HSF Assessment Centre

Tony

New Member
Nov 3, 2019
2
6
Hi all!

I received an invite to HSF’s assessment centre for their Spring Vacation Scheme. I’ve been told there will be two scenario based interviews, as well as a competency interview.

Does anyone have any advice for the scenario based interview specifically? Or could point me in the direction of some useful resources to prepare for it?

Any advice would be very much appreciated! Thanks!
 

Naomi U

Legendary Member
Future Trainee
Forum Team
Dec 8, 2019
221
367
Hi all!

I received an invite to HSF’s assessment centre for their Spring Vacation Scheme. I’ve been told there will be two scenario based interviews, as well as a competency interview.

Does anyone have any advice for the scenario based interview specifically? Or could point me in the direction of some useful resources to prepare for it?

Any advice would be very much appreciated! Thanks!

Hi @Tony

Hope you are well.

Congratulations on your recent interview offer!

To prepare for case study based scenario interviews I would suggest becoming familiar with legal terms relevant to M&A transactions as this is the basis of most case studies. A good place to start is to consider:

1. What is a Sales Purchase Agreement (SPA)?

2. What is the difference between a Share v Asset Purchase and the advantages and disadvantages of either?

3. What are the different ways to finance an acquisition e.g. via equity or debt?

4. What are some ways to absolve liability in a contract e.g. the use of conditions, warranties, and indemnities

5. What are some key due diligence issues e.g. outstanding liabilities, employment & staffing concerns, IP concerns (e.g. licensing agreements), the existence of clauses such as change of control clauses, competition and tax concerns etc.

These are just some useful ideas to get you thinking, but I have linked below one of our extremely helpful guides which should provide greater insight!
Also feel free to check out some of our M&A courses, which go into even greater depth.


As for personalised scenario-based interviews, this is slightly harder to prepare for, in the sense that the content of your interview will be heavily dependent on the member of grad recruitment, partner or associate conducting this.

Therefore, my advice for this section is to be logical with your reasoning. You are not expected to know the exact answer, but I believe that this section tests your ability to think on your feet and show logical reasoning. Feel free to ask your interviewer to clarify points you may not understand and offer your answers with an explanation. For example, if you are unsure you could begin your answer as such; " With regard to X information or in X circumstance perhaps...."


I hope this provides some clarity, but please feel free to ask any more questions you may have!
Best of luck!

https://www.thecorporatelawacademy.com/mergers-and-acquisitions-case-study/

https://classes.thecorporatelawacad...ourse-2-mergers-and-acquisitions-case-studies
 
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Tony

New Member
Nov 3, 2019
2
6
Hi @Tony

Hope you are well.

Congratulations on your recent interview offer!
Edited

Hi @Naomi U

Thank you so much for such a detailed response!

Thankfully it seems I'm on the right track as I've already made some notes from the various M&A resources available on TCLA you suggested!

There seems to be a consensus that the scenario based interview is notoriously hard to prepare for as, like you said, it is very much down to the partner or associate interviewing. Would you suggest any type of general considerations to be thinking about throughout this interview that could broadly apply to any scenario?

Thanks again!
 

Naomi U

Legendary Member
Future Trainee
Forum Team
Dec 8, 2019
221
367
Hi @Naomi U

Thank you so much for such a detailed response!

Thankfully it seems I'm on the right track as I've already made some notes from the various M&A resources available on TCLA you suggested!

There seems to be a consensus that the scenario based interview is notoriously hard to prepare for as, like you said, it is very much down to the partner or associate interviewing. Would you suggest any type of general considerations to be thinking about throughout this interview that could broadly apply to any scenario?

Thanks again!

Hi @Tony

No problem at all! Great to see you are on the right track!

From my personal experience I think my general tips would be:

Prior to the interview
- Try to gain a good understanding of the key roles and responsibilities of solicitors in each practice area e.g. the work they are likely to do and the clients they are likely to work for. This will give you a foundational understanding of the context the scenario is set in which will be key to helping you to gauge your answer

- From a commercial awareness perspective, beware that m&a type stories may not fit in neatly with the scenario you are given. Therefore, in addition to following such deals, also keep an eye on the wider news and be open-minded to the issues that may be operating in your scenario. Again, this will help give context to the questions as well as your responses.

- It might also be useful to have a look at the Code of Conduct for Solicitors. I've attached the link below.
Of course, you are not expected to know this in any degree of depth however, from experience I think it is quite helpful in scenario-based interviews to gain some insight into the remit between appropriate and seemingly helpful but inappropriate behaviour.

During the interview
- Be confident. It can be very daunting when you are asked questions you did not anticipate but I think it's very important that you try to remain calm. There is absolutely nothing wrong with asking the interviewer to repeat the question or asking for a second to consider your answer. This is much preferred than rushing into a response that you later try to backtrack.

- Try to structure your answers to present your chain of reasoning- this can be done using the example I included in my earlier post by saying; " In the present case under X circumstances, I believe this may be the best choice of action because .. "

- Be open minded. Your interviewer may try to push you in an alternative direction to your initial response. Do not be afraid to be open to changing or modifying your answer. Again, this can be done using the phrase above. Similarly, if you want to defend a point, don't be afraid to do so, but ensure you acknowledge their input and how it could apply.

With this in mind like you said it is notoriously hard to prepare. So my biggest take way is to prepare as much as you can and remember to be confident and in control in the interview!.


Best of luck!

The link to the Solicitors Code of Conduct:

https://www.sra.org.uk/solicitors/standards-regulations/code-conduct-solicitors/
 
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