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  1. Jake Rickman

    Introducing Myself - TCLA Commercial News Discussions

    Hi, To your first point, I think you’ve identified the key challenges facing the energy sector. I would suggest reading any articles the firm you are interviewing with has published related to any one of those themes. The issue with the IRA as I understand it is that it makes the US a more...
  2. Corporate Stress Rises in the UK

    23 August 2023 Corporate Stress Rises in the UK

    Corporate Stress Rises in the UK Image credit: William Barton / Shutterstock.com What do you need to know this week? The Bank of England published an article yesterday warning that half of UK companies will struggle to service their corporate debt by the end of 2023. This suggests that...
  3. Mini Series: Business of Law Firms - Litigation Funding

    23 August 2023 Mini Series: Business of Law Firms - Litigation Funding

    Business of Law Firms Litigation Funding What do you need to know this week? This week’s Business of Law Firms article looks at litigation funding in the context of the UK Supreme Court’s recent decision that many existing litigation funding arrangements are unlawful. To understand the...
  4. Jake Rickman

    AI - A good candidate for commercial awareness?

    Hi, I think your analysis is good, though you may want to find specific use cases for each heading. That said, I do personally feel that discussing AI in an interview is analogous to crypto/blockchain technology a couple of years ago. That is, every interviewer can guarantee that they will hear...
  5. Jake Rickman

    Call for commercial awareness topics!

    A firm's business model describes the way in which it generate revenue and converts that into profit. You should therefore seek to identify the way in which a business generates revenue and its primary expenses. Likewise, try and identify the business's strategy. Each business will have its...
  6. Jake Rickman

    Call for commercial awareness topics!

    Maybe we can start the discussion by asking what commercial issues you feel this raises and why it is relevant to law firms?
  7. Jake Rickman

    Call for commercial awareness topics!

    Do you have a link to hand?
  8. CVC mooting IPO launch (again)

    16 August 2023 CVC mooting IPO launch (again)

    CVC mooting IPO launch (again) Image Credit: Postmodern Studio / Shutterstock.com What do you need to know this week? Private equity giant CVC Capital Partners is rumoured to be revisiting its ambitions to offer up to 10% of its shares to the public via an IPO. CVC owns a diverse...
  9. Mini Series: Business of Law Firms - Paul Weiss raids K&E

    16 August 2023 Mini Series: Business of Law Firms - Paul Weiss raids K&E

    Business of Law Firms Paul Weiss raids K&E What do you need to know this week? News broke on Monday that US firm Paul Weiss poached Kirkland & Ellis’s elite London debt finance team headed by Neel Sachdev. K&E lost four partners in total. As The Lawyer observes, Sachdev was at K&E for 20...
  10. Jake Rickman

    TCLA General Discussion Thread 2022-23

    Not a stupid question. That would be a decent topic, but you should do more reading around it and determine which locales are most affected. It would impact retail and real estate, but ask yourself how the impact would differ.
  11. Jake Rickman

    Commercial Awareness session on 9 Aug

    Hello there, unfortunately we did not record the session, but if I may direct you to this article, it covers many of the points we raised. I am also happy to discuss any aspect of the deal with you if you have any questions (to the best of my ability).
  12. Jake Rickman

    Vodafone and Three to merge

    This thread is for the general discussion of the Article Vodafone and Three to merge. Please add to the discussion here.
  13. Jake Rickman

    Mini Series: Business of Law Firms - The Role of Panel Solicitors

    This thread is for the general discussion of the Article Mini Series: Business of Law Firms - The Role of Panel Solicitors. Please add to the discussion here.
  14. Google and Universal Music strike a deal over AI ‘deepfakes’

    9 August 2023 Google and Universal Music strike a deal over AI ‘deepfakes’

    Google and Universal Music strike a deal over AI ‘deepfakes’ By Jake Rickman What do you need to know this week? The FT broke a story on Tuesday that Google’s parent company Alphabet, which also owns YouTube, and recorded music giant Universal struck a deal that governs AI-generated...
  15. Mini Series: Business of Law Firms - Dentons and Dacheng formally split

    9 August 2023 Mini Series: Business of Law Firms - Dentons and Dacheng formally split

    Business of Law Firms: Dentons and Dacheng formally split By Jake Rickman What do you need to know this week? The Lawyer announced on Tuesday that international law firm Dentons is formally splitting from its Mainland Chinese business division. Known as Dacheng (大成), Dentons and Dacheng...
  16. Jake Rickman

    TCLA General Discussion Thread 2022-23

    I have personally found that it is not feasible to try and divorce principles from how we encounter the principles in practice. My approach and what I recommend to everyone is to stay on top of areas that you find interesting and which are immediately relevant to commercial law. My go-to topics...
  17. Jake Rickman

    Mini Series: Business of Law Firms - Allen & Overy to merge with Shearman & Sterling

    It is relevant insofar as you may be expected to discuss challenges and opportunities facing the legal sector. Being able to explain the commercial drivers behind the deal signifies that you are engaged with the industry.
  18. Jake Rickman

    Call for commercial awareness topics!

    Hello, This is a difficult question to answer because it is phrased too generally. Which law firm? Which clients? Not all law firms are the same. Stephenson Harwood is a different law firm than, say, Allen & Overy. This is because Stephenson Harwood caters to a different class of client and...
  19. Jake Rickman

    Call for commercial awareness topics!

    Hi Marie, Thanks for your message. A few thoughts. This is an instance where your choice of an article to discuss may not be giving you the easiest task to set for yourself. This is because it does not raise straightforwardly legal issues that directly impact on a law firm's ability to advise...
  20. Jake Rickman

    Call for commercial awareness topics!

    Off the back of this @Aditya Kasiraman , The FT published an op-ed today which argues that the US's equity market stands to modestly benefit from the productive potential of AI, which over 10 years will improve the efficiency of the workforce. This is similar to what you were suggesting...

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