Hiya [USER=15269]@NJS[/USER] 
I'd be curious to know what [USER=36777]@Andrei Radu[/USER] and [USER=36740]@Amma Usman[/USER] say here, but I think this question is more flexible than it might seem. I think you can choose either a broad commercial issue or a specific event (as long as you can point out what commercial issue the story raises) and then explain why it interests you and connect it to the legal sector. If you choose a broad topic (e.g., interest rates, increasing liquidity constraints, ESG investment trends), focus on recent developments, challenges or opportunities the topic raises for clients and firms in roughly the same position as Goodwin.
Alternatively, if you do choose a particular story, like a recent merger, case, or regulatory change, I would ensure that your response highlights the specific commercial issue or opportunity that the story illustrates. That is, try to think beyond the story itself and consider what commercial trend or commercial opportunity/challenge the story brings into focus. For instance, consider the dispute-related story between Cerberus and Spanish Bank Sabadell (I mentioned in my previous post). Given Goodwin's expertise in both real estate and private equity, this recent case could be an apt news story to discuss, but what commercial issues/trends does this raise? For instance, does it raise questions about how private equity companies should handle distressed property portfolios in the future? How could decisions like this affect investor confidence in private equity funds dealing with distressed or complex assets? Could cases like this alter how such distressed assets are valued in PE transactions? Again, these are just some ways of drawing out the commercial trends/challenges/opportunities posed by a single story.
Overall, I'd say focus on an issue or news story you genuinely find interesting and that's relevant to law firms operating in roughly the same segment of the market in which Goodwin is positioned.
