Application question: Main Challenges Facing Firm

[Lawbour]

Hi guys, I was wondering if anyone could help me out with this, I've hit a bit of a mind block with it.

I'm currently in the process of making an application to a sector focused firm, one of their questions is along the lines of 'what are the challenges facing this firm' - i'm not entirely sure how I should answer this without it sounding generic. I was thinking along the lines of the saturated legal market and how clients are increasingly wanting high level work for lower prices.

could someone help me out with this

 

[AJ]

Sounds like you’re along the right lines. Perhaps tailor the answer to their sectors or client base. Or pick a couple of sectors and identify key issues for these

 

[Jaysen]

Hi guys, I was wondering if anyone could help me out with this, I've hit a bit of a mind block with it.

I'm currently in the process of making an application to a sector focused firm, one of their questions is along the lines of 'what are the challenges facing this firm' - i'm not entirely sure how I should answer this without it sounding generic. I was thinking along the lines of the saturated legal market and how clients are increasingly wanting high level work for lower prices.

could someone help me out with this

It sounds like you've identified good challenges. Now, try to focus on how these challenges apply to the firm. You can use your knowledge of the firm to tailor these points e.g. Who are its clients? Is the firm already trying to add value to clients despite the saturated legal market? Does it offshore work? Does it use technology? What are its rivals doing?

 

[Lawbour]

Sounds like you’re along the right lines. Perhaps tailor the answer to their sectors or client base. Or pick a couple of sectors and identify key issues for these

It sounds like you've identified good challenges. Now, try to focus on how these challenges apply to the firm. You can use your knowledge of the firm to tailor these points e.g. Who are its clients? Is the firm already trying to add value to clients despite the saturated legal market? Does it offshore work? Does it use technology? What are its rivals doing?

Thank you guys so much, that helps a lot!! I think because I've been staring at the question for so long my brain isn't functioning rationally
Also, I did not realise it was Christmas today haha (I don't celebrate it), so Merry Christmas to you both!