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Aspiring Lawyers - Applications & General Advice
Applications Discussion
TCLA Vacation Scheme Applications Discussion Thread 2025-26
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<blockquote data-quote="Abbie Whitlock" data-source="post: 249882" data-attributes="member: 42112"><p>Hi!</p><p></p><p>I would really encourage you to explore this through targeted research rather than looking for a specific or set answer - you gain a lot of skills in relation to commercial awareness when you can analyse and research individual stories! I would start by searching each theme alongside terms such as "impact on law firms", "impact on corporate clients", or potentially specific practice areas (e.g. AI and its impact on disputes). </p><p></p><p>It helps to look at a wide range of sources to gain a more holistic view - things such as the Financial Times, The Lawyer, BBC News, LittleLaw, and sites such as Investopedia. They will often analyse how trends like AI, tariffs or private credit are affecting the long-term strategy for firms, their hiring processes, and how they're growing their practice areas. Firm websites can also be really useful, particularly in the "insights" section. For example, I've just had a quick look at LittleLaw and can see <a href="https://littlelaw.co.uk/p/how-cms-actually-uses-ai-and-why-you-should-care" target="_blank">this article</a> on how CMS actually uses AI - it also discusses some of the biggest challenges firm face when implementing AI.</p><p></p><p>More generally, when you read, try not to just absorb the information. You should ask yourself: what does this mean for clients? Which practice areas benefit? Which might slow down and see less activity? How might firms adapt internally?</p><p></p><p>If you approach it this way, you'll build genuine commercial awareness rather than just memorising talking points, and it'll be much more beneficial in the long-run.</p><p></p><p>Best of luck!! <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Abbie Whitlock, post: 249882, member: 42112"] Hi! I would really encourage you to explore this through targeted research rather than looking for a specific or set answer - you gain a lot of skills in relation to commercial awareness when you can analyse and research individual stories! I would start by searching each theme alongside terms such as "impact on law firms", "impact on corporate clients", or potentially specific practice areas (e.g. AI and its impact on disputes). It helps to look at a wide range of sources to gain a more holistic view - things such as the Financial Times, The Lawyer, BBC News, LittleLaw, and sites such as Investopedia. They will often analyse how trends like AI, tariffs or private credit are affecting the long-term strategy for firms, their hiring processes, and how they're growing their practice areas. Firm websites can also be really useful, particularly in the "insights" section. For example, I've just had a quick look at LittleLaw and can see [URL='https://littlelaw.co.uk/p/how-cms-actually-uses-ai-and-why-you-should-care']this article[/URL] on how CMS actually uses AI - it also discusses some of the biggest challenges firm face when implementing AI. More generally, when you read, try not to just absorb the information. You should ask yourself: what does this mean for clients? Which practice areas benefit? Which might slow down and see less activity? How might firms adapt internally? If you approach it this way, you'll build genuine commercial awareness rather than just memorising talking points, and it'll be much more beneficial in the long-run. Best of luck!! :) [/QUOTE]
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TCLA Vacation Scheme Applications Discussion Thread 2025-26
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