• Get Everything You Need to Secure a Training Contract
    Now half the price. Join TCLA Premium for £30/month and get step-by-step application support, daily commercial awareness practice, and 700+ successful examples of past applications and interview experiences. Plus so much more.
    Join Premium →
  • Ask Withers Anything! (Live Q&A)
    17 Nov 2025 10:00 am – 12:00 pm (UK) Hosted on TCLA Forum
    Chat with Withers' graduate recruitment team and ask about life at the firm, secondment opportunities, and what it's like to be a trainee. Simply return to this page on the day to post your questions.
  • SQE Student Panel with BPP
    19 Nov 2025 6:00 pm – 7:00 pm (UK) Zoom (registration required)
    Join us for a live student panel with BPP University Law School. We'll be joined by Jonny Hurst, Senior Lecturer in Law at BPP, and current BPP students who will share their advice on passing the SQE.
    Register on Zoom →

TCLA Vacation Scheme Applications Discussion Thread 2025-26

Andrei Radu

Legendary Member
Staff member
Future Trainee
Gold Member
Premium Member
Sep 9, 2024
929
1,649
@Andrei Radu @Abbie Whitlock Hi both, do you have any advice on how to approach the question of opportunities/challenges currently affecting law firms (especially in a VI context)?

Is it better to stick to a broad example, or something more niche? Always would love any examples you might have if possible 🫣
Hi @legallybrunette8 in short, I do not think it is inherently better to discuss a broad or niche example. In my opinion, what matters most for this kind of question is how you go about your analysis. As such, if I were you I would simply choose the topic I felt I was (i) more knowledgable about; and (ii) which givens me the opportunity for a more extended discussion on impact on the specific firm. I have expanded on these points in a lot more details in some recent posts, which I will quote bellow. I would advise you to take a look, as they explain both how to present a commercial topic well in general and how to analyse impact on a firm in more nuanced/in-depth way. There should also be a short-forum version of one of my past answers to this question.
Hi @flower1 as long as the topic you choose is one that is substantial enough to give you sufficient content to cover in a two-three minute answer and as long as you can also justify being interested in the topic, I think it should be fine. There is no objective list of "good" and "bad" commercial topics to discuss; what matters is not so much the topic itself, but the way you go about discussing it.

You may want to consider this list of questions as you are constructing your answer:
  • Is the answer well-researched? Am I including and addressing all major points of discussion related to this topic?
  • Is my answer nuanced and carefully considered? Am I taking into account a variety of different perspectives and stakeholders, and the different views and arguments they may formulate?
  • Is the information I present fully descriptive, or am I taking any view as to more contested topics, such as underlying causes of events, responses from the government and commercial actors, future trends and impacts, etc?
  • Is my answer well-structured and easy to follow? Have I made sure to avoid use of unnecessary jargon and complex terminology, and have I ensured that to the extent I have used jargon and complex terminology, I am able to break them down in laymen terms if prompted to?
Finally, to give an example of of a commercial topic I used to discuss: my favourite one back when I was applying was inflation and the policies of central banks. I remember I discussed causes (the Covid-19 pandemic, the invasion of Ukraine, etc), effects (rating interest rates and the consequent raise of cost of borrowing and investment) and projected impacts on the economy and financial markets (where I would also hone in on impact to PE and M&A and how big law firms would be impacted).

Hi @flower1 this is a really good question, and one I also used to struggle with quite a lot back in the day. The first thing I will mention is that making a detailed analysis of the impact of news to law firms is really difficult, as general commercial awareness resources and publications normally do not teach you to make such connections.

Importantly, it is also worth remembering that, for this reason, there is a limit as to how detailed and novel a firm would expect your answer to be. In many cases, commercial awareness questions based on an article will not focus that much on the specific impact to the firm; and generally, even when they ask this direct question, firms will not mark you down for having a "generic" answer such as one that points out what practices and sectors will likely experience an increase/decrease in demand.

That said, of course, the more nuanced, well-researched, and going beyond and above in depth of analysis an answer is, the better. A number of ways you can seek to add these layers of depth to your answer include:
  • Focusing on firm-specific bits of information you can include, such as anything specific to the firm that may make new opportunities particularly important for them? For instance, if there is a projected increase in PE activity, the likes of Kirkland and Latham would benefit a lot more than other rivals with PE practices, given their dominance in this market.
  • Focusing on how firms may respond to the challenge/opportunity - i.e. beyond saying what is the likely impact, you can consider if the firm should be looking to hire more associates/partners in a given area, expand geographically, invest in technology, reduce operational costs, etc.
  • Link the main story you read about to any related trends/stories that are relevant to your analysis and conclusions - e.g. if you are discussing increased demand for corporate work as a result of decreasing inflation and a more relaxed monetary policy, you could also mention how this will be further reinforced by the calming of tensions around tariffs and trade wars, a built up of dry powder in private funds, and a potential decrease in geopolitical tensions in the Middle East.
Finally, I just wanted to recommend to you some additional commercial awareness resources which were particularly helpful to me in improving my ability to analyse the impact different commercial news have on law firms:
  • The Lawyer is a great publication for this kind of analysis, although you will need an organisational subscription; if you are a student, check if your university has one. If not, their podcast is still freely accessible, so I would advise you to take a look.
  • The Global Legal Post is an amazing resource which does not require a subscription at all, so I would advise you to browse through it.
 

lawstudent2

Valued Member
Gold Member
Premium Member
Dec 9, 2024
124
107
Does anyone have any advice, in the last 24 hours I have been rejected from Reed Smith and DLA Piper post application (so didn't even get the test for either) and both rejections were received within a week of me applying.

I'm not really sure what to make of it as I've gotten to ACs before and am progressing thru test stages with other firms. My weakest part of my app is my grades but they both say they take a 2.1 and I thought they were strong applications, maybe I was too late idk.



Any advice on this as I am struggling to move past these rejections since I don't really know what to learn from it/what I shld have done differently.
 

e_turbo2

Distinguished Member
Gold Member
Premium Member
Aug 5, 2025
51
76
In an interview, when they ask 'why law', are they asking me why I wanted to study law at university or why I want to work as a lawyer? I have always answered this questions as why I chose to study law at university, but I'm not sure whether that is the right approach to the question.
I tend to see this Q as why you want to be a lawyer (commercial law in particular) although adding in why you studied law can also give some depth into this question. If its an in person interview, I'm sure they might steer the conversation into that direction anyway.

All the best with everything!
 

e_turbo2

Distinguished Member
Gold Member
Premium Member
Aug 5, 2025
51
76
Does anyone have any advice, in the last 24 hours I have been rejected from Reed Smith and DLA Piper post application (so didn't even get the test for either) and both rejections were received within a week of me applying.

I'm not really sure what to make of it as I've gotten to ACs before and am progressing thru test stages with other firms. My weakest part of my app is my grades but they both say they take a 2.1 and I thought they were strong applications, maybe I was too late idk.


Any advice on this as I am struggling to move past these rejections since I don't really know what to learn from it/what I shld have done differently.
Sorry about your rejections - these are always quite difficult.

I think firstly, it is important to note that rejections are inevitable in this process even for 1st class graduates and applicants with strong work experience. As such, it is important to understand that the rejection does not always reflect on your grades or written application responses. Secondly, it would be good to maybe revisit your answers and see whether they are extremely tailored to the firm, have you had interactions with the firm, work experiences that link to the firm, and if your work experience sections are detailed and highlights transferable skills.

As you have gotten to Acs before and you are progressing through test stages with other firms, I wouldn't be too worried in these instances. Different firms focus on different parts of the application and its not always quite easy to understand what these factors are.

In light of this, keep your chin up and keep applying! Best of luck.
 
  • Like
Reactions: Amgrad

LegalLigase

New Member
Oct 30, 2025
4
2
A&O Shearman Summer VS PFO

Could anyone give me any clue about the PFO message below? Does it mean that I struggled in those areas or it was just a general message that they sent to everyone for PFO? Also any advice on how to reflect and prepare better for the next time would be appreciated! Thanks in advance!

“Nonetheless, we encourage you to reflect on the following aspects:

1. Your academic history and achievements.

2. Your work experiences and how they align with your career goals.

3. Your motivation for pursuing a career in this area.

In addition, we recommend visiting our Law Career Guide on our website. It offers valuable resources and insights that can be instrumental in enhancing your future applications.”
 
  • 🤝
Reactions: sinirs

CharlesT47

Star Member
Gold Member
Premium Member
Jun 30, 2025
43
19
Hi @Andrei Radu
I was interested to hear your opinion on this since you're a future trainee for Davis Polk. I understand Davis Polk have strong ties to investment banks, and often advise lenders as opposed to PE sponsors in transactions.

How might you explain your interest in lender-sided finance as opposed to sponsor-sided finance? Is there a material difference? Obviously, the goal of your client is different since they are on different sides of the transactions but the key idea is the same-- help your client make money in the most cost-effective/ risk sensitive way.
 
Reactions: Andrei Radu

user55998384

Active Member
Sep 7, 2025
15
4
A&O Shearman Summer VS PFO

Could anyone give me any clue about the PFO message below? Does it mean that I struggled in those areas or it was just a general message that they sent to everyone for PFO? Also any advice on how to reflect and prepare better for the next time would be appreciated! Thanks in advance!

“Nonetheless, we encourage you to reflect on the following aspects:

1. Your academic history and achievements.

2. Your work experiences and how they align with your career goals.

3. Your motivation for pursuing a career in this area.

In addition, we recommend visiting our Law Career Guide on our website. It offers valuable resources and insights that can be instrumental in enhancing your future applications.”
i got the same message - thought they were just telling me i messed up on every section lol
 

Amgrad

Valued Member
Oct 2, 2025
119
150
I know people who got through to HR/partner interview with ABB
A friend of mine got through to hr interview with AAB/ABB (can’t remember which one, but wasn’t AAA)
You said ABB (see above)

Also, I applied to their spring/summer VS, would you mind to ask them when they'll be reviewing app and sending invites to us? I think they'll review it after the WVS, but not sure maybe you can ask them directly since you secured the WVS, thx.
 

Andrei Radu

Legendary Member
Staff member
Future Trainee
Gold Member
Premium Member
Sep 9, 2024
929
1,649
Hi @Andrei Radu
I was interested to hear your opinion on this since you're a future trainee for Davis Polk. I understand Davis Polk have strong ties to investment banks, and often advise lenders as opposed to PE sponsors in transactions.

How might you explain your interest in lender-sided finance as opposed to sponsor-sided finance? Is there a material difference? Obviously, the goal of your client is different since they are on different sides of the transactions but the key idea is the same-- help your client make money in the most cost-effective/ risk sensitive way.
Hi @CharlesT47 I think you could justify an interest by focusing on how the strategic objectives of institutional lenders impacts the legal work you do. As a sponsor in a leveraged buyout, you are trying to present the state of the target business in as favourable of a light as possible, to then be able to negotiate the lowest interest rates and most flexible repayment terms possible for as much debt financing as possible. As a lender, you want to scrutinise the target business and the sponsor's proposals as throughly as possible to ensure you can negotiate the best security and interest payments that you can. From this position, looking at the role of lawyers, you could conceptualise the lender's counsel by analogy to a buyer's counsel in M&A transactions: in highly leveraged PE transactions, the baks are putting in most of the money and thus taking on most of the downside risk; as such, they want to be very certain as to the value of the underlying business and the protection offered by the terms of the loan to be willing to provide the necessary financing.

Thus, legal work on behalf of leaders, through due diligence and research to scrutinise target businesses and review proposals of terms, and the negotiations and drafting work done to implement favourable terms, is crucial to safeguard their interest in high-risk transactions. This can be attractive because of the high level of responsibility it can involve and because of the many opportunities to learn about the operations and assets of target businesses and how to value them. Furthermore, working for a lender you will normally get to advise on transactions involving a greater variety of PE funds and on deals in a greater variety of industries (as there are only a few big investment banks, but there are many more active PE funds in the market). Finally, you could also consider how the higher interest rate environment of the last few years has shifted the bargaining position in favour of lenders - after the rise of PE in the 2010s has led to a status quo of very sponsor-friendly terms. Arguably, this means that lawyers acting for investment banks should have more of an opportunity to value-add by pushing for better deal terms, which could be an attractive aspect for up-and-coming lawyers.
 
  • ℹ️
Reactions: Amgrad

Lawlawland

Valued Member
Oct 4, 2025
112
145
Does anyone have any advice as to how to balance applications with uni? I have submitted 2 VS so far, I am behind a few lectures, and I haven't even started my coursework due next week. I also have another coursework on December and one in early Jan worth 100% of my modules. The prob is that most SVS applications, especially the rolling ones, close that time. I was at first aiming for 15 law firms, but now Idk if I can make 5 apps!
Hey!
I understand how chaotic application season gets, especially when both the deadlines pile up. I would like to share a few practicea that genuinely helped me stay sane amidst the chaos:

For applications:
1. I made a full list of firms, their deadlines, what appealed to me, and whether they were rolling. It helped me narrow my list down to around 15–25 firms and prioritise the important ones first.
2. I handled all the long answer questions together. I logged into every portal at once, pulled out the long-answer questions, and put them all into Obsidian (notion like platform) so I could draft offline. Then I grouped similar questions and slowly built pointers for each over 2-4 weeks, usually on my phone on the Tube or while eating, just like chatting. By the end, I had a strong content bank that only needed tailoring for each firm. I didn't have to think or brainstorm much when applying, as that took the most time for me tbh.
3. I dealt with all the admin sections together too. I grouped applications by platform (AllHires, Vantage, CVMail, SmartRecruiters) and filled in all the basic, repetitive info across multiple tabs at once. On days when I didn’t feel like writing answers, I used that time to complete these sections so they weren’t a chore later.

Doing everything in small, manageable pieces made the whole process so much easier. And because I spaced it out, it never clashed with my academic work.

Academics:
I broke big tasks into simple steps too... one day to brainstorm, one day to plan the structure, another to draft one section, another to refine it, and so on.

Distinctions mattered to me, so I didn’t let application stress take over. I even skipped a few applications when they clashed with my immediate priority (that crucial 70+).

Whenever I felt torn, I asked myself one simple question:
What will I regret more in five years, missing an application or missing a distinction because I didn’t focus enough?
For me, the answer was always the latter. That question helped me decide what to prioritise, and it's a useful trick whenever you’re conflicted. I hope that helps you to prioritise what matters to you.

Wishing you the best ♥️
 

About Us

The Corporate Law Academy (TCLA) was founded in 2018 because we wanted to improve the legal journey. We wanted more transparency and better training. We wanted to form a community of aspiring lawyers who care about becoming the best version of themselves.

Newsletter

Discover the most relevant business news, access our law firm analysis, and receive our best advice for aspiring lawyers.