TCLA Vacation Scheme Applications Discussion Thread 2022-23

[Jessica Booker]

No, not necessarily about the chances - but if they recruit around 50/50, I would rather be rejected at AC for direct route than spend 2 weeks with the firm in the summer and be rejected after that (I work full time and have done schemes before - so not really bothered about scheme experience and am being careful about the time I put in vs the return, especially considering that I would have to take annual leave for the scheme if successful).

You could ask to be transferred to a direct TC, but they may just advise you to reapply.

 

[157gg]

VI for CRS (Direct London) - would appreciate any advice if anyone has done it? Thanks!

 

[adamBS]

45p tax threshold being reduced from 150k to 125k in april! Good luck to all NQs with those student loans!

Haha feel like they may just about be OK somehow

 

[lenalong02]

has anyone still not heard from CRS spring? I’m assuming it’s a PFO but it’s just feeling like I’ve been ghosted by them when I’ve heard nothing and it’s so soon lol

 

[alexchristos]

Does anyone know if Travers have sent out all their interview invites? Beginning to assume PFO 😕

 

[User260802]

Congratulations! Can I ask which office this is for please?

Leeds

 

[CorpLawyer00]

The behavioral test is new this year and they are using it alongside the WG as an experiment to see if it is a useful recruiting tool for them. You will be progressed to the next stage if you score highly in the WG, the Arctic Shores behavioural assessment, or both, so don't worry about it.

sweet. Thanks for this information !

 

[Phoebe123451]

Congrats! Can I ask when you applied for direct TC at CRS as I am also waiting on a reply?

Hey thank you!! I applied deadline day - 31st! Fingers crossed for us both!!

 

[Ali A]

Just tagging @Jessica Booker, in case she has some insight into this regarding an application.

Does anyone know if it's 'Family Law' or 'family law' when you mention a module on an application? Also, does this change or stay the same if it's a practice area that you are talking about?

 

[Petallove1]

has anyone still not heard from CRS spring? I’m assuming it’s a PFO but it’s just feeling like I’ve been ghosted by them when I’ve heard nothing and it’s so soon lol

I haven't heard anything from them either! I've been thinking the same as I've seen others have VI invites but a lot of them have been direct applications so wasn't too sure

 

[Denver]

financially, yeah. Mentally idk? Imagine working 14 hour days after grinding your whole education and losing 50 p of ur salary

From what I know it's 50% for the highest tax bracket not the overall salary.. (i.e. anything above 125k is taxed 50%)

 

[Jessica Booker]

Just tagging @Jessica Booker, in case she has some insight into this regarding an application.

Does anyone know if it's 'Family Law' or 'family law' when you mention a module on an application? Also, does this change or stay the same if it's a practice area that you are talking about?

It depends on the context and can also depend on individual organisation’s house styles.

Generally though, if you are naming the module or department as a title, then it will be capitalised, but if you are talking about it as a topic it won’t.

For instance:

James works in family law. ✅
James works in the Family Law department ✅
Sally enjoyed studying family law ✅
Sally received a first-class mark in her Family Law module ✅

When reviewing applications, I often Google the firm’s name and the department title and see how it is written on their website in the main body of text (eg not in job titles/headings) to understand how they particularly like to write it. However, this is extremely particular. I don’t think you’d be marked down in an application for incorrect capitalisation/non-capitalisation.

 

[CorpLawyer00]

From what I know it's 50% for the highest tax bracket not the overall salary.. (i.e. anything above 125k is taxed 50%)

yes you are right but NI + student loan is brutal and results in a high asf effective tax rate. see here - https://www.thesalarycalculator.co.uk/salary.php a takehome from 160k + student loan is 83K in 2023.

The change in brackets due to occur in April just makes it even more 21 savage.

Obviously this is still really good money but factor in rent + commuting costs + pension and kirkland NQs are not as rich as it would initially seem.

 

[Jessica Booker]

yes you are right but NI + student loan is brutal and results in a high asf effective tax rate. see here - https://www.thesalarycalculator.co.uk/salary.php a takehome from 160k + student loan is 83K in 2023.

The change in brackets due to occur in April just makes it even more 21 savage.

Obviously this is still really good money but factor in rent + commuting costs and kirkland NQs are not as rich as it would initially seem.

What I wouldn’t do for an after tax salary of £83k ! How the other half live!

 

[CorpLawyer00]

What I wouldn’t do for an after tax salary of £83k ! How the other half live!

ahahahhahahha obviously this is still insane for someone in their 20s but I think how much you actually end up with compared to the advertised "NQ salary" is crazy

 

[Ali A]

It depends on the context and can also depend on individual organisation’s house styles.

Generally though, if you are naming the module or department as a title, then it will be capitalised, but if you are talking about it as a topic it won’t.

For instance:

James works in family law. ✅
James works in the Family Law department ✅
Sally enjoyed studying family law ✅
Sally received a first-class mark in her Family Law module ✅

When reviewing applications, I often Google the firm’s name and the department title and see how it is written on their website in the main body of text (eg not in job titles/headings) to understand how they particularly like to write it. However, this is extremely particular. I don’t think you’d be marked down in an application for incorrect capitalisation/non-capitalisation.

Thanks!

 

[Jessica Booker]

ahahahhahahha obviously this is still insane for someone in their 20s but I think how much you actually end up with compared to the advertised "NQ salary" is crazy

It’s insane for anyone at any time of life.

Being in the top 1% of earner is an exceptionally privileged position.

 

[mmm918]

CRS VI invite! Any tips for it? This is my first VI, so any advice is highly appreciated! Thanks!

 

[sxw517]

ahahahhahahha obviously this is still insane for someone in their 20s but I think how much you actually end up with compared to the advertised "NQ salary" is crazy

You need to think about the bottom line really. Most companies calculate their salary based on the take home pay employees will be earning. So if this fiscal tweak is seen as that much of a sting, across those that are earning top salaries, companies (across sectors) may just increase salaries in light of the change.

 

[Ali A]

It depends on the context and can also depend on individual organisation’s house styles.

Generally though, if you are naming the module or department as a title, then it will be capitalised, but if you are talking about it as a topic it won’t.

For instance:

James works in family law. ✅
James works in the Family Law department ✅
Sally enjoyed studying family law ✅
Sally received a first-class mark in her Family Law module ✅

When reviewing applications, I often Google the firm’s name and the department title and see how it is written on their website in the main body of text (eg not in job titles/headings) to understand how they particularly like to write it. However, this is extremely particular. I don’t think you’d be marked down in an application for incorrect capitalisation/non-capitalisation.

Just to clarify my understanding, if I was to say I received a first-class grade in Family Law. Would that be correct for a firm that uses 'family law' on its website because I am talking about the title of the module?

Equally, If said 'I received a first-class grade in Family Law' and later said I am interested in CRS' family law seat, would this be seen as an inconsistency?

Thank you in advance!