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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    I am neither of these people but I do have an understanding of this! On a basic level: debt finance = you, as a company, are raising money by borrowing (e.g. a loan, such as from a bank, a group of banks or credit fund). equity finance = you, as a company, are raising money by issuing shares...
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    They were having virtual ACs until the end of last week so wouldn't assume PFO at all. I think they are still reviewing decisions.
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    If it makes you feel any better, I have a similar background and also just got my PFO and am feeling the exact same way! I perform quite well in in person interviews, have even done a vac scheme last year - the VIs are truly so unforgiving even though I feel I did relatively well on this one!
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    I don't think this is the case! I have 2 years corporate legal experience, a first from a RG uni and PE experience and still got a PFO hahah
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    To be honest I think the best approach here would be to be constantly following what's happening in the economy and macro-economic trends, which can best be connected to practice areas at commercial law firms. If you know what's going on and what's been going on / is relevant, you have a better...
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Very relaxed and standard motivational and competency and situational questions, so good prep bullet point examples of when you have used certain skills or encountered certain scenarios (eg working with a difficult person, under time pressure, etc). Nothing commercial from what I remember.
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    I have the same question! Would really like to know if you have the option to re-record answers as this seems to have been the case in previous years!
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Also tiny unrelated point if you're talking about DD on a M&A deal I'd specify legal DD as a M&A deal will have loads of other types of DD workstreams that the deal lawyers won't be working on such as financial DD etc.!
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    M&A in caps always but 'debt finance' and 'funds' and that sort of thing in caps only when referring to the names of specific practice groups at firms - this approach has got me past app stage many times before :)
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    The latter :)
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Fingers crossed! I'm in even more trouble as I was educated in the US and finished school a very long time ago! Good luck!
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Jesus. I haven't visited this stuff in about 9 years.
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Thank you! Oh god...numerical reasoning - that'll be...a journey.
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Also just got my PW test invite and have never done an Amberjack before! Anyone able to share broadly what these are like? Is it an SJT?
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    It had absolutely nothing to do with law last year and I doubt it will this year either so being non law would not at all disadvantage you :)
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    I did it last year and passed and I would say just research OC's key sectors and themes facing those sectors / areas very broadly, as well as thinking about what practice areas at OC might get involved in matters relating to those themes / specific issues facing those sectors. Otherwise, there...
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Pretty sure W&C has a reputation for completely ghosting (have heard this from quite a few people)
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Thank you!
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    Does anyone know Winston & Strawn is known for / what the firm specialises in (London office specifically)? I read something on here that said it's quite a niche / specialised firm and it seems they may be most known for litigation but my research suggests they are also pretty strong in more...
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    TCLA Vacation Scheme Applications Discussion Thread 2024-25

    I recommend two things here: 1. Look at the firm's Linkedin page and go through its 'posts' on Linkedin - here, you might have some press releases relating to recent deals / matters the firm has worked on, which would usually include disclosing the client in question. 2. Look at the profiles...

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