TCLA Direct Training Contract Applications Discussion Thread 2022-23

[Ghassen]

Hi,

This thread might be helpful, it clarifies which firms hire from Direct TC applications! https://www.thecorporatelawacademy....eme-vs-direct-tc-applications-2022-2023.6136/

From your list, firms such as Ashurst, Dentons, Freshfields, NRF, White & Case, Travers Smith hire considerably from the Direct TC process, so are worth focusing on. Avoid firms with smaller trainee intakes (like Kirkland, Weil etc) for the Direct TC process. When firms have smaller intakes, they usually prefer hiring from the VS process instead.

Thanks for sharing. That's helpful.

 

[prospectiveswitcher]

Hi all,
It looks like Hogan Lovells are reopening TC applications from June - July this year. Does anyone know if this is for a different year? They were also open at the start of this year. Is it worth reapplying if rejected this cycle?

 

[CallumJR]

Hello @SamanthaBracey

I was wondering whether it is possible to apply twice in the same recruitment cycle to TLT. If you applied for the VS, can you re-apply for the TC in the same year?

Thank you very much

 

[M0M007]

Hi all,
It looks like Hogan Lovells are reopening TC applications from June - July this year. Does anyone know if this is for a different year? They were also open at the start of this year. Is it worth reapplying if rejected this cycle?

Would like to know the same

 

[kaykay]

Has anyone heard back from Shoosmiths direct TC application?

 

[academicweapon121]

Has anyone heard back from Shoosmiths direct TC application?

Wont be until end of May at earliest

 

[Polaranu]

has anybody heard back from curtis yet? fully being ghosted at this point

Any news from anyone yet?

 

[Denver]

@Jessica Booker I read an article a couple of months ago about partnership structures. The article essentially criticised firms like Kirkland for promoting their lawyers to non-equity partners so fast that when these partners left the firm, they struggled to find a similar role at a different firm and most left the profession altogether (they gathered their data from LinkedIn so it's not perfect ). Is this applicable to all US firms?

 

[Jessica Booker]

@Jessica Booker I read an article a couple of months ago about partnership structures. The article essentially criticised firms like Kirkland for promoting their lawyers to non-equity partners so fast that when these partners left the firm, they struggled to find a similar role at a different firm and most left the profession altogether (they gathered their data from LinkedIn so it's not perfect ). Is this applicable to all US firms?

Unfortunately I am not knowledge about this topic so cannot help/advise.

 

[TCCG2023]

Hi - has anyone done case study written exercise with Ashurst? I haven't found much information about it and it's my first AC so super nervous. Please DM me and thanks in advance!!

 

[Noodles]

Hi - has anyone done case study written exercise with Ashurst? I haven't found much information about it and it's my first AC so super nervous. Please DM me and thanks in advance!!

Hi, congratulations! When did you hear?

 

[jomar]

Hi - has anyone done case study written exercise with Ashurst? I haven't found much information about it and it's my first AC so super nervous. Please DM me and thanks in advance!!

Congrats! When did you get the email?

 

[Aliceczernia]

Hi - has anyone done case study written exercise with Ashurst? I haven't found much information about it and it's my first AC so super nervous. Please DM me and thanks in advance!!

Replying to follow, as I am in the same boat!

 

[Ghassen]

Replying to follow, as I am in the same boat!

When did you hear about the AC please ?

 

[Aliceczernia]

When did you hear about the AC please ?

Around 4pm today!

 

[Ghassen]

Around 4pm today!

Thanks, and congrats for your AC.

 

[IT7]

Replying to follow, as I am in the same boat!

Feel free to DM if you want an overview of the Ashurst AC. I did the VS AC last year, which is slightly different, but might still be able to help.

 

[Denver]

Kirkland instituted NEP route because people were complaining about career progression and leaving for partnership at other firms but most of those who made the "automatic" partnership got there from billing not having a book - they are not profitable to give equity at other V10 firms or Kirkland. IDK about them leaving the profession though but it would be a corollary.

Every top US firm is going to heavily guard equity and even DPW just moved away from lockstep a couple years back. But yes, other US firms have NEP roles just like most firms because "progression". From the outside it is often hard to tell who has equity too. I think Kirkland is somewhat exceptional in that they give out partner at 7PQE is it?

Yeah I agree you can work there and never have a book. But what stood out to me is that the NEP is offered so early that most other firms won’t take them as partners but only as associates (which is obvs a career downgrade). It just made me question the market value of NEPs at K&E vs other firms NEPs. I’ll share the article if I can find it

 

[M0M007]

Hi - has anyone done case study written exercise with Ashurst? I haven't found much information about it and it's my first AC so super nervous. Please DM me and thanks in advance!!

Hey congrats! when is the AC btw?

 

[TCCG2023]

Hi, congratulations! When did you hear?

Thanks! I got the email 4:15pm today