Hello,
I have an interview with CRS coming up and I understand that the firm has a strong presence in private wealth but also in corporate and commercial clients.
@Amma Usman,
@Andrei Radu,
@Ram Sabaratnam, I would really appreciate any tips on how to show commercial awareness, as that is where I feel I have been let down in previous ACs
Hiya
@fxy
Congrats on getting the CRS interview! From my experience during previous cycles, the CRS interview involved a few distinct elements: (1) a very fun group exercise, (2) a case study exercise, and (3) a partner interview.
For the group exercise, we had around half an hour to discuss roughly 6-8 topics. Here, the key is to make sure your contributions have an impact. Your interventions can even be in the form of a question to show that you're able to prompt discussion and further the conversation, building or reflecting on what others have said. As always with these things, I'd say try to be concise, clear, and show you're genuinely listening and building on others' points. In terms of the topics themselves, I'd suggest brushing up on current business trends and events that are affecting the legal profession and the market (e.g. AI, hybrid working, ESG, etc.). Don't worry about being overly technical. It's more about demonstrating common-sense solutions and asking thoughtful questions.
As for the commercial case study (assuming it's similar to the one that I completed), you'll want to think about day-to-day operational challenges rather than just high-level strategy. You could think about questions like: how does a company manage its workforce effectively, handle tough employer decisions, or successfully integrate new technologies? We were given a scenario involving a company facing certain problems, and our task was essentially to interview a partner/senior associate who was role playing as a client. Again, it's less about detailed firm knowledge/commercial knowledge and more about showing practical insight and good judgment.
When it comes to the final partner interview and showing commercial awareness, you'll want to particularly think about CRS's strengths in private wealth alongside corporate and commercial sectors. They like seeing that you understand both personal client dynamics and wider business concerns, so try to keep that balance. I'd also have a think more generally about why anyone would be interested in joining a firm with a strong private client/commercial split.
Hope that gives you a steer. Good luck!