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Aspiring Lawyers - Applications & General Advice
Applications Discussion
Discussing a business deal in an application
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<blockquote data-quote="Jake Rickman" data-source="post: 145606" data-attributes="member: 8521"><p>Hi Yusuf,</p><p></p><p>I would struggle myself to directly link an ongoing or recent deal to a firm that was not directly advising one of the parties or financial advisers. Unless it was a particularly market-changing deal (the Microsoft-Activision one is the only one I can think of off the top of my head right now that might fit the bill).</p><p></p><p>In a perfect world, you would know what the deals your target firms is advising or has recently advised on. In answering the question on how it impacts the client, I would focus strictly on what the key commercial drivers of the deal were. That is, how does the deal maximise the client's interests. This would require a fairly high level of familiarity with how the deal is structured, what the commercial context of the deal was, etc., but if you understand the deal well, you would really shine as an applicant. To this end, I cannot recommend strongly enough going straight to the primary sources, which are publicly available for any deal involving a public company: <a href="https://investors.vodafone.com/reports-information/results-reports-presentations" target="_blank">go to the company's investor relations website.</a></p><p></p><p>As to how it impacts the law firm, this is a pretty hard question to answer because in truth the answer is: "The law firm got paid." You might stretch this answer by pointing to how it further's the relationship between the client and the firm, and continues to shore up the firm's reputation in the market. But it does feel a little derivative.</p><p></p><p>That's why, if it were me, I would focus on the key commercial drivers of the deal as much as possible.</p><p></p><p>When it comes to finding what deals the client has recently advised on, this information may be published on the firm's website under the relevant practice group. Ideally, you would speak about a deal that the London team was involved in. <a href="https://www.slaughterandmay.com/recent-work/vodafone-on-its-merger-with-three/" target="_blank">See Slaughter and May's role on the Vodafone/3UK merger.</a> You would then study the<a href="https://investors.vodafone.com/reports-information/results-reports-presentations" target="_blank"> deal documents</a> yourself as much as possible.</p><p></p><p>Some firms are less forthcoming about what deals they work on. Though I would be surprised if such firms would expect you to find a deal that they worked on if the information is not publicly available.</p></blockquote><p></p>
[QUOTE="Jake Rickman, post: 145606, member: 8521"] Hi Yusuf, I would struggle myself to directly link an ongoing or recent deal to a firm that was not directly advising one of the parties or financial advisers. Unless it was a particularly market-changing deal (the Microsoft-Activision one is the only one I can think of off the top of my head right now that might fit the bill). In a perfect world, you would know what the deals your target firms is advising or has recently advised on. In answering the question on how it impacts the client, I would focus strictly on what the key commercial drivers of the deal were. That is, how does the deal maximise the client's interests. This would require a fairly high level of familiarity with how the deal is structured, what the commercial context of the deal was, etc., but if you understand the deal well, you would really shine as an applicant. To this end, I cannot recommend strongly enough going straight to the primary sources, which are publicly available for any deal involving a public company: [URL='https://investors.vodafone.com/reports-information/results-reports-presentations']go to the company's investor relations website.[/URL] As to how it impacts the law firm, this is a pretty hard question to answer because in truth the answer is: "The law firm got paid." You might stretch this answer by pointing to how it further's the relationship between the client and the firm, and continues to shore up the firm's reputation in the market. But it does feel a little derivative. That's why, if it were me, I would focus on the key commercial drivers of the deal as much as possible. When it comes to finding what deals the client has recently advised on, this information may be published on the firm's website under the relevant practice group. Ideally, you would speak about a deal that the London team was involved in. [URL='https://www.slaughterandmay.com/recent-work/vodafone-on-its-merger-with-three/']See Slaughter and May's role on the Vodafone/3UK merger.[/URL] You would then study the[URL='https://investors.vodafone.com/reports-information/results-reports-presentations'] deal documents[/URL] yourself as much as possible. Some firms are less forthcoming about what deals they work on. Though I would be surprised if such firms would expect you to find a deal that they worked on if the information is not publicly available. [/QUOTE]
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