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Message: <blockquote data-quote="Lord Sumption" data-source="post: 229120" data-attributes="member: 25901">This is true actually. I know one person who did the scheme, and they said FF are very ruthless at the interview stage. It’s definitely easier to get onto the vac scheme than it is to convert it into a TC, and the conversion rates can be very low depending on the year.One thing I’ve also heard (slightly more “inside baseball”) is that the firm deliberately keeps VS numbers high because they use the scheme as a very broad benchmarking exercise rather than a straight pipeline. They compare vac schemers not just against each other, but against future cohorts and even existing trainees, so being “good” on the scheme often isn’t enough - you have to clearly outperform an extremely high internal bar. That means plenty of strong candidates still don’t get TCs, not necessarily because they’re weak, but because the firm is very selective about long-term fit and timing.</blockquote>

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