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TCLA Vacation Scheme Applications Discussion Thread 2024-25

Audric_T

Distinguished Member
Oct 20, 2024
56
176
@Jessica Booker @Andrei Radu @Amma Usman @Ram Sabaratnam - apologies i know Andrei already provided some support on this but could you kindly provide some insight to Analytical presentations and group exercises that DLA use for their assessment centre and links to examples I can practice with (having not done this before)

could you also help with commerical awareness questions practice and advise on how to build commerical awareness for the presentation and case studies used in the group exercise please
 

Amma Usman

Legendary Member
Staff member
Future Trainee
Gold Member
Premium Member
Sep 7, 2024
679
619
@Jessica Booker @Andrei Radu @Amma Usman @Ram Sabaratnam - apologies i know Andrei already provided some support on this but could you kindly provide some insight to Analytical presentations and group exercises that DLA use for their assessment centre and links to examples I can practice with (having not done this before)

could you also help with commerical awareness questions practice and advise on how to build commerical awareness for the presentation and case studies used in the group exercise please

Hi @Audric_T , I’m unsure about the specifics on DLA’s assessment process, but I’ll take a stab on your second question.

Commercial awareness is a crucial skill in the law firm application process, and it’s one that requires consistent effort to build and maintain every day. I always say this – it’s not just about skimming through the Financial Times(FT) every morning. It’s about truly understanding the fundamentals, even the smaller details: for instance, knowing the definitions and distinctions between types of loans or bonds, and understanding how fiscal policy differs from monetary policy. It’s about balancing theoretical knowledge with an awareness of current affairs, as both are equally essential.

For case studies, commercial awareness can encompass a range of knowledge. Take an M&A case study, for example. It’s important to understand practical concepts like the differences between drag along and tag along rights, the role of due diligence, or how a change of control clause could impact the deal. On a broader level, having knowledge of landmark M&A deals – such as the proposed merger between Microsoft and Activision Blizzard – shows not only that you are up to date, but also that you understand how such deals shape the legal and business landscape.

In terms of building commercial awareness, I recommend starting with accessible resources like Finimize, LittleLaw, or ZipLaw. These are great tools for breaking down complex commercial concepts into digestible pieces. From there, podcasts like the FT News Briefing or The Economist Podcasts can keep you updated on global business and economic trends in a conversational format. You can also reinforce this knowledge by subscribing to the FirstFT newsletter, which summarises the main developments of the day. Highlighting a couple of key stories daily and delving deeper into how they affect businesses and their legal teams will help solidify your understanding.

When it comes to incorporating commercial awareness into law firm presentations, it’s essential to weave it in naturally rather than forcing it. Demonstrate how you view commercial trends through a legal lens, aligning them with the firm’s values and the role of a trainee solicitor. For group exercises, the collective knowledge of your team can be a real asset. Everyone brings their own perspective, so it’s important to contribute your insights while being open to learning from others. Together, you can craft a well-rounded, commercially aware presentation that showcases collaboration and critical thinking.

As you prepare for your assessment centre and beyond, adopting this structured approach will help you develop commercial awareness as a habit rather than a chore. Personally, these resources and strategies have been invaluable to me, and I’m confident they’ll help you as well.

I’m sure @Jessica Booker @Ram Sabaratnam and @Andrei Radu will have more thoughts on this.
 

NCTC2025

Valued Member
Gold Member
Premium Member
  • Nov 27, 2022
    112
    369
    Did you go to the discovery day? I imagine they potentially are fast tracking those who went to the discovery day as those candidates have been shortlisted already and have been met and had exposure to the firm. That would at least be my thoughts
    I went to the discovery day and have been on hold since passing the WG like a month ago
     
    Reactions: The-PFO-Collector

    Amma Usman

    Legendary Member
    Staff member
    Future Trainee
    Gold Member
    Premium Member
    Sep 7, 2024
    679
    619
    @Jessica Booker @Andrei Radu @Amma Usman @Ram Sabaratnam - apologies i know Andrei already provided some support on this but could you kindly provide some insight to Analytical presentations and group exercises that DLA use for their assessment centre and links to examples I can practice with (having not done this before)

    could you also help with commerical awareness questions practice and advise on how to build commerical awareness for the presentation and case studies used in the group exercise please
    Hey again @Audric_T. Just to build on my last response, I believe it will be particularly helpful to also have a glossary of key terms applicable to the financial/legal worlds. It’s a strategy that personally helped me track my commercial awareness a couple of years back. I will make a thread on this tomorrow and make the post .)
     
    D

    Deleted member 37508

    Guest
    They're a really nice mid-sized firm and have good culture and I have met some people that worked there and moved to larger firms (particularly from the funds team). I interviewed with them a while ago and will say that their pay (at trainee level and for associates) is not very competitive IMO.
    Thank you for this information. I did see they pay relatively low. Hopefully the hours reflect this.
     
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