Thanks @Jaysen and @layk.
I want you to ignore what I said in the presentation and focus on my response below, as hopefully this shall address any confusion.
In simple terms, leveraging makes it possible for partners to bring in more money, billing no more and often fewer hours than they are...
Hi @PB. Great question and yes I do think you should stay in contact. Before you leave your first seat, suggest to your supervisor that you organise a tri-monthly coffee catch-up (if not more regularly if you feel comfortable). Usually a Friday afternoon is the best time to ensure that these...
Thanks @Yasmine. As someone who has never worked in project management or business development in a law firm, I am not sure I can provide you with a definitive answer. However, I shall try my best!
In regard to your first question, deciding the number of lawyers that work on a matter and their...
Hi @Chancer1998 , many thanks for the question.
You are right on the money with your response! It is always best to have a plan ahead of the TC and think about what departments you are interested in and may want to qualify into.
The way I would approach your first seat is by splitting the...
Hi @A12345. Thanks for the great question. I think the first course of action is to ask his / her PA. They will know if they are returning to the office soon and whether you can contact them on their mobile. Usually in these situations, it is always best to send them an email if you have any...
Hi @Daniel Boden.
It was my pleasure and I am glad you enjoyed the webinar. I did see your question and my apologies that I was not able to answer it during the allotted time.
Overall, during my training contract I had multiple opportunities to undertake pro bono work. At my Firm, pro bono...
Hi @ZH
Hi @ZH. As per my previous answer, I would encourage you to attend my seminar tomorrow as I cover this topic in detail. In summary, you will always be improving, even if you don't think you are. Every single day that you work at a law firm, you will learn something new. However, it is...
Thanks, @Danielle J. Hopefully my responses below provide some help but please let me know if I can provide any additional detail:
Question 1 - This is a question I often get asked and there is no one correct way of tackling this issue. However, honesty really is the best policy. I would often...
Hi @Lumree. Thank you for your question. There is no clear "defining moment" that I can point to that made me choose a career in commercial law. I certainly didn't have any aspirations to be a lawyer when I was younger nor did I have any real interest at the beginning of university. However, it...
Hi @Raam. Many thanks for your questions and of course, happy to go into further detail about my Antitrust seat. Specifically in regard to merger filings for a global M&A transaction, one of the common tasks for a trainee is to help conduct a jurisdictional analysis. Each country has their own...
Hi @Jacob Miller. Not a problem and happy to help. If you look at entry #46 of this thread, I have discussed dealing with mistakes. For your reference I have also provided the relevant section of my response below, emphasising in bold and italics the most important info:
"Making mistakes is an...
Many thanks @Jacob Miller for the warm welcome.
Question 1 - I get asked this question a lot and I always find it hard to answer (which is usually the sign of a great question). In general, I would say I haven't ever really thought "oh I wish I knew [x] or [y]". The reason for this is because...
Thanks, @Daniel Boden. The conversation is never easy because, by and large, a firm will want its employees to be working. I believe the reason why my further study was accepted is because it is quite specific to the sector I work in. I also have a fantastic relationship with my head of...
Thanks, @Numerius Negidius. My responses to your questions are below:
Question 1 - It depends on the time of year. Over the summer I usually find that unless I have a number of deals going on, my billable hours will be lower than my target hours. This is due to the fact that clients tend to go...
Thanks, @VLV for the interesting question. After reading your queries, I believe the most helpful response I can provide comes under the heading of "the role of a junior associate in a city law firm".
Overall, the role of a junior associate in a city law firm is to first and foremost, provide...
Thanks, @Daniel Boden. I shall answer all your questions individually.
Question 1 - I don't know how others in the TCLA community have felt about the GDL/LPC process, but I found the whole experience to be somewhat rushed. I was never able to engage in discussions about certain topics and I...
Thanks @PB. Unfortunately I have little to no experience in a finance department so I can't provide that much advice on this topic. However, from what my colleagues who work in finance departments have told me, I would say the work is closer to a corporate department. This is primarily due to...
Thanks, @Lumree. I can answer this in a couple of sentences. I was looking for a Firm that would enable me to get exposure to a wide variety of work, across a variety of jurisdictions and that kept doors open for my career rather than closing them. And yes, I absolutely found that!
Thanks, @NicN. In terms of managing my workload day-to-day, the main way is through the effective use of my outlook calendar. I make sure it is always up-to-date (thanks to my wonderful PA) and block off time when I need to get a task completed. I also use a pen and paper and list out all the...
My pleasure @Simran_K_Kambo. To answer your first question, from a lawyer's perspective, it primarily means you have to be liaising with local counsel on a regular basis and be able to work with them to get the deal done. This can range from local regulatory issues to navigating unique...
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