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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="Fuelled By Caffeine" data-source="post: 145915" data-attributes="member: 8936"><p>This is something that I have also been thinking about as I draft answers to TC/VS applications. This is the formula that I have generally tried to apply. </p><p></p><p>I think it is worth splitting this up into two different categories of questions: 1) Why this firm, 2) Commercial awareness questions. </p><p></p><p>If you are responding to a question that is asking you to justify why you are applying to a given firm, then I think you really need to mention a deal that the firm has worked on. In this scenario, I really try and work out two things. Firstly, why am I interested in the deal (this generally capture the broad commercial dimensions of the deal: e.g. broad commercial trends, interest in a particular market, risks/opportunities that the deal poses etc.). Then I think about what work a solicitor would have undertaken on this deal: what documents would they have drafted? At what points would their advice be most useful to a client? Which bits of the law would this deal have touched on?</p><p></p><p>If you are answering a general commercial awareness question, then I think you can talk about a general recent deal; however, I would make sure that the deal is large enough to be impactful and still relevant to the law firm you are applying to. In doing this, you illustrate to the firm that you understand what they are about. I would then try and answer the same two questions as above. But then, I would go further and relate your conclusions to the firm and its clients. To take the temple given by Jake, if you explain why the Microsoft-Activision deal interests you and explain the role of the lawyer in this deal, you would then want to illustrate that you know how this deal impacts the tech/gaming/antitrust spaces and how this might alter the way that the firm in question advises their clients.</p></blockquote><p></p>
[QUOTE="Fuelled By Caffeine, post: 145915, member: 8936"] This is something that I have also been thinking about as I draft answers to TC/VS applications. This is the formula that I have generally tried to apply. I think it is worth splitting this up into two different categories of questions: 1) Why this firm, 2) Commercial awareness questions. If you are responding to a question that is asking you to justify why you are applying to a given firm, then I think you really need to mention a deal that the firm has worked on. In this scenario, I really try and work out two things. Firstly, why am I interested in the deal (this generally capture the broad commercial dimensions of the deal: e.g. broad commercial trends, interest in a particular market, risks/opportunities that the deal poses etc.). Then I think about what work a solicitor would have undertaken on this deal: what documents would they have drafted? At what points would their advice be most useful to a client? Which bits of the law would this deal have touched on? If you are answering a general commercial awareness question, then I think you can talk about a general recent deal; however, I would make sure that the deal is large enough to be impactful and still relevant to the law firm you are applying to. In doing this, you illustrate to the firm that you understand what they are about. I would then try and answer the same two questions as above. But then, I would go further and relate your conclusions to the firm and its clients. To take the temple given by Jake, if you explain why the Microsoft-Activision deal interests you and explain the role of the lawyer in this deal, you would then want to illustrate that you know how this deal impacts the tech/gaming/antitrust spaces and how this might alter the way that the firm in question advises their clients. [/QUOTE]
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