TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

Status
Not open for further replies.

Goose

Standard Member
May 12, 2022
5
1
when you're supposed to fill out vac scheme documents to send back, how do people usually go about sending them? Mail them physically, take a picture of the signed documents, use a scanner?
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,669
20,362
when you're supposed to fill out vac scheme documents to send back, how do people usually go about sending them? Mail them physically, take a picture of the signed documents, use a scanner?
Usually scanned these days. The firm will inform you if they need to see any documents in person (like your passport).
 

Miki3999

Legendary Member
Premium Member
  • Jun 2, 2019
    233
    586
    Hi guys, i have a banking paralegal interview with Dentons, specifically within derivatives. If anyone has any insight into the world of derivatives, the types of work trainees within this practice area would do, or any general insights, this would be really appreciated!!
    Wouldn't this involve corporate finance and possibly debt shifting (as companies often rely on the bias towards debt in the majority of tax systems as well as on interest deductibility in order to minimise their income liabilities, i.e. payments on interest can be deducted from taxable profits while payments on equity, such as dividends, cannot, and companies often rely on debt financing for tax purposes. Likewise, derivatives are used by corporations for financing/tax planning strategies: there are certain derivatives, such as warrants or subordinated debt, that have the characteristics of both debt and equity and therefore tax systems do not really know how to tax them (tax systems have certain prescribed "cubbyholes" into which intruments would typically fall, but this is not usually the case when it comes to certain derivatives, as they blur the traditional legal distinctions on which tax systems rely). Moreover, derivatives can mimic the economic substance of other underlying financial assets (they can "convert" debt into equity and vice versa), again for tax planning purposes. I don't know what trainees in banking would specifically do, but it might be related to the above.
     

    Adrian_S

    Legendary Member
    Gold Member
    Premium Member
    M&A Bootcamp
    Jan 13, 2021
    436
    2,632
    Has anyone heard back from Dentons after telephone interview? Just wondering how long they usually take to get back to people - my interviewer had been quite vague about when they’d get back so thought I’d ask here
     

    shennind

    Standard Member
    Feb 12, 2022
    5
    9
    Hi all, Just wanted to know if anyone has done the CRS vacation scheme recently. I would be so grateful for a rundown on what the scheme entails and involves and how they found it personally? I'm doing mine in June and am nervous as it is my first vac scheme. Any advice and help related to CRS will be greatly appreciated!
     
    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.