- Feb 17, 2018
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Please state the month/year you interviewed at the firm.
February 2020
Please specify what the interview was for.
Vacation Scheme
Please give an overview of the day with approximate timings.
Group exercise 20 minutes, presentation 5 minutes,
Please provide a summary of each assessment on the day with approximate timings.
Exercise 1:
We were given instructions which asked us to come up with 3 ideas to [redacted]. The instructions weren't specific, so this could be in terms of improving innovation, training, opening offices or anything that you can think of. We came up with 3 ideas:
[redacted]
We knew we had 20 minutes so we planned and spoke for 15 minutes and took 5 minutes to go over our presentation. We made use of the whiteboard to brainstorm our ideas. I took initiative to write on the board etc and to be a note taker.
Group presentation:
After the 20 minutes, the other group walked in as well as Danielle and 3 more Associates and we had to do a group presentation. We only had 5 minutes to present all 3 ideas so we took around 1 and a half minutes each. I Tip: We took my phone and put it on the table to keep track of time.
The other group went first and they came up with ideas which were: 1. [redacted]
This was followed by a Q&A by the Associates. I was challenged on the AI point. An Associate asked me something on the lines of – client's come to us to provide exceptional advice – don't you think automating work defeats the purpose of this? I basically said automating basic work can allow you to focus on the more complex part of the transaction which is where the true value comes in, this allows us to provide even more value for clients. He then went on and said don't you think automating routine work is bad for trainees as then they don't get to practice drafting? And I said they can still practice drafting as they will have to tailor the documents, so I think this only provides for more interesting drafting opportunities. They also challenged the "Relationships Manager" point saying we currently have something similar at MB. And the girl from my team said, yes but we should get Associates involved, not just Senior Associates and Partners. They also challenged the other group on what the purpose of the language training is etc and why open up another office – this takes a very long time and we were looking at ideas we can implement in the next 2 years.
Exercise 2:
We then had to sit the written exercise. It was difficult! It was a long article which was full of information on how taxi drivers are rated and how it's awful and it included scientific research and all kinds of opinions etc.
We had to summarise the article as well as find spelling mistakes.
Exercise 3:
Following a tour of the office, I had my interview with 2 Senior Associates. They were super nice and welcoming. They had a list of questions which they had to ask. Why law/why MB/time you showed initiative/ time you worked under pressure/which practice area of MB are you interested in/they gave me a statement which was on the lines of "London is the financial hub of the world – discuss". And I had to justify it. Then the next question was "What are the 3 financial centres in the world?" I was also asked if I could change one law what would it be and why. I said the sugar tax law and the right to bear arms in the (UK). I think they were just looking for your personality here, but they also wanted you to justify it. My feedback said that my answer required more justification.
Exercise 4:
I then had to go into another room where I had to do a business exercise in which I was given the opportunity to prepare some questions to secure additional information and then recommend a client a fictitious firm should pursue.
You were basically told your client wants to invest in one of these companies – find out more information. There was only company A and company B. One company produced [redacted] and the other produced [redacted] which was sourced ethically. If I could do this exercise again I would start off by asking questions like:
· What is our client's budget?
· What market does our client currently operate in?
· Does our client have specific instructions?
· [make sure you extrapolate all the client info you can!]
· And then ask questions about the companies like – what market do they operate in/ what year were they established in? / their profits/ customers/where they are based/ where are their factories located – will it result in job losses? / costs to produce the goods – profit from each company /is there any litigation or bad press surrounding the client etc.
· We were told that one of the companies was recently mentioned in a newspaper article which portrayed them in a negative way. So, this put me off the company– and I decided to go for the other company purely based on this fact.
· He will ask you which company you have decided on and you'll have to justify why.
· This is a relatively easy exercise and is quite laid back – just enjoy it! Now that I am writing this in hindsight the main thing is to consider finding out what our client wants and just which business fits him best!
Please list any interview questions you were asked.
See above.
What is your best advice for each aspect of the assessment on the day? Please break this down for each assessment. This can include advice for preparation, as well as tips for the day.
Make sure you practice proofreading as everyone finds the written exercise the hardest.
Were you successful?
No
February 2020
Please specify what the interview was for.
Vacation Scheme
Please give an overview of the day with approximate timings.
Group exercise 20 minutes, presentation 5 minutes,
Please provide a summary of each assessment on the day with approximate timings.
Exercise 1:
We were given instructions which asked us to come up with 3 ideas to [redacted]. The instructions weren't specific, so this could be in terms of improving innovation, training, opening offices or anything that you can think of. We came up with 3 ideas:
[redacted]
We knew we had 20 minutes so we planned and spoke for 15 minutes and took 5 minutes to go over our presentation. We made use of the whiteboard to brainstorm our ideas. I took initiative to write on the board etc and to be a note taker.
Group presentation:
After the 20 minutes, the other group walked in as well as Danielle and 3 more Associates and we had to do a group presentation. We only had 5 minutes to present all 3 ideas so we took around 1 and a half minutes each. I Tip: We took my phone and put it on the table to keep track of time.
The other group went first and they came up with ideas which were: 1. [redacted]
This was followed by a Q&A by the Associates. I was challenged on the AI point. An Associate asked me something on the lines of – client's come to us to provide exceptional advice – don't you think automating work defeats the purpose of this? I basically said automating basic work can allow you to focus on the more complex part of the transaction which is where the true value comes in, this allows us to provide even more value for clients. He then went on and said don't you think automating routine work is bad for trainees as then they don't get to practice drafting? And I said they can still practice drafting as they will have to tailor the documents, so I think this only provides for more interesting drafting opportunities. They also challenged the "Relationships Manager" point saying we currently have something similar at MB. And the girl from my team said, yes but we should get Associates involved, not just Senior Associates and Partners. They also challenged the other group on what the purpose of the language training is etc and why open up another office – this takes a very long time and we were looking at ideas we can implement in the next 2 years.
Exercise 2:
We then had to sit the written exercise. It was difficult! It was a long article which was full of information on how taxi drivers are rated and how it's awful and it included scientific research and all kinds of opinions etc.
We had to summarise the article as well as find spelling mistakes.
Exercise 3:
Following a tour of the office, I had my interview with 2 Senior Associates. They were super nice and welcoming. They had a list of questions which they had to ask. Why law/why MB/time you showed initiative/ time you worked under pressure/which practice area of MB are you interested in/they gave me a statement which was on the lines of "London is the financial hub of the world – discuss". And I had to justify it. Then the next question was "What are the 3 financial centres in the world?" I was also asked if I could change one law what would it be and why. I said the sugar tax law and the right to bear arms in the (UK). I think they were just looking for your personality here, but they also wanted you to justify it. My feedback said that my answer required more justification.
Exercise 4:
I then had to go into another room where I had to do a business exercise in which I was given the opportunity to prepare some questions to secure additional information and then recommend a client a fictitious firm should pursue.
You were basically told your client wants to invest in one of these companies – find out more information. There was only company A and company B. One company produced [redacted] and the other produced [redacted] which was sourced ethically. If I could do this exercise again I would start off by asking questions like:
· What is our client's budget?
· What market does our client currently operate in?
· Does our client have specific instructions?
· [make sure you extrapolate all the client info you can!]
· And then ask questions about the companies like – what market do they operate in/ what year were they established in? / their profits/ customers/where they are based/ where are their factories located – will it result in job losses? / costs to produce the goods – profit from each company /is there any litigation or bad press surrounding the client etc.
· We were told that one of the companies was recently mentioned in a newspaper article which portrayed them in a negative way. So, this put me off the company– and I decided to go for the other company purely based on this fact.
· He will ask you which company you have decided on and you'll have to justify why.
· This is a relatively easy exercise and is quite laid back – just enjoy it! Now that I am writing this in hindsight the main thing is to consider finding out what our client wants and just which business fits him best!
Please list any interview questions you were asked.
See above.
What is your best advice for each aspect of the assessment on the day? Please break this down for each assessment. This can include advice for preparation, as well as tips for the day.
Make sure you practice proofreading as everyone finds the written exercise the hardest.
Were you successful?
No