What sort of questions were they asking?Just went through Skadden's assessment centre today – had back to back interview and group exercise. A partner totally put me on the spot for a solid 40 minutes, firing off one commercial question after another. The group exercise part was okay, not perfect but not too bad. Does anyone know how many folks do they typically bring on board for their vac scheme?
Know your application inside out - any claim you have made in it about your motivations or skill set, you could be questioned on, so remembering what you wrote is pretty important.Anybody happen to have any final words of advice/insight for the Freshfields AC?
Well done!! Do you have any tips for passing the WG? I've just messed up one test for another firm so I'm kind of nervous for this one.RPC AC !!!🤩🤩🤩 Oh god, I need to start preparation ASAP
any response to this?? I'm also interested!!Hi everyone, where could I go to get my CV, applications and so forth reviewed?
Would you be able to please specify what kind of commercial questions? Thanks!Just went through Skadden's assessment centre today – had back to back interview and group exercise. A partner totally put me on the spot for a solid 40 minutes, firing off one commercial question after another. The group exercise part was okay, not perfect but not too bad. Does anyone know how many folks do they typically bring on board for their vac scheme?
No(t yet). Applied on the deadline but I don't know if they are rolling or not. I didn't get any tests or AC yetAny covington PFOs?
Definitely not a stupid question - I think it really depends on the arrangements? If it is a share sale, then the target will simply be a wholly owned subsidiary, but if it its an asset sale, then it could be that the target's business operations are merged under the parent company's business (e.g cease to exist).This is probably a really stupid question but what happens to a target company after an acquisition? Like, do they just cease to exist, become a subsidiary or what? 😭😭😭
There are two types. For merger, they usually form a new legal entity and the two previous entity would cease to exist. For acquisition, usually an acquirer will obtain a controlling stake in a target company thus turning the target into a subsidiary.This is probably a really stupid question but what happens to a target company after an acquisition? Like, do they just cease to exist, become a subsidiary or what? 😭😭😭
They’re not rolling and some people who applied on deadline got an AC. I haven’t but I’m still holding out hope until tomorrow afternoon.No(t yet). Applied on the deadline but I don't know if they are rolling or not. I didn't get any tests or AC yet
Hey @VacayScheme,Anybody happen to have any final words of advice/insight for the Freshfields AC?
Congratulations!! This is amazing news!!Covington AC just received now - applied on deadline
Agreed on the answers here so far. Perhaps also worth adding that in a PE context, the Target or the key operating company in the Target's structure would then be known as a portfolio company of the PE sponsor (firm) that acquired it. It's useful to think of this in terms of structure charts too where you can see the change in ownership once the target is acquired, if that makes sense! If all the Target's shares are being acquired, it will simply exist under a new ownership structure.This is probably a really stupid question but what happens to a target company after an acquisition? Like, do they just cease to exist, become a subsidiary or what? 😭😭😭
Hi, yes, if I remember well it was 3 or 4 questions (done it last year)Is there a VI element to Baker's test?
Covington ACs out for a few people I know (and nothing from the rest)Anyone heard from Gibson Dunn, V&E, MoFo, or Covington?