- Sep 9, 2024
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Hey @AS24 just to jump in before @Ram Sabaratnam and @Amma Usman come back to you, I think since the question does not ask for it explicitly, you do not need to mention how HL could help them. However, if you can, I think it is desirable to do so.Hi @Amma Usman and @Ram Sabaratnam
Apologies for disturbing you, but your last tips were so good that I finished two apps in one day, so much food for thought.
I am planning my application for the Hogan Lovells vacation scheme and I have some doubts regarding their commercial awareness question.
'Please tell us about a commercial news story you have recently been following. How might it impact Hogan Lovells' (HL) clients?'
Do you think I need to mention how HL can help them?
Thank you in advance for your continued help, it is greatly appreciated.
Firstly, the context in which commercial awareness is a useful skill to have in a law firm is exactly that - an ability to connect events impacting clients' businesses with what the firm can do to assist them as a result. This is a direct benefit for the firm, as it is a way to generate more revenues from client mandates and also deepen an existing client relationship. As such, in general I think it makes sense to keep this in mind when interpreting a commercial awareness question. When there is any ambiguity in whether we should add this to the analysis, I have therefore chosen to read this element into the questions.
Secondly, I think the specific request for you to identify one of the firm's clients rather than just any business shows that the firm wants to do more than simply test your general ability to analyze a commercial a story. Simply being able to name one of the firm's clients as part of a category of affected businesses and then going on with a normal general commercial analysis does not add much. As such, I would read into this specific link made with the firm a suggestion that you should add a layer of analysis as to the potential role of the firm in this story.
Finally, I think you should also consider this issue with a view to the downside/upside risk. In the event that the firm did not want you to discuss its potential role in advising a client, it is unlikely this will do much to hurt your progression chances. At most, recruiters would see you as a slightly overeager candidate who wanted to show he can make a connection between the commercial story and the firm's practices. However, in the event that the firm does want you to write about its role and you fail to do so, you will have missed out on scoring well in a key criterion of evaluation.