TCLA Vacation Scheme Applications Discussion Thread 2024-25

[Bread]

Anyone receive the schedule and zoom details for Goodwin open day today? Email said we would be receiving a schedule+zoom link today but I have not received anything

 

[ayiiii05]

Anyone receive the schedule and zoom details for Goodwin open day today? Email said we would be receiving a schedule+zoom link today but I have not received anything

Are you sure there was an open day today? I know there are virtual ones on the 13th and the 27th of Nov.

 

[Bread]

Are you sure there was an open day today? I know there are virtual ones on the 13th and the 27th of Nov.

The open day is on Thursday Nov. 7th but they said that they would circulate details today xx
Checked my spam and all but have it received anything:/

 

[a1024]

anyone heard back from gibson dunn? what is the first round interview like? any tips?

 

[andrecsaa]

US aint the one for you my brother/sister/them in Christ.

At Bakers (an intl firm with US headquarters) everyone emphasised they are not US in culture. From the trainees to associates, to partners and Business Development. HOWEVER, when you dug further, they all said they weren't leaving the office before 8 pm. They strongly reiterated to us that you shouldn't expect yourself to be leaving before 8pm. They do respect you completing things outside of work as long you communicate clearly in advance

This massively depends on department culture, but from the experience of asking different staff at different firms, the hours tend to match across the board (bar corporate/transactional work which is bonkers). From IP to Disputes and Employment, trainees all discussed regularly working to at least 8 pm and beyond at BM. The difference (compared to the US firms) is that their weekends are more often untouched and their holidays are respected completely. However, don't expect to not work during the holiday, even if you are in a traditionally seeming "easy" or "less stressful seat" (the employment trainees were disgruntled about working during easter!)

A general rule of thumb I received is that if they're a top 20 UK firm in terms of revenue and/or they're paying you over 100k as an NQ, it is highly unlikely you will have the WLB you're seeking. Make of that what you will, but checking this against Legal Cheek's reported timings, the advice does hold some weight.

Exclusive research: What time do lawyers finish work at the UK's top 100+ law firms? - Legal Cheek

Junior lawyers face long days, late finishes, and an 'always available' culture, highlighting the demanding nature of a life in corporate law

www.legalcheek.com

The Firms Most List - Legal Cheek

www.legalcheek.com

Another recommendation was that if they are Tier 2 and above for Corporate deals at the premium level (like 750 mil and above), then just know...it's a rough one. Bare in mind we all have to complete a transactional seat as per the SRA guidelines, so choose your fate carefully!

M&A: Upper Mid-Market And Premium Deals, £750m+ > London

Market-leading analysis, rankings and editorial commentary - see the top law firms & lawyers in M&A: Upper Mid-Market And Premium Deals, £750m+ in London

www.legal500.com

So, to conclude, I'd focus on less elite transactional-driven firms if you want comparatively good WLB - typically US, MC, and SC firms - regardless of their size and "unique culture", they will all expect the same of you in terms of output/WLB. Instead, go after firms that are recognised for a wide range of non-transactional services and practices that stand out as their USP. Or they may be sector-driven (Bird n Bird, Osborn Clarke, etc.).

That is unless you are focused on being a transactional solicitor. If so, why not go for the big ticket because you will be working the same amount of hours as solicitors on the opposite end of a transaction? Might as well get paid the same or more...

In the long term, you might earn higher bonuses, and it is easier to reach the billable hours target in private equity, corporate and transactional seats. Although it's a concern for post-qualification, I would check the billable hours targets of each firm on Legal Cheek. You'll find more accurate working hours (for instance, 2200 hours is an insane target typical of US firms - 2200/260 = 8,5 billable hours per day).

 

[bangarangbass39]

In the long term, you might earn higher bonuses, and it is easier to reach the billable hours target in corporate and transactional seats.

For sure. But that also depends on if your firm has billable targets - a lot don’t have them. Of course the US places a greater emphasis on this.

I also imagine they’d differ between departments slightly - the market activity affects the work rate of departments differently and so do other unique demands from clients/sectors.

Also, higher bonuses come with the most obvious price - more of your time! I’m not against it tho.