- Sep 7, 2024
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Hey all! I hope you’re all having a fantastic mid-week! I’ve included below 10 sources to help solidify that commercial awareness! Let’s keep going and building up on that skill everyday…!!!
Pro-tip: Take building commercial awareness as a lego exercise - building little blocks everyday before cementing it into a full blown toy machine! It shouldn’t feel like a chore, rather it should feel like an exciting opportunity to learn more about the financial/legal worlds. It’s a habit that certainly takes time to build, so please be patient with your commercial awareness journey!
10 Sources:
1. Financial Times (FT)
2. The Economist
3. Bloomberg
4.The Lawyer
5. Investopedia
6. The Wall Street Journal
7. The Daily Upside
8. LittleLaw
9. Finimize
10. Forbes
Thank you very much, your advice was very insightful! Another point is how much in-depth industry knowledge should I know regarding their work since it is for a training contract I assume they want to be training the person they have?
Hi @zeydi ,
Yes, you are right in suggesting that candidates don’t need to have all the answers, considering it’s a development programme. However, sufficient knowldge on practice areas, current affairs, the financial world and the consequent impact these global changes have on law firms/their clients is quite advantageous and important. The way in which you will be able to streamline how to approach this and not overwhelm yourself with so much data is by choosing areas that interest you, and learning more about them. For example, if it‘s energy and private equity, you should keep up with news on these. If it’s policy or disputes, what are the hot topics on right now? The way I see it, a single news headline can have impacts on so many businesses and law firm practice areas alike. These are things you can touch on in interviews from so many angles.
I’ve quoted a post above with some sources to help build this.