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Message: <blockquote data-quote="Zoo" data-source="post: 33021" data-attributes="member: 2053">I was also a non-law student and when I was trying to place commercial issues in a legal context I thought about how the info I had learnt from the commercial awareness books (Schogger/ Stoakes, etc) related to the articles I read. For example, I would ask myself questions such as: what practice areas would be involved?/ Are there regulations that clients would need advice on?/ Does this bring to light M&A opportunities (or challenges) for clients? Etc...If we look at the Financial Times’ article about Microsoft’s proposed acquisition of TikTok (<a href="https://www.ft.com/content/93aec618-8bb8-4997-9ed8-89c69e62d5b5" target="_blank">https://www.ft.com/content/93aec618-8bb8-4997-9ed8-89c69e62d5b5</a>) we can do some initial analysis:- It will be increasingly difficult for Chinese companies to buy-up US tech companies (further symptom of US-China tensions).- Growing role of politics in business strategy as some execs at ByteDance believe Trump threatening to ban TikTok is a ploy to enable Microsoft to buy the US arm of TikTok at a lower price. Shows that when law firms are advising clients they need to be very aware of the political environment.- Growing scrutiny amongst governments and the public about how their data is being used. Clients will need advice on data regulations (e.g. GDPR) compliance, cybersecurity, etc...- If the deal goes through, Microsoft would be able to enter the social media market and compete against Facebook and Google. This shows M&A being used to diversify a business and compete against rivals.- Other US investors are looking at buying up minority stakes= law firm banking/ funding teams would be involved.(Also look up any words or organisations that you are unfamiliar with e.g. I looked up the Committee of Foreign Investment in the US (Cfius))This is a very rudimentary/ quick analysis and I’m sure you would be able to go into far more detail but ultimately putting commercial awareness into a legal context is about understanding the impact of news stories on law firms and their clients. It’s about asking questions and probing further into what you read using the knowledge that you have gained from the commercial awareness books as a basis.I hope that helps a bit!</blockquote>

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