TCLA Vacation Scheme Applications Discussion Thread 2024-25

[Legallylaw]

I think AS normally only get back to people that are successful in moving to the next stage of the process. After a while they send out the automated PFO’s to everyone else.

For example, I applied to the AstraZeneca and Covington AS Mentoring Scheme. A lot of people on this forum hadn’t heard back at all but they’d progressed me and others to the VI stage.

If their email said they’d get back to people by the 7th of March, I imagine they’ve already emailed the people moving forward. Perhaps you could send them an email to confir​

I think AS normally only get back to people that are successful in moving to the next stage of the process. After a while they send out the automated PFO’s to everyone else.

For example, I applied to the AstraZeneca and Covington AS Mentoring Scheme. A lot of people on this forum hadn’t heard back at all but they’d progressed me and others to the VI stage.

If their email said they’d get back to people by the 7th of March, I imagine they’ve already emailed the people moving forward. Perhaps you could send them an email to confirm?​

Yeah makes sense. Its just confusing sometimes

 

[Andrei Radu]

@Andrei Radu How would you go about explaining an interest in private equity firms at the interview stage if you don't have any direct experience? would just highlighting some similarities between other experiences and PE be fine?

I think it would be and you definitely are not expected to have any direct experience working in the PE industry. Getting PE roles is notoriously difficult even for the people that have spent some time in IB roles at top bulge bracket banks like Goldman Sachs and JP Morgan. Getting internships at PE firms straight out of university is another level of competition - one can only realistically succeed if they are already commited to working in finance rather than law.

The way I used to go about justifying an interest in PE was by starting out with an interest in M&A. I would explain how working on transactions involving the selling and buying of companies is interesting to me because I liked learning all there is to know about different businesses and the industries they operate in; and how I enjoyed the process of negotiating deal terms (here, making a link to a negotiations competitions example or Forage Experience).

Finally, I would differentiate between M&A work done for corporate clients and PE clients, focusing on one or two features that make PE work more attractive. Examples include more streamlined deal processes, because PE clients are very experienced and sophisticated, and a greater variation of industries and sectors involved, as PE clients do not have the same business parameters limiting investments as corporate clients do.

 

[AlegalA]

Just did the weightmans sjt test and flopped it so bad 😂😂😂
It's such a hit and miss, I've done so well in past SJTs but sometimes it all goes so wrong, even though I don't feel like I particularly change my answers that much??

They're so hard to hack 😭

 

[billyonthespeeddial]

Congratulations ! when did you hear back from debevoise? Was it an email?

It was an email today

 

[austinfriar]

It was an email today

Which AC did you go to? Must be PFO for me but trying to still hold out hope..

 

[Jessica Booker]

When a firm calls with an offer for a VS, roughly how long after would they send email confirmation?

It can be anything from the same day or the next week. How long have you been waiting?

 

[billyonthespeeddial]

Which AC did you go to? Must be PFO for me but trying to still hold out hope..

I DMed

 

[jojo23]

For anyone that's waiting for an update from CRS:
I've emailed CRS and they've said to me they're currently prioritising reviewing Guildford applications at the moment as the scheme is happening before the London Placement. London Placement candidates can expect an answer in, "the next couple of weeks".

Next couple of weeks is code for next month🤣

 

[zoobla20]

@Jessica Booker hi Jess, hope you're well. Would you suggest applying for straight TCs if you have no legal work experience (but do have some non-legal work experience - 3 years)? Just FYI I've got a non-law degree, PGDL and currently studying for the SQE 1 which I'm going to sit in July. I've heard TCs are more geared towards people that have vac schemes etc but I've been unsuccessful in getting one this cycle (made it to 2 final stage interviews/ACs).

 

[3000to1shoteverytime]

Next couple of weeks is code for next month🤣

Well I got a London CRS PFO today so I feel special.

 

[legallyells]

Well I got a London CRS PFO today so I feel special.

was this post-vi?

 

[A worried graduate]

Anyone here aware of any insight days with open applications for the coming months?

I’ve run out of firms to apply for and could do with finding a new one to fall in love with.

 

[legallyblonde7542]

Does anyone know how long OC take to reply after the in person AC?