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  1. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Yes this is a good way to do it. I've struggled finding firms events at this point in the cycle, where have you been looking?
  2. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    This is very helpful overall, and I think that broadly it stands to reason that if you're a graduate or otherwise 'out of season' for vac schemes with a given firm, direct TC would be fair play regardless of experience. There aren't a lot of firms which have this exclusion (though most of the MC...
  3. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Absolutely would do (and will be doing) that yes.
  4. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Extraordinarily well done, congrats!
  5. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Fwiw I applied to MB in early December because their app was low-stakes and all it meant was that I got my PFO very quickly. Have seen people who applied much later get progressed.
  6. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    It varies a lot - if you're like 2 weeks before deadline you're ahead of a majority of candidates. A rule of thumb I've seen is to try to apply within the first 2/3 of the application window. In a perfect world I would submit every application 6 weeks in advance of close, but that's essentially...
  7. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Wondering if that YouTuber who reconstructs fast food into haute cuisine has tackled taco bell yet
  8. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    You're either gonna love the answer or you're gonna hate it
  9. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    I think the point is that there are a lot of people who don't neatly fit either category, that differentials of advantage straddle an infinite gradient. I myself have been blessed with certain substantial privileges but also confronted with a number of unusual hardships. It's bizarre having a...
  10. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Gemerally no, but there is some variety from firm to firm and some will have different ranges of activities within a finance group, which may or may not be further subdivided. Fintech will very rarely be the special purview of the finance dept., though they will naturally be involved in lots of...
  11. Rob93

    TCLA Direct Training Contract Applications Discussion Thread 2021-22 (#1)

    I believe that they do have direct TC, and their window is in the summer last I checked.
  12. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Great example, if the firm works for any big banks that do business with Russian oligarchs I'd discuss potential implications for those clients.
  13. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Can mean a number of things. Very often it'll be similar to what you find on an app - talk about a commercial story/topic, explain your interest, maybe relate it to the firm - decent variety within this but the same kind of bones. Could also involve discussing your interest in one of the firm's...
  14. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    They're both in a similar league but have very different things in which they're particularly strong.
  15. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Astronomically high PEP to me is a red flag because it means they are wringing ever more out of juniors. I will perhaps lateral into partnership at Kirkland in my later years, after building a respectable book of business at some 'lesser' firm 🥳
  16. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    It would be better if it didn't! I gather that no small part of the strain on city lawyers is a downstream effect of some of the... shall we say, 'extreme' behaviour sometimes seen in IB and PE outfits.
  17. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Yeah I mean it's also imo quite unseemly to get into pissing contests about comp levels as though that's a reflection of competence, intelligence or inherent worth. Everyone matriculating into City practice as an NQ is in or very near the top 1% of UK earners, the obsession in some corners with...
  18. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    That post rolled us onto 667 - confirmation Jessica is here doing God's work
  19. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    To an extent that's just kind of how this works. I think there's a lot to be said for like, being able to self-reflect and find iterative ways to improve what you've done - even if your application was good, it can always be better. And that's a related point - I've been unsuccessful on...
  20. Rob93

    TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

    Classic stuff, absolute paragons of the profession in the comments every time.

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