Thanks, @TCIlluminatioMea. Unfortunately, this is a question that I can't provide much insight on. I have never tried to move from my Firm. That being said, in my time at the Firm, I have never seen an NQ hired. Hires primarily occur from mid-levels (or at least 2PQE) upwards. This is due to the...
Thanks, @KM6363. In order to make my answer as efficient and as easy to follow as possible, I shall address your questions in the order you presented them.
Question 1 - Unfortunately, the process at my Firm was to put down two preferences for qualification. I had to write a brief argument for...
Thanks, @nomi. In regard to your first question, I found there to be less late nights in an advisory department. However, the amount of time I spent in the office was pretty comparable. For example, in Antitrust, I worked 9-8pm nearly every day. In Corporate, I would sometimes work 9-5:30 during...
Thanks, @Legaleagle. I love the name by the way! I found it easy to keep up my hobbies. In fact, during my TC, I managed to keep up my workout classes. I also found time for dinners, drinks and socialising with friends. Even as an Associate, I still have time to do all these things (albeit in a...
Thanks,@IntrepidL. Overall, I found a client secondment to be more useful for my career. The ability to understand a client's business is invaluable, as you are able to gain an understanding of what advice actually matters. This means that when you return to the Firm, you have valuable insight...
Thanks, @Alice G for the great question! To simply label an advisory seat as just "research-heavy" would be to do these departments a disservice. For example, during my time in the Antitrust department, I shared my time between assisting with merger filings (a task that is naturally more...
Thanks, @nina_123. In terms of providing insight from the perspective of a vac schemer, I would point you towards the Ask me Anything threads from future trainees that we have in the forum.
My response shall be from the perspective of an associate giving feedback on a vac schemer. Firstly, I...
Hi @ebitda. I am so glad you asked this question - I am in the process of preparing a course for the TCLA on this exact topic. I therefore encourage you to visit it once it is up!
So as to not take away too much from the course, I shall just cover some of the salient points about what I wish I...
Thanks @Konstantinos. I was seconded to my Firm's New York office during my fourth seat. I was strictly advising on US law, while also assisting UK teams with US deals. Overall, I found the working culture to be massively different; US Partners are much more hands on during a transaction as...
Thanks @WannabeSolicitor24. In short, yes I think it can. As I mentioned in an earlier response, unfortunately as a trainee, due to the lack of support staff at London satellite offices, you can be involved in more mundane tasks as a trainee. However, due to the smaller teams, you will also have...
Hi NK. So, I undertook the GDL from September to June so I only had limited experience of juggling studies while completing vacation schemes. However, I do have experience in applying for Firms while undertaking the GDL which may prove useful. In short, I would say that right now, time is your...
Thanks Sabma. In general, as often the London offices operate as satellite offices to the US HQ, the teams tend to be more Corporate focused, with much smaller teams in the advisory departments (e.g., EU, Competition and Trade, Employment or IP). This is primarily due to the fact that the...
Thanks @Osh. Most of the time they will, especially if they go on to acquire further targets. If we think about it in simple terms, the Law Firm knows the business; they conducted the preliminary due diligence; they know the management and its structure. This knowledge can potentially relate to...
Thanks @WannabeSolicitor24. In short, I have found these labels to be inaccurate. While you may have higher target hours than UK firms, this doesn't make them "aggressive" nor does it make them "awful places to work". In fact, I believe I work at one of the nicest firms in the city. Often US...
Thanks Dheepa for the warm introduction.
It's a fantastic question to kick off this thread. During my vacation scheme, one Partner at the Firm I work at now provided a very fitting response to this exact question:
"When working on a transaction, you will often find yourself across the table...
Thanks @Jaysen for the kind words.
While I shall be operating under a pseudonym, as @Jaysen has experienced from working with me in the past, I like to be transparent in all my content. Thus, please do not shy away from asking direct, intrusive or somewhat informal questions. I can't stress...
Hi All,
My name is LM and I am a Corporate Associate at a global law firm. I am pleased to announce that I have joined the TCLA forum team. I have just commenced a sabbatical to pursue further study and wanted to take this opportunity to share my experiences so far in the industry.
I applied...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.