Lewis Silkin question wording help

[Jmoney3010]

Any help appreciated from people doing/not doing LS applications.

How does the change of government create opportunities for Lewis Silkin as a law firm?

The question sounds like it wants me to speak broadly of what the change of government would bring.
I would pick out a specific change, say, increased taxation and then speak about what policies they have implemented and what work that creates in the firm in relation to its sectors. Does this sound wise? or would a broader approach be needed?

 

[Ram Sabaratnam]

Hi @Jmoney3010


You’re definitely on the right track here. Depending on the word count, you could definitely focus on 2-3 changes in the current tax regime that would impact some of Lewis Silkin’s key practice areas. You might also consider the knock-on effects these changes would have in areas like immigration (an area where Lewis Silkin has significant expertise), especially given how new rules around capital gains and carried interest could intersect with the decisions of founders or investors to move their businesses elsewhere.

I've also noticed that many applicants are now referencing the recent budget and tax changes in more commercial related application questions. To help your answer stand out, you could consider other developments affecting Lewis Silkin’s core areas. For instance, you might have come across the Government's new plans to reform employment rights which are likely to have a considerable impact on businesses across the country. The new government has also unveiled some quite interesting AI plans that will offer interesting opportunities to law firms and their clients. But again if you'd like to focus solely on 2-3 changes in the tax system, and think you can speak about those in a way that really allows you to stand out, that's also completely fine

Best of luck with the application!

 

[Jmoney3010]

Hi @Jmoney3010


You’re definitely on the right track here. Depending on the word count, you could definitely focus on 2-3 changes in the current tax regime that would impact some of Lewis Silkin’s key practice areas. You might also consider the knock-on effects these changes would have in areas like immigration (an area where Lewis Silkin has significant expertise), especially given how new rules around capital gains and carried interest could intersect with the decisions of founders or investors to move their businesses elsewhere.

I've also noticed that many applicants are now referencing the recent budget and tax changes in more commercial related application questions. To help your answer stand out, you could consider other developments affecting Lewis Silkin’s core areas. For instance, you might have come across the Government's new plans to reform employment rights which are likely to have a considerable impact on businesses across the country. The new government has also unveiled some quite interesting AI plans that will offer interesting opportunities to law firms and their clients. But again if you'd like to focus solely on 2-3 changes in the tax system, and think you can speak about those in a way that really allows you to stand out, that's also completely fine

Best of luck with the application!

Thank you for the detailed reply Ram! I'm 100% considering the budget in this answer. My plan is to highlight what sort of work will be demanded from the budget, and then attempt to link it into wider changes they could also take advantage of. A rough idea is currently " National insurance increase-> impacts sectors prone to varied contract types-> link to employment rights bill-> what LS can offer to re-evaluate employment structure'

 

[bangarangbass39]

I applied a little while ago. For this, I focused on the football governance bill and how this could enable the firm to increase it's services to clients and collaborate with other practices such as disputes and corporate governance to lead amongst firms in the sports sector.

I choose this for two reasons. Firstly, I'm part of a mentoring scheme with a sports law firm so have discussed about this in depth. Secondly, I discussed a football topic in the previous question about which client I would like to work with. Though I wouldn't advise focusing on sector/topic, for me it personally made sense considering the firms expertise and my interests. I also feel confident that only a handful of people would have talked about this - maybe a bit to confidently!