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Aspiring Lawyers - Applications & General Advice
Applications Discussion
TCLA Vacation Scheme Applications Discussion Thread 2024-25
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<blockquote data-quote="Amma Usman" data-source="post: 188961" data-attributes="member: 36740"><p>Hey [USER=30524]@Izzy1026[/USER]. An overall-competitor approach may not be the most appropriate as this will be virtually every law firm with a presence in the regional/ international market. Rather, as you suggested, it’ll be great to include competitors within the same practice-area specification. However, even this may be too generic. </p><p></p><p><strong><em>Let me give you an example:</em></strong></p><p></p><p>Travers has a good private equity specialty. However, so does Latham and Kirkland. Digging deep, you’ll see that TS has a specialty in <strong><em>mid-market PE deals. </em></strong>Thus, in answering the question, you would compare TS with similar firms that work on mid-market PE deals as well. This will ensure that you hit the nail on the market similarities between firms, enabling you to fashion a response that properly conveys an understanding of the sectoral specialties between firms.</p></blockquote><p></p>
[QUOTE="Amma Usman, post: 188961, member: 36740"] Hey [USER=30524]@Izzy1026[/USER]. An overall-competitor approach may not be the most appropriate as this will be virtually every law firm with a presence in the regional/ international market. Rather, as you suggested, it’ll be great to include competitors within the same practice-area specification. However, even this may be too generic. [B][I]Let me give you an example:[/I][/B] Travers has a good private equity specialty. However, so does Latham and Kirkland. Digging deep, you’ll see that TS has a specialty in [B][I]mid-market PE deals. [/I][/B]Thus, in answering the question, you would compare TS with similar firms that work on mid-market PE deals as well. This will ensure that you hit the nail on the market similarities between firms, enabling you to fashion a response that properly conveys an understanding of the sectoral specialties between firms. [/QUOTE]
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Aspiring Lawyers - Applications & General Advice
Applications Discussion
TCLA Vacation Scheme Applications Discussion Thread 2024-25
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