How confident are you in your knowledge of the core LLB/PGDL subjects, including Contract, Tort, Trusts, Land, Criminal, and Public Law?
TCLA is teaming up with BPP for a free interactive event designed to refresh your fundamentals, especially for those interested in or planning to take the SQE. We'll practise multiple choice SQE questions, with prizes for the highest scoring participants!
Register HereAnyone still being ghosted by Akin, Gibson and Milbank post-app? 😂
Hi @TonyStark I think you can think of competitors in two main ways. Firstly, at the level of the firms as a whole, we would essentially look for the firms that share the most important features of Skadden for the purposes of defining market position. While the exact features that are most important for outlining market position are debatable, I would describe Skadden in London in the following way: a large office of an elite US firm with a diverse offering of practice areas but a focus on high end transactional work. The two other firms that best fit this description are Latham & Watkins and White & Case.
Hey @a1024 I answered this in an in depth post a while ago, I will quote it bellow:hi! what are the advantages of a firm following a sector based approach?
@Jessica Booker @Andrei Radu @Ram Sabaratnam @Amma Usman
Hey @legal18 so I think there are a number of associated benefits of a sector-focused approach from both a client and an employee perspective:
Benefits for clients:
- Ease of service: essentially, a sector-focused firm will deliver legal services in a way that is a lot easier for the client to use. Firstly, if a firm organizes teams more around sectors than practice areas, it looks and is a lot more similar to the client's business. Businesses perceive themselves as players in a certain industry and do not neatly separate their legal needs between the different workstreams of different practice areas. Thus, the legal service of sector-focused firms seems a lot more tailored to the client. Secondly, industry-focused firms tend to have partners with significantly broader expertise. Hence, the firm can provide a 'one-point-of-contact' system to clients, which is easier to navigate administratively.
- Strategic advice: the idea is that if you spend years and years working on matters in a single industry, by the time you become a more senior practitioner you will have almost as much technical expertise in the sector as the client themselves. Having this kind of deep insight and knowledge of the industry will not only mean that you can give better advice to clients on particular mandates, but it will also mean you will be in a better position to form a client-lawyer relationship which goes beyond that. This way, you will have a good chance of getting to know all the insides of the client's business and becoming their go-to strategic advisor. Thus, the client gets the benefit of exceptional business and legal advisory services simultaneously.
- Industry reputation: if the firm generally does a lot of high-end work in a particular sector, it will become very reputable with businesses in that sector. The fact that firm will simply be a very well-known name definitely helps in terms of shaping advantageous negotiations dynamics with opposing counsel. A great example of this is Kirkland in the PE sphere. Simply because of the firm's reputation in this area, it is able to obtain advantageous terms for clients by insisting they are "market terms". Because nobody does as many deals as they do in PE, it is sometimes difficult for the other side's counsel to counteract Kirkland's claims.
Benefits for employees:
- Learning more about the intricacies of the sector as a benefit in itself: if you have a prior interest in a given sector of the economy, working for a firm that has a focus on that sector will enable you to get a lot more exposure to it, which can be a benefit in and of itself. Just as you might have a general interest in commercial law because you have a general interest in learning more about and working with businesses, you might also have a specific interest in sector-focused firms because you have a specific interest in learning more about the sector. This reasoning will be especially persuasive if you have some previous work or other relevant experience related to the sector. Personally, I have seen candidates write persuasive answers based on this type of question in regards to sectors ranging from tech and financial services to energy, pharma and transportation.
- Becoming a true strategic business advisor: this is similar to the line of reasoning you mentioned but is focused on long-term career prospects. As mentioned before, repeated experience in a single industry means you will in time become very technically proficient in your understanding of it. This puts you in a great position to become a true strategic adviser, which is potentially a more interesting role than just dealing with their legal requests.
- More high-end mandates: if the firm can generally provide better service than its competitors because of its sector focus, this also means that the firm will be better placed to win the top of the market mandates from that industry. This might be naturally attractive to you, as these mandates tend to be the among the most complex and consequential.
I think all 3 have given out VS offers for both spring and summerAnyone still being ghosted by Akin, Gibson and Milbank post-app? 😂
Hi @Ram Sabaratnam! Any tips for the Cooley AC? ☺️
Hiya @James Wakefield
The Cooley assessment centre was quite a full-on day when I did it, and if the structure remains the same, you can expect a packed schedule. This schedule included (1) a group exercise; (2) lunch and chats with people at the firm; and (3) two separate interviews, one with an associate and another with a partner.
In my cycle, the morning involved a group exercise. We were expected to successfully pass this stage to proceed to the interviews in the afternoon. The group exercise had a strong commercial focus, so it’s worth taking some time to think about the kinds of issues that often arise in commercial exercises involving investment decisions, M&A considerations, and other types of similar business challenges. Beyond commercial awareness, the usual group exercise rules apply - try to show your ability to work effectively with others. There’s also a presentation element, where clarity, a client-focused approach, and time management all play a big role. There weren’t any written exercises when I did it, so I don't think you'll have to worry about that here.
Between the group exercise and the interviews, you'll have lunch and a chance to chat with trainees, associates, and the wonderful training principal, Claire Temple. This is a great opportunity to ask any questions you genuinely have about the firm, but also to get to know people in a more informal, relaxed setting. You might feel a bit nervous during this time, since some candidates will be unsuccessful at this stage and will need to leave. But just focus on doing your best and engaging with people you meet.
If you make it through to the interviews, you’ll have one with an associate and another with a partner. I wasn’t asked any commercial questions in these, but I found that some of the motivational questions gave me an opportunity to weave in my commercial awareness (where relevant). If you can, it’s definitely worth preparing for competency-based and motivational questions in advance. I also received quite a few curveball questions (e.g. “If you were a fruit, what fruit would you be?”). If you get one of these, don't panic. Just think of these as an opportunity to demonstrate your ability to think on your feet and give a sense of your personality.
Hope this helps! And good luck with the AC!
I know many here would probably disagree, but my experience for the past 2 cycles so far tells me that this is very much a US firm thing.I really don’t understand firms who leave you as though you never applied!! I applied to GD 1st Sept- the day they opened and did their first year insight scheme!! I haven’t heard anything and emailed them and they responded two weeks ago saying they are still looking at applications which is lowkey insulting because I’ve seen people get VS offers on LinkedIn!!! Sorry for the rant lol
Does anyone have any advice for written exercise prep? I just had a feedback call post an AC that I was rejected from and they said I lost the offer in the written exercise, so I really wanna work on that aspect for any future ACs
How awkward is that having to leave an AC half way through due to being unsuccessfulHiya @James Wakefield
The Cooley assessment centre was quite a full-on day when I did it, and if the structure remains the same, you can expect a packed schedule. This schedule included (1) a group exercise; (2) lunch and chats with people at the firm; and (3) two separate interviews, one with an associate and another with a partner.
In my cycle, the morning involved a group exercise. We were expected to successfully pass this stage to proceed to the interviews in the afternoon. The group exercise had a strong commercial focus, so it’s worth taking some time to think about the kinds of issues that often arise in commercial exercises involving investment decisions, M&A considerations, and other types of similar business challenges. Beyond commercial awareness, the usual group exercise rules apply - try to show your ability to work effectively with others. There’s also a presentation element, where clarity, a client-focused approach, and time management all play a big role. There weren’t any written exercises when I did it, so I don't think you'll have to worry about that here.
Between the group exercise and the interviews, you'll have lunch and a chance to chat with trainees, associates, and the wonderful training principal, Claire Temple. This is a great opportunity to ask any questions you genuinely have about the firm, but also to get to know people in a more informal, relaxed setting. You might feel a bit nervous during this time, since some candidates will be unsuccessful at this stage and will need to leave. But just focus on doing your best and engaging with people you meet.
If you make it through to the interviews, you’ll have one with an associate and another with a partner. I wasn’t asked any commercial questions in these, but I found that some of the motivational questions gave me an opportunity to weave in my commercial awareness (where relevant). If you can, it’s definitely worth preparing for competency-based and motivational questions in advance. I also received quite a few curveball questions (e.g. “If you were a fruit, what fruit would you be?”). If you get one of these, don't panic. Just think of these as an opportunity to demonstrate your ability to think on your feet and give a sense of your personality.
Hope this helps! And good luck with the AC!
I guess the good side is it reminds you why you’re there. I find you’re sometimes lured into a false sense of calmness/security at ACs when you actually need to be on your best game all the time.How awkward is that having to leave an AC half way through due to being unsuccessful
How awkward is that having to leave an AC half way through due to being unsuccessful
This actually made me burst out laughing on the train haha! Well I guess you could always name any fruit and link that to how they could make so many different kinds of food/drink, and hence….versatility….which is a key trainee competency 🤣“If you were a fruit, what fruit would you be?” is a crazy question what the hell. 😂😂
I didn’t realise these kinds of questions would be asked in interviews. It looks like I need to spend some time on figuring out which fruit I want to be. I’m thinking maybe an apple. 🍏
@Ram Sabaratnam @Amma Usman @Andrei Radu Received a VS offer! Any advice on what to do prior to this to prep for the VS?
Sorry to hear this ! Do you mind sharing how long they took to get back to you please ?Hogan Lovells PFO post watson glaser 😶
Evening all, does anyone have any top tips on how to perform well during virtual interviews or how to prepare for them?
Any advice would be greatly appreciated.