TCLA Vacation Scheme Applications Discussion Thread 2026-27

[thedonnabrief]

Hi @Abbie Whitlock ! Do you have any advice for how to write work experience section in applications? I am struggling with making it sound CV like but also ensure that I show I learnt something from it. Is there an application bank or something where we can see some examples?

 

[rachl_shep]

Hi @Abbie Whitlock ! Do you have any advice for how to write work experience section in applications? I am struggling with making it sound CV like but also ensure that I show I learnt something from it. Is there an application bank or something where we can see some examples?

Can I jump on this and ask @Abbie Whitlock how do we write about open days in work experience sections? Should we relate what we learnt back to our own experiences or why we are interested in the firm?

 

[TortillaTC]

Hi!

I have been well, thank you, and it's definitely been a scorcher so far, haha! I hope you have been enjoying your summer too

I haven't participated in the AS Commercial Awareness Competition myself, so I can't speak specifically to the format or difficulty of the competition. However, I was runner-up in the British and Irish University Commercial Awareness Competition (BIUCAC) a few years ago, so I can share how I approached preparing for that, as I imagine there will be some overlap!

My preparation was split into a few different areas, and I generally prepared for each round as I got closer to it. However, I started by making sure I had a really solid grasp of the basics.

For the technical side, I made quite a lot of use of resources like Investopedia, TCLA, LittleLaw, and Youtube to get comfortablew ith concepts such as debt/equity finance, IPOs, indemnities and warranties, SPAs, private equity deals, M&A, etc. I found it much more useful to focus on actually understanding why things worked the way they did, rather than just memorising definitions and timelines. Once you understand the underlying concept, you are much more likely to be able to work out the answer to an unfamiliar question. The way that I structured this was to read an article, and look up any unfamiliar terms on Investopedia and read the explanation on it. If there were any other unfamiliar terms within this explanation, I'd then search that one up too and so on.

I would also make sure you are keeping up with what is happening in the market. Personally, I listened to the FT News Briefing and would read longer FT/BBC articles whenever there was a story that I found particularly interesting or relevant. You don't necessarily need to know every single news story in detail - I found it much more useful to identify major stories and themes and understand why something was happening and what the wider implications might be.

One thing I found particularly helpful was to always think about how a law firm would actually be involved in the commercial developments I was following. So, rather than just reading about a transaction, I would ask myself: what type of legal work might this development create? What might clients need advice on as a result? Which practice areas would be involved? And why might a particular firm be well equipped to assist?

For example, if you are reading about a PE acquisition, don't just focus on understanding what the transaction involves. I'd think about the legal work required to get the deal over the line, the issues that might arise for the buyer and seller, and what the relevant lawyers would actually be doing. I found that this helped me turn commercial news into something much more relevant from a legal perspective, rather than simply trying to remember what had happened.

Given what you have said about the time pressure, I would also practise answering questions quickly. One thing you could do is make a list of the topics and terminology you think you could reasonably be expected to know, and get a friend to test you with quick-fire questions where you have to answer or explain something on the spot. I think this is particularly useful as there is a big difference between recognising a term when you see it, and being able to explain it confidently under time pressure.

I have also previously written a few posts on preparing for commercial awareness competitions, so these might be useful as well - I have quoted them below.

I wouldn't worry too much about trying to know absolutely everything for the competition - it is likely impossible! If the competition is as terminology-heavy as you remember, I would prioritise building a really strong foundation across the core areas, keeping up with the major commercial stories, and then practising applying that knowledge under time pressure.

Best of luck with it!!

Thank you very much, extremely useful advice)