In a video interview with a firm that has a strong Private Wealth practice, would it be advisable to answer a question about a client I'd like to introduce to the firm as a specific kind of UHNW individual (I can't really give a name as I'm not aware of any specific individuals wanting to move from the UK to the country in question) or is it better to just go with a specific company? I think my answer is otherwise strong as it references a new office and growing practices, but I'm debating whether it is important that I specifically name a client.
Hiya
@Defnefresko
It sounds like you're on the right track
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It’s not necessarily a bad idea to mention a specific ultra-high-net-worth client, but the key is to ensure you can clearly articulate how the firm could advise them and why introducing that client would make for interesting work. This can be more challenging when discussing private clients because their legal needs are often less transparent than those of companies, where public information is more readily available.
If you do want to focus on a UHNW individual, try to think about what specific legal needs they might have and how the firm is best positioned to address these. This could be tax structuring, succession planning, cross-border matters, or relocation issues, for example. You don’t necessarily need to name an individual, but framing your answer around a certain type of client with a set of relevant challenges could be effective. Alternatively, discussing a company can often make it easier to illustrate why the firm is well-suited to act for them, as there’s usually more public information available to support your argument.
If the firm advises both private clients and businesses, you might consider discussing an UHNW individual who owns a business and how the firm could support both their personal wealth structuring and the legal needs of their company (this scenario sometimes comes up in law firm commercial exercises). This approach allows you to tie together different aspects of the firm’s expertise (both its private client and commercial capabilities).
I hope this helps and good luck with your application!