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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="Andrei Radu" data-source="post: 204115" data-attributes="member: 36777"><p>Huge congratulations on the VS [USER=27532]@badmintonflyinginsect[/USER] <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" />! My main tips for preparing for a vacation scheme are the following:</p><ol> <li data-xf-list-type="ol"><strong>Brush up on your commercial awareness:</strong> while the specific way commercial awareness matters for the purposes of conversion tends to differ on a firm by firm basis, it is almost always an important factor. As such, in the coming weeks before the VS I would pay extra close attention to business news and see if there are any updates I should be aware about on important topics (inflation and monetary figures, economic growth, capital markets and dealmaking activity, etc). At the same time, try to fill any gaps in your general knowledge of how businesses work, the different economic sectors, and the roles and functions of the different actors and instruments in the world of finance and investing. I highly recommend <a href="https://www.investopedia.com/" target="_blank">Investopedia </a>to build up your knowledge of business jargon. </li> <li data-xf-list-type="ol"><strong>Research the practice area you will sit in:</strong> once you find out what your seats will be, take some time to understand what it is exactly lawyers in those practices do - why do clients need their services, and how do those services differ from those offered by other practice areas? Furthermore, try to get an understanding as to how delivering those services works in practice: what are the different workstreams and tasks involved on typical client matters, and which of those are trainees/vacation schemers most likely to work on? For this, I highly recommend the <a href="https://content.next.westlaw.com/practical-law/document/I1b923307385211e89bf099c0ee06c731/Practice-Area-Essentials?transitionType=Default&contextData=%28sc.Default%29&viewType=FullText" target="_blank">Westlaw/Practical Law Introductory Practice Area Guides</a>; they go in a lot more detail than you will be expected to know but are the most comprehensive resource I know of. </li> <li data-xf-list-type="ol"><strong>Reach out and build rapport with people at the firm:</strong> It is always a good idea to try to build rapport early with people at the firm. As such, you could consider sending a LinkedIn text/email asking for advice or a chat with a trainee at the firm, particularly if you have met them in the past. I would also target people who are currently doing a seat in the practice area you have been allocated, as they will be able to give you the best advice on preparation. Building rapport with them is also particularly important, as graduate recruitment tends to emphasize the reviews of people in your seat when collating input for a TC offer decision. However, avoid appearing overeager and annoying people with busy schedules. Be very straightforward about your intentions and show your appreciation for the time they decide to give to you.</li> </ol></blockquote><p></p>
[QUOTE="Andrei Radu, post: 204115, member: 36777"] Huge congratulations on the VS [USER=27532]@badmintonflyinginsect[/USER] :)! My main tips for preparing for a vacation scheme are the following: [LIST=1] [*][B]Brush up on your commercial awareness:[/B] while the specific way commercial awareness matters for the purposes of conversion tends to differ on a firm by firm basis, it is almost always an important factor. As such, in the coming weeks before the VS I would pay extra close attention to business news and see if there are any updates I should be aware about on important topics (inflation and monetary figures, economic growth, capital markets and dealmaking activity, etc). At the same time, try to fill any gaps in your general knowledge of how businesses work, the different economic sectors, and the roles and functions of the different actors and instruments in the world of finance and investing. I highly recommend [URL='https://www.investopedia.com/']Investopedia [/URL]to build up your knowledge of business jargon. [*][B]Research the practice area you will sit in:[/B] once you find out what your seats will be, take some time to understand what it is exactly lawyers in those practices do - why do clients need their services, and how do those services differ from those offered by other practice areas? Furthermore, try to get an understanding as to how delivering those services works in practice: what are the different workstreams and tasks involved on typical client matters, and which of those are trainees/vacation schemers most likely to work on? For this, I highly recommend the [URL='https://content.next.westlaw.com/practical-law/document/I1b923307385211e89bf099c0ee06c731/Practice-Area-Essentials?transitionType=Default&contextData=%28sc.Default%29&viewType=FullText']Westlaw/Practical Law Introductory Practice Area Guides[/URL]; they go in a lot more detail than you will be expected to know but are the most comprehensive resource I know of. [*][B]Reach out and build rapport with people at the firm:[/B] It is always a good idea to try to build rapport early with people at the firm. As such, you could consider sending a LinkedIn text/email asking for advice or a chat with a trainee at the firm, particularly if you have met them in the past. I would also target people who are currently doing a seat in the practice area you have been allocated, as they will be able to give you the best advice on preparation. Building rapport with them is also particularly important, as graduate recruitment tends to emphasize the reviews of people in your seat when collating input for a TC offer decision. However, avoid appearing overeager and annoying people with busy schedules. Be very straightforward about your intentions and show your appreciation for the time they decide to give to you. [/LIST] [/QUOTE]
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Applications Discussion
TCLA Vacation Scheme Applications Discussion Thread 2024-25
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