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2020-21 Vacation Scheme Applications Discussion
- Thread starter Jaysen
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I have an assessment centre (my first one ahhh!!!) tomorrow and I’ve been thinking about the CA question. I’ve been reading around crytpocurrencies, both with Tesla’s investment in Bitcoin as well as China’s new cryptocurrency, and also in more recent days about SPACs.
is there one which you think would be better than the other? Or does it not really matter?
obviously with the budget release today I’m also making sure I can talk about that but I want to pick a topic and feel confident to talk about it ! @Jaysen @Dheepa
thank you so much 🙏🏼🙏🏼🙏🏼
is there one which you think would be better than the other? Or does it not really matter?
obviously with the budget release today I’m also making sure I can talk about that but I want to pick a topic and feel confident to talk about it ! @Jaysen @Dheepa
thank you so much 🙏🏼🙏🏼🙏🏼
- Feb 17, 2018
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Hey - would this be with a view to answer variations of 'what business news story are you interested in and why?', or are you thinking about which topics you might be directly asked about in your interview?
The former. I’m preparing for a question along the lines of ‘what commercial news are you interested in’ or as you said, ‘what business news story have you been looking into’ etc.
- Feb 17, 2018
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The answer is easy then! Whichever you are the most interested in
.I'd also think about which topic you'd be comfortable answering follow up questions on, but this will generally align with the topic you are most interested in.
has anyone heard back from irwin mitchell london office (PLS) ???
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- Jan 20, 2019
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Congrats on your assessment centre! Completely agree with Jaysen, it really doesn't matter what news story you choose as long as you are genuinely interested and feel confident enough to discuss it in depth. The budget might be a bit of tricky one to prepare for with enough depth since it is only being released today and finding additional information or opinions on it in time for tomorrow might be tough. But again, if it is what you're the most interested in, go for it! Good luck for the AC! ☺️
Very true!!The answer is easy then! Whichever you are the most interested in
I suppose my worry comes from the fact the law firm is a leading PE firm so I feel as though talking about SPACs would be more relevant. Thank you so much for your advice
- Feb 17, 2018
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Very true!!
I suppose my worry comes from the fact the law firm is a leading PE firm so I feel as though talking about SPACs would be more relevant. Thank you so much for your advice
If the question is which story you are most interested in, you're absolutely fine to choose a topic that genuinely interests you. I think too often candidates think that everything they say needs to link back to a law firm - but that's precisely why they'll have separate questions asking about your motivations.
Speaking frankly, I would say most answers to commercial questions like these are uninspiring because candidates have taken the question to mean 'what should I say that will impress a firm?'. If you can actually find a topic for this question that you love and talk about it with passion, it'll stand out at interview and be refreshing for the interviewer.
I had an email last week that said: "This year we received an unprecedented amount of applications. This means we’ll be reviewing applications for the London office until Easter, video interviews will take place in April and the assessment centre will be in May. We understand that you’re keen to know the outcome of your application and we’ll be in touch as soon as possible."
Before I opened it I literally spoke out loud "it's probably another rejection" - seems there's still a slim chance yet.
I can't speak from experience, as I am merely a future trainee. However, I can say that from everyone I have spoken to, the NQ market is far more buoyant than the 'TC market', for want of a better descriptor.
If you have trained at a good firm, it is relatively easy to move between firms - however, bear in mind that 1) you might grow roots in a firm, and not want to leave, 2) the firm that you wish to leave and the firm you wish to join may have substantially different cultures/working habits, which you may or may not be amicable to, and 3) your qualification area will determine a lot of options (not that you should necessarily decide your qualification practice area based on this - just something to point out.
But, yes, in short, train at a good/top firm, and virtually all avenues are open (not to mention alternative paths like in-house/non-law careers).
I'd say that it's important to be able to be interested in it, and bonus points if you have a personal understanding of it as well!
For instance, I recently shared about Tesla's investment in Bitcoin and it's wider effects on Tesla's long-term growth narrative + effects on DeFi development and mining center development too! I connected it to myself by joking about how when I went into Tesla in 2014 I knew that Musk had bigger visions beyond just self-driving cars, and how I've used Coinbase and DeFi applications for a fair amount of time and how I appreciate and value the technology. Also giving counter points to my own interests makes it seem like you're giving a review on something that is personal to you.
From my experiences, partners were interested to hear something you're passionate about, but also something that might be new to them - something that they haven't heard before, especially if it comes to something as radically new as DeFi and crypto millionaires!
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