TCLA Vacation Scheme Applications Discussion Thread 2024-25

[BillSikes]

Is their a way of muting words and phrases on here?

 

[JessicaTC27]

Willkie Written Exercise!🫣

Congrats! When do you have to take it or have they just given you a deadline to submit it by? Also is it virtual or in person?

 

[JessicaTC27]

Goodwin Interview invite!!

Congrats! When’s the interview and is it virtual or in person in London if you don’t mind me asking?

 

[BBsharkk]

I haven't heard back from P,W yet but this was my answer. I focused on linking each paragraph back to the client and what it means for them.

Paul, Weiss’s full-service offering, underpinned by sponsor-side financial expertise, supports private equity clients from fund formation to IPO. Two-thirds of London lawyers specialise in private equity and debt finance, enabling Paul, Weiss to provide tailored, flexible financing strategies that balance stakeholder priorities. In TDR Capital’s acquisition of Acqua & Sapone, Paul, Weiss structured €400 million fixed-rate and €450 million floating-rate notes listed on the Euro MTF to attract institutional investors and secure competitive pricing alongside a €130 million revolving credit facility. This combination met the client’s unique needs by optimising the cost of capital and providing liquidity for funding the acquisition and post-transaction for strategic growth, exemplifying Paul, Weiss’s ability to deliver value-driven financing strategies.

Coordinating advice across London, New York, and Brussels for General Atlantic’s Kyriba investment exemplified Paul, Weiss’s “one-firm” culture. The absence of billing targets eliminates internal competition, prioritising knowledge sharing and high-quality advice over billable hours. This enabled Paul, Weiss to reconcile US-UK tax frameworks and structure equity and financing arrangements that safeguarded General Atlantic’s minority investment and advanced Kyriba’s treasury technology leadership. Additionally, a capacity manager ensures efficient resource allocation, keeping critical activities like due diligence and financing coordination on track. AI tools like Harvey enhance this process by identifying red flags early and facilitating informed risk and deal viability assessments. This enables Paul Weiss to manage accelerated auction timelines, mitigate cross-border tax inefficiencies and deliver enhanced investor protections, all while securing strategic market positioning for clients.


Expanding partnership by 54% with 16 strategic hires in 2024 exemplified Paul, Weiss’s ambitious growth trajectory. Recruiting former TDR General Counsel David Holdsworth, whose unique insight into sponsor priorities strengthens the firm’s ability to anticipate TDR-specific challenges, structure tailored financing, and drive long-term portfolio growth, reinforced Paul, Weiss’s position as a trusted adviser for transformative private equity investments.

After seeing your answer I know I'm 100% cooked 😂
I don't even know where you found all this research and information lol. Having very high hopes for you progressing 💪🏻

 

[yasmars]

I haven't heard back from P,W yet but this was my answer. I focused on linking each paragraph back to the client and what it means for them.

Paul, Weiss’s full-service offering, underpinned by sponsor-side financial expertise, supports private equity clients from fund formation to IPO. Two-thirds of London lawyers specialise in private equity and debt finance, enabling Paul, Weiss to provide tailored, flexible financing strategies that balance stakeholder priorities. In TDR Capital’s acquisition of Acqua & Sapone, Paul, Weiss structured €400 million fixed-rate and €450 million floating-rate notes listed on the Euro MTF to attract institutional investors and secure competitive pricing alongside a €130 million revolving credit facility. This combination met the client’s unique needs by optimising the cost of capital and providing liquidity for funding the acquisition and post-transaction for strategic growth, exemplifying Paul, Weiss’s ability to deliver value-driven financing strategies.

Coordinating advice across London, New York, and Brussels for General Atlantic’s Kyriba investment exemplified Paul, Weiss’s “one-firm” culture. The absence of billing targets eliminates internal competition, prioritising knowledge sharing and high-quality advice over billable hours. This enabled Paul, Weiss to reconcile US-UK tax frameworks and structure equity and financing arrangements that safeguarded General Atlantic’s minority investment and advanced Kyriba’s treasury technology leadership. Additionally, a capacity manager ensures efficient resource allocation, keeping critical activities like due diligence and financing coordination on track. AI tools like Harvey enhance this process by identifying red flags early and facilitating informed risk and deal viability assessments. This enables Paul Weiss to manage accelerated auction timelines, mitigate cross-border tax inefficiencies and deliver enhanced investor protections, all while securing strategic market positioning for clients.


Expanding partnership by 54% with 16 strategic hires in 2024 exemplified Paul, Weiss’s ambitious growth trajectory. Recruiting former TDR General Counsel David Holdsworth, whose unique insight into sponsor priorities strengthens the firm’s ability to anticipate TDR-specific challenges, structure tailored financing, and drive long-term portfolio growth, reinforced Paul, Weiss’s position as a trusted adviser for transformative private equity investments.

This is really well-written! I’d be surprised if you don’t get an interview!!

 

[1234578]

Hi everyone,

I’m preparing for the Charles Russell Speechlys Video Interview and would appreciate any insights on what to expect. Are the questions mostly competency-based, commercial, or a mix? Any tips on standing out since it’s the final stage?

Tagging @Ram Sabaratnam for guidance thanks in advance!

Congrats- Out of interest when did you get the invite

 

[Ricky]

After seeing your answer I know I'm 100% cooked 😂
I don't even know where you found all this research and information lol. Having very high hopes for you progressing 💪🏻

All available on their website 😊
Thank you.

 

[Legallywhatever]

Is anyone still planning to apply to SH? Before I start properly writing out essay-style answers to the questions... They're rolling but say they don't fill out spaces until after the deadline so just wanna check if it will be worth it

 

[User123654]

I can only see it as an attempt to warm up candidates. By asking an easy question but saying "this will be reviewed", people will put effort in, and by the time the real question comes they may be more focused and less nervous than if you told them "this is junk, nobody will watch it".

Hi

What was the commercial awareness question like? Was it like a commercial news story?

thanks!

 

[lou1707]

any update from birketts today

 

[User123654]

I just did Gateley.

It was a little weird because there was a "starter" question, which they said would be reviewed but not marked!?

There were then two further questions were 3 minutes prep, 2 minutes to answer, one a "commercial awareness" and one a personality. Nothing Gateley-specific, although you could potentially link it to them.

Hi

What was the commercial awareness question like? Was it a commercial news story?

Thanks!

 

[baj5]

Has anyone heard from K&L or other people from Orrick?

 

[billyonthespeeddial]

Is anyone still planning to apply to SH? Before I start properly writing out essay-style answers to the questions... They're rolling but say they don't fill out spaces until after the deadline so just wanna check if it will be worth it

In my experience, firms that describe their process like this are always worth applying to, even up to right before the deadline

 

[fidrrygalka]

hey! i hope everyone is doing well here. for those who are about to give up my advice is to take a year off, focus on gaining some other experience and then come back to the race. It really helped me and I recommend taking a “gap year” after law school a lot.

other than that, to people who heard back from PW - did you apply to spring or summer scheme? simply wondering if they are maybe fast tracking the answers to the applications for the spring scheme

 

[BillSikes]

CRS rejection London

 

[desperateTCseeker1998]

Paul, Weiss theory:

They may be looking for applicants who also have a good amount of legal experience too, kinda like a direct TC applicant would. Would you think considering its their first ever cohort, they would want students fresh out of uni with no experience? Just a thought I might be wrong

Well this was something I considered when applying… I have legal experience so might match up

 

[Bread]

Well this was something I considered when applying… I have legal experience so might match up

Did you get an invite?

 

[emma.d]

CRS PFO - London Office

 

[desperateTCseeker1998]

Did you get an invite?

Nope, just no rejection yet hahaha

 

[lawstudenttt2003]

Just got Shoosmith's report feedback- Effective communicator, and detail as my strengths- adaptability as my weakness!