- Sep 9, 2024
- 1,032
- 1,813
Hi @CHLTC I really empathize with your struggles, as case studies/written tasks were always the hardest part of ACs for me as well. I don't think there is a specific method you can prepare, since as you mentioned, they come in a wide variety of formats. In my view, the only way to prepare is by developing the underlying skills every case study will seek to test: time-management and work under pressure, clarity of writing and structure, commercial awareness and analysis, ability to digest large amounts of information, etc.Hello All,
As assessment centres are starting to come thick and fast, I wanted to come here to ask for some tips.
I attended 2 AC's last year (Silver circle and US), and unfortunately both gave me the same feedback - I did not perform well in the case study interview.
I always knew I was going to find this bit the hardest.
Has anyone got any tips on where / how to practice case studies for law firm assessment centres? Are there case study books you can buy?
From my experience, some were more focused on mathematical calculations, some more on company structures, but overall, they always tended to involve some sort of merger or acquisition.
Do people have a specific method for answering these? I have always thought it is very hard to prepare for them, as each firm have their own type of way of doing AC case study interviews.
@Jessica Booker @Jaysen @axelbeugre
To do that, I think it is useful to both practice actual case studies and to read more widely about the commercial matters that might be relevant for them. A particularly helpful resource for me was the course offered by TCLA on the matter (which you can find here). It includes a number of mock PE and M&A case studies, recordings of two hour long sessions explaining how to think through written/interview style M&A case studies, and a number of questions that are analyzed in depth by the TCLA team. To link a few useful free resources on TCLA:
- An amazing guide for M&A case studies by @Jacob Miller, which includes both a mock case study and a model answer with detailed explanations of how you should think through the materials (which you can find here).
- A mock written case study offered by TCLA here.
- An excellent article written by @Jaysen Sutton, which explains the process, types, structures, and general terms of an M&A transaction (which you can find here).
- A glossary of M&A terms by @Amma Usman here.
- A great LSE article giving an overview of case studies and preparation methods for each element
- An article with tips from the Oxford Careers Service
- A Next City Lawyer case study available on a fee basis
While I think different strategies apply for different formats, there are a couple of pointers which I would say are generally applicable for all or almost all types of written exercises:
- Time-management: You might have heard this so many times already, but I have to stress that most written exercises are incredibly time-pressured. I remember I was always told this, but it is very easy to forget during the actual assessment. In the first 20-30 minutes I have always to an extent or another allowed myself to be tempted by thoughts such as 'Oh it won't take me that long to read/write that part, I will just speed up a bit later' and I would thus justify being less efficient than I could have been in the first half of the exercise. As I would be entering the second half and nearing the end, I would invariably then find that it was very difficult to increase my working pace to make up for lost ground and my work product would suffer as a result. Thus, my advice is to be on your guard against that and to try to spread out your efforts evenly across the allocated time. Take one or two minutes in the beginning to make a plan and divide your workload, allocate portions of your time to completing the different parts, and try to make yourself to stick to those time limits.
- Efficient reading: In a substantial number of written exercises you will be given a large number of documents containing overlapping information and also big sections of text containing technical details which are not of great importance to your task. Once again, there is a temptation to ignore the time constraints and to try to read everything closely to ensure you are not missing anything. However, in my experience the main task of the assessment very rarely or never hinges on easy to miss details. As such, my advice for you is to try to quickly read and skim through the documents, and only once you have a big picture go back and look at the relevant sections in more detail.
- Analysis: Almost all written assessments have an analysis part, in which you are asked to weigh different considerations and make a judgement. I would advise you not to focus too much on trying to "blow away" the reader with the depth of your analysis or creativity of your arguments. Given the time constraints and nature of the tasks, there is rarely scope for that and if you focus to much on this kind of goal you might miss explaining much simpler points that should have been included in your analysis. As such, concentrate on considering the position of all relevant stakeholders (if you have issues doing this, drawing out diagrams can be very useful), having all the main pros and cons properly laid out, and weighing which set of considerations should you give priority to. If you can further support your opinion by making any links to current news stories or commercial trends, try to do so.
- Clarity and structure: Finally, ensuring your answer is very easy to follow is a point whose importance I cannot overstate. A essential skill for a prospective trainee is an ability for clear communication, both verbally and in writing, and this type of assessment is how they test the later. As such, you should focus on having a simple writing style and structure as much as you focus on the substantive points you are trying to communicate.