TCLA Direct Training Contract Applications Discussion Thread 2022-23

Status
Not open for further replies.

the english lawyer

Active Member
Aug 22, 2022
18
58
  • Like
  • 🤝
Reactions: Aga123+ and born&raised

samni

Valued Member
Junior Lawyer
Sep 2, 2020
111
128
Hi guys, what do we think are the generally relevant 'broad brush' commercial issues right now? I'm thinking oil and gas/energy prices, inflation/consumer appetite, economic downturn (e.g. production in China), tech stocks coming down.

This is all I can think of at the moment - is there anything else that people think is a 'everyone should know topic', e.g. like collapse of the high street and Brexit, COVID etc were? Avoiding war because I don't think it's something that would be mentioned in interview...

Hopefully this can be helpful for all of us preparing for ACs!
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,553
20,232
Hi guys, what do we think are the generally relevant 'broad brush' commercial issues right now? I'm thinking oil and gas/energy prices, inflation/consumer appetite, economic downturn (e.g. production in China), tech stocks coming down.

This is all I can think of at the moment - is there anything else that people think is a 'everyone should know topic', e.g. like collapse of the high street and Brexit, COVID etc were? Avoiding war because I don't think it's something that would be mentioned in interview...

Hopefully this can be helpful for all of us preparing for ACs!
If you are applying to firms who focus on corporate/finance, then also consider ESG (including the growing measurement and transparency of it) and also how technology is impacting the financial sector - for instance cryptocurrencies and the like.

Regulation and it’s trends is also something to be aware of, especially with the new Tory cabinet really emphasising how they will deregulate a lot of things to make it easier to do business.
 

samni

Valued Member
Junior Lawyer
Sep 2, 2020
111
128
If you are applying to firms who focus on corporate/finance, then also consider ESG (including the growing measurement and transparency of it) and also how technology is impacting the financial sector - for instance cryptocurrencies and the like.

Regulation and it’s trends is also something to be aware of, especially with the new Tory cabinet really emphasising how they will deregulate a lot of things to make it easier to do business.
Ah I didn't think of regulation at all - thank you, Jessica! Prepping for a written exercise so want to have all the big topics for clients/firms down for the day
 

sxw517

Legendary Member
Gold Member
Premium Member
  • Sep 20, 2021
    646
    618
    Hi guys, what do we think are the generally relevant 'broad brush' commercial issues right now? I'm thinking oil and gas/energy prices, inflation/consumer appetite, economic downturn (e.g. production in China), tech stocks coming down.

    This is all I can think of at the moment - is there anything else that people think is a 'everyone should know topic', e.g. like collapse of the high street and Brexit, COVID etc were? Avoiding war because I don't think it's something that would be mentioned in interview...

    Hopefully this can be helpful for all of us preparing for ACs!
    Myanmar was bought up in my most recent interview... Don't ask, stumped me a bit.

    But I suppose just read the headlines of a broadsheet paper and analyse how it could have ramifications for a law firm and the business they conduct..

    The sharp decline of the pound and the resultant effect this would have upon imports/exports, something I saw in the FT recently.
     

    samni

    Valued Member
    Junior Lawyer
    Sep 2, 2020
    111
    128
    Myanmar was bought up in my most recent interview... Don't ask, stumped me a bit.

    But I suppose just read the headlines of a broadsheet paper and analyse how it could have ramifications for a law firm and the business they conduct..

    The sharp decline of the pound and the resultant effect this would have upon imports/exports, something I saw in the FT recently.
    Oh wow, guess I'll be prepping conflict issues too haha

    Thanks re the currency, that's a good one!
     
    • Like
    Reactions: sxw517

    ellwilsen

    Legendary Member
    Premium Member
    Oct 27, 2020
    155
    363
    Day 30 without a response from Trowers, I may pack up and move into the lobby of their office 😅
    High School Musical Dancing GIF by HannahWitton
     
    Status
    Not open for further replies.

    About Us

    The Corporate Law Academy (TCLA) was founded in 2018 because we wanted to improve the legal journey. We wanted more transparency and better training. We wanted to form a community of aspiring lawyers who care about becoming the best version of themselves.

    Newsletter

    Discover the most relevant business news, access our law firm analysis, and receive our best advice for aspiring lawyers.