between firms is culture.

Overall, I see absolutely no harm in mentioning another firm’s name. If anything, that experience shows you’ve gone above and beyond to learn more about the industry.

Best of luck and hope this helps!

 

[Amma Usman]

Has anyone done the Simmons and Simmons video interview? do you have any tips? 🙏

Hey there,

I have linked Andrei’s guide to help. Best of luck on the VI! https://www.thecorporatelawacademy....de-for-competency-interview-preparation.9380/

 

[Apple]

Any news for Links SVS? If not, do they usually wait this long to send AC invites ?

 

[mariistm]

Sorry if this has been asked before but are there any resources regarding negotiation exercises at AC?

I’m trying to prepare for Eversheds’ internal meeting simulation and by the sounds of it, it’s most similar to a negotiation although I don’t know what to expect.

I am rubbish at negotiating so if anyone has any advice that would be very helpful. Thanks!

 

[BillSikes]

Anything from Pinsents regional VS app?

 

[Steakbake]

Is Simmons VI untimed prep?

 

[Smart water 0403]

is font size 9 too small for a cover letter ?

 

[badmintonflyinginsect]

is font size 9 too small for a cover letter ?

yes imo. 11-12 is good.

 

[Cool pigeon]

yes imo. 11-12 is good.

I always do narrow margins- gives you a lot more space. I have had successful cover letters like this so is ok!

 

[cjwx]

If it says the test is not timed then the amount of time you take bears no relevance at all. I don’t think they will even know how long you take either.🫡

They recommend at least 75 minutes so that people do not underestimate how long it will take to fully complete the test and review answers before submitting. 🙂

The test should take 75 minutes or more to complete basically. That’s why for these tests you never have to request extra time. 🙂

Part of the reason these tests are not timed is to ensure fairness for people who are neurodivergent. 🙂

I remember asking the early careers team at HSF about this at an event and this is what they said.

Thanks for this I was having a bit of a tantrum in my post, these applications have me spiralling 😂😂😂😂😂😂

 

[tomsmitg]

Hi, has anyone done an AC at Cleary?

 

[tcla02]

Hi, has anyone done an AC at Cleary?

hi is yours for spring or summer?

 

[tomsmitg]

hi is yours for spring or summer?

Hi, it’s for summer