commercial awareness

  1. BJosh1928

    Assessment Centre preparation for someone that has no knowledge of law?

    Somehow received assessment centre offers to a few law firms and have made it near to the assessment centre rounds for top law firms (MC firms/US). I applied on a whim as I used to be interested in law but due to familial pressure of not going down that route, for years I just left the idea of...
    • BJosh1928
    • Thread
    • application advice assessment centre assessment centre case study commercial awareness interview prep magic circle training contract us law firm vacation scheme
    • Replies: 5
    • Forum: Applications Discussion
  2. RANDOTRON

    Commercial awareness sources

    Hi, I'm not sure if anyone has started a thread on this before (if so, sorry!). One of the main difficulties when I first started developing my commercial awareness was figuring out what sources I could use, where I should start, or even what news I should even be reading. So I want to make a...
  3. acheampong29

    Partner interview at Fieldfisher. Any advice?

    Hi all. I have been success in reaching the final stage of the TC process and I've been invited to a partner interview with Fieldfisher. I have been told the interview with focus on: Self-awareness Integrity Analytical skills Communication skills Questions designed around Fieldfisher values...
  4. C

    Legal knowledge vs Commercial acumen

    Hey everyone! Firstly, I wanted to express how grateful I am to the TCLA community as I found the forum incredibly helpful in this application cycle and was fortunate to secure VS for this summer! I really hope I will be able to convert it as this might be my last year of applications before I...
  5. lawnoob

    Commercial awareness and reading the news

    Hi everyone, I've been struggling with being up to date on the news and expanding my commercial awareness. I get overwhelmed by the amount of daily news, it takes up a lot of my time to read all the news updates, and I fail to recall most of what I've read after. How do you approach reading...
  6. Yas

    ILBF Essay Competition - Paid-for WE in London prize

    Hi all, I hope that this isn’t against forum rules (I had a check and it didn’t seem to be, however let me if it is!) but I thought I would share this competition as I imagine it’d be of interest to some people on here! The International Law Book Facility (ILBF) is running a student essay...
    • Yas
    • Thread
    • commercial awareness commercial law competiton work experience
    • Replies: 4
    • Forum: General Discussion
  7. Jaysen

    What are you struggling with the most right now?

    Hey everyone, I'm beginning this series of monthly check-ins to make sure I understand what you need the most help with right now. I want to then make sure that we are focusing on the right things that would be most useful to you. In time, I will zoom in on particular areas (e.g...
  8. C

    Law Firm Partnership Models

    Hi! I recently attended an Open Day at Shearman & Sterling and one of the speakers said that Sheaman & Sterling have a single global partnership, where all the firm's partners are in a single equity pool/pot of profits. He said that other elite NY firms also had this model, e.g. Weil, Gotshal &...
  9. C

    Group chat - Semi-finals AS Commercial Awareness Competition 2021-22

    Hi everyone, I wanted to start a group chat for anyone else who’s in the semi-finals of the AS Commercial Awareness Competition and wants to discuss preparation or commercial topics.
  10. A

    Recommended Films, Books & Documentaries with a Commercial/Legal Aspect

    Hey everyone! I thought it would be good to create a new, more relaxed thread for members to share and discuss some of their favourite films/documentaries/books which have a commercial or legal edge to them. Commercial awareness/technical knowledge can be really hard to 'get in to', and...
    • Anon08
    • Thread
    • book commercial awareness documentary film relax technical knowledge
    • Replies: 3
    • Forum: General Discussion
  11. James Kitching

    SPACs - A Question

    Hi all, So I won’t pretend to know everything about financing deals, PE, SPACs, IPOs, direct listings etc, but I have done a bit of research over the months and I can’t shake this one thought.... Isn’t this just debt piling on debt? I read this morning about 2 PE firms (Dyal and Owl Rock)...
  12. E

    If clients are increasingly unwilling to pay high fees, how else can law firms make money?

    I've seen a few variations of this question, e.g.: given that London clients are not willing to pay as high fees as Wall Street clients, how can UK firms stay competitive against US firms? or How can firms survive the proliferation of AI which may render charging high fees for services...
  13. N

    Equity Derivatives

    Hello everyone, I hope you are all well and staying safe given the current climate. I was wondering whether anyone had a good knowledge of equity derivatives and could explain it in a simple way. I am keen to learn more about the area of law, the types of clients operate in this field, and...
  14. M

    Shoosmiths Video Interview

    Hi all, I have a video interview with Shoosmiths on Saturday and I was just wondering if anyone has had a video interview before and what kind of questions I should expect especially when it comes to commercial awareness.
  15. Daniel Boden

    Vacation Scheme Preparation

    Hi guys, Per my post in the 'hearing back from law firms' thread, I thought I would create this so we can bounce ideas off each other and help each other out with any questions to ensure that we can all (hopefully) get those TC offers after this summer! I'll post my approach today but please...
  16. W

    Acquiring a foreign company

    Hi all, I have a quick question. If a company was acquiring another foreign company what are some of the considerations a lawyer would need to think of or instruct local counsel to do?
    • W
    • Thread
    • commercial awareness international m&a
    • Replies: 13
    • Forum: General Discussion
  17. S

    App Question: Explain a recent news story and how it impacts either a firm or the legal industry in

    Hi all, Applications about commercial awareness questions is something I've seen a lot more recently. They also ask for a range of words (200 for some but 500 for others) How is best to approach this question and most importantly how should it be structured? It would also be great to know how...
  18. Happiness

    If you could bring any law into force what would it be and why?

    Hi guys, I don't know if any one got asked the question "if you could bring any law into force what would it be and why" what was your answer or what would you answer to this question in an interview?
  19. C

    Describe a situation where you have used your commercial awareness to achieve a better outcome.

    Struggling with answering this question! I understand what commercial awareness is and I know how to relate it to law firms eg coronavirus means that many businesses will be wanting to implement force majeure, which law firms will have to assist with but I am unsure how to 'show' commercial...
  20. Daniel Boden

    Networking

    Given that we are coming to the time of year when most people are going to networking dinners, open days, interviews etc., I figured I'd link this article which I think many people who find networking a bit of a challenge would appreciate...

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