US national security regulations
The story
China has increasingly invested in sensitive US companies over the last decade, from self-driving cars to robotics and AI. These investments have sparked national security concerns, which has led to new US legislation to combat foreign investment in...
Commercial Awareness Update 6-10 August
I found this story from the latest edition of The Economist, which I've tried to explain below:
Elon Musk’s plans to take Tesla private
On the 7th August, Elon Musk announced plans to take Tesla – the world’s leading manufacturer of electric cars –...
Commercial Awareness Update 8th-9th August
Saudi Arabia v Canada
The timeline:
The story starts when Saudi Badawi, a Saudi women's rights activist, was arrested.
Canada's foreign minister made a tweet, calling for her release.
In response, Saudi Arabia:
expels Canadian diplomats
recalls a...
You're welcome :) There's just so much to cover on Brexit - and it always seems to be changing, so I've mostly left it alone until now. I think as we get closer to Brexit actually happen, they'll be more concrete stories to use!
Banks preparing for Brexit
The Story:
Bank of America has plans to move a small number of research analysts from London to Paris.
Impact on business and law firms
As I've said before, financial firms are concerned they will lose the ability to export to EU clients after Brexit, because of...
No deal v bad deal Brexit
Ministers have suggested we may leave the EU without a deal. This follows push back from the EU after Theresa May announced Britain's negotiating plan last month.
Impact on businesses and law firms
The impact of a 'no-deal Brexit' could include:
• Britain has the...
I guess it depends on why you want to do it and what else you'd be doing over that year instead. Are you looking to apply to a firm that doesn't fund the LPC normally?
Technology companies reverse trajectory
The story: Twitter’s share price fell by 14% as the company announced a 1m fall in monthly active users in the second quarter results, compared to the previous quarter.
This comes a day after Facebook suffered one of its biggest losses in US corporate...
(I can't believe it's already August!)
For those of you applying for training contracts for the 31 July deadline, I hope it all went okay!
In the meantime, I thought I'd start writing up some stories for the week. Everyone is welcome to contribute any links/updates of your own if you want to...
Hey, just to add, like you I used to struggle with commercial awareness a lot. What really helped me was trying to summarise a couple of news stories (first every day, then every week). I would also try to find the answer each time I found something that confused me - like what is a bond or a...
I think the question is testing - can you explain a complex subject to someone with no knowledge of that topic.
With an alien, that makes it very hard because they really have no knowledge of that topic and surrounding topics. If I were to explain Britney Spears to an alien (which is an amusing...
I've been meaning to post this one for a couple of days now, but I thought I'd tie all the stories together. Enjoy :)
Commercial Awareness Update 14 July to 24 July
Government proposals to regulate foreign acquisitions
The Story: The UK government has released new proposals that give it the...
Hey :). I've answered a question like this before. This is just my opinion but I would say this is a bit less suitable for the workplace type difficult situations and more for the bigger, more personal application questions. At least that was what I did when I answered it. That could probably be...
Well done! I was going to say, I've sent applications on vacation scheme deadlines before - one was literally minutes before midnight, and still got an interview. As the recruiter said, I think you'll still have a chance as long as it's a decent application. Otherwise having a deadline wouldn't...
Commercial Awareness Update 13 July to 17 July
The Netflix gamble
The Story: Over $20bn was wiped off the valuation of Netflix after the company reported disappointing growth in its subscriber numbers. The company had forecast 6.2 million subscribers in the second quarter, but it only gained...
Commercial Awareness Update 9 June - 13 June 2018
Here are some of the big commercial stories that caught my eye this week. (Thanks to Jaysen and Nicole for helping me with this one!)
May's Brexit Deal
The Story: Theresa May set out Britain's Brexit departure plan on July 6th. It caused...
Thanks!
I’ve got a few more commercial stories from 26/06/2018 to 06/07/2018
The road to a trade war
The story: Yesterday was the biggest escalation in the US/China trade war so far. On Friday 5 July, the US imposed tariffs on $34bn of goods produced in China. In response, China announced...
Hey guys, sorry I've been away for a while (exams are finally over!). I'll be starting these posts up again for this month.
Commercial Awareness Update 27/06/2018 - 04/07/2018
General Electric continues to sell off its assets
The Story: General Electric continues its strategic review to focus...
Thanks for sharing!
I think the Legal Innovation Centre was posted here before: https://www.ulster.ac.uk/legalinnovation. I've also know Kings computing and law module (but that may be more IT law than legal tech)...
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