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  1. R

    Slaughter and May Training Contract Application 2022

    September as well!
  2. R

    Slaughter and May Training Contract Application 2022

    I don't think my experience can be used as a benchmark as it was an unusual one. From application to AC, it is usually a month or so. From AC to Offer, in my case, it was the next day, but otherwise it is usually 3 weeks.
  3. R

    Slaughter and May Training Contract Application 2022

    They hold it throughout and fill on a rolling basis. I got my TC offer really late (September), for example.
  4. R

    Online BPP LPC/GDL- Will you still move?

    No one ever uses the library services - everything will be online / virtual.
  5. R

    Online BPP LPC/GDL- Will you still move?

    If everything is virtual - there probably isn't a real reason to come to London and pay higher rent, etc. It'd have to be purely based on your desire to be in London for its social experiences. Everything you will need to perform well on the LPC will be made available virtually.
  6. R

    LPC pre-reading - do law firms see you test results?

    They're not - don't worry.
  7. R

    Slaughter and May Training Contract Application 2022

    I also received a TC last year. My article was from the FT. We discussed meritocracy in the banking industry and I was asked to take a position (which was chosen by one of the partners). The conversation that surrounds the article is largely focused on testing your interpretation of the article...
  8. R

    Equity Derivatives

    One thing to note is to query why you're interested in specifically equity derivatives. Most law firms deal with both and group 'both' into a single group. Law - The type of work involves considering and dealing with hedging agreements like loans, structuring, capital markets work, loan...
  9. R

    Slaughter and May Training Contract Application 2022

    Just explain how it works in comparison to A Levels. Try and show the parallel so they understand what grades correspond to A level grades or UCAS points, etc.
  10. R

    Please give details of noteworthy achievements

    Include it - it's an achievement nonetheless.
  11. R

    How to approach a business case study

    PESTLE / SWOT is a fine structure. However, it is often the case very hard to apply within the time constraints, and it may detract from the 'key' opportunities and 'key' concerns in play. Always try and think about the client (and other stakeholders involved). Try to consider whether you are...
  12. R

    Leveraged finance transaction

    I don't think you'll be expected to know that much detail for any interview / the workshop. You might get an outline. It'd probably be more useful to understand what leveraged finance is used for and why it is used in a commercial sense. Specifically, how it increases one's return on investment...
  13. R

    Training Contract Application

    If you're eligible to apply for vacation schemes and training contracts, you should do both (if you're allowed to in the same cycle) and if not, a mixture. Try and apply to a range of firms that 'make sense' together, so if you're ever asked about what other firms you're applying to, you will be...
  14. R

    Commercial Awareness Discussion Thread

    Yes. Sometimes a fund, due to market movement, may feel like they need to lower their exposure to certain industries / asset classes, to avoid the unsystematic risks associated. This draws parallels to banks.
  15. R

    Commercial Awareness Discussion Thread

    I would say the main drivers for secondaries is liquidity and risk exposure.
  16. R

    Commercial Awareness Discussion Thread

    It'll be amusing until it isn't. :eek:
  17. R

    Cover letter and Application form

    I'm not sure. I've received various differing advice from different people (grad rec included). I know that in 2018, when I got my training contract offer, they had just changed their cover letter requirements to be 'slightly' fuller. Prior to that, you simply just had to write one paragraph on...
  18. R

    Cover letter and Application form

    This is a good point. I should qualify that the 'Why commercial law' paragraph is an optional one (based on the firm) and it would be the 2nd paragraph. Other firms like Slaughters understand that it is implicit that you are interested in commercial law because you are applying to them and their...
  19. R

    Cover letter and Application form

    It won't hurt to clarify with the firm as to whether a cover letter is required / expected. However, there are many things you can address in your cover letter that you may not necessarily touch by just answering those two questions alone. If you are given the option to attach a cover letter...
  20. R

    Commercial Awareness Interview Question

    Think about it along the lines of recognising relevant market forces, the context, the industry, etc and using that knowledge to "add value" in a professional role. For example, giving advice to a client (even if it is a simple request) and thinking about the best solution for them (perhaps...

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