What websites could one use to thoroughly research a firm and what questions should I be asking myself when researching
@Amma Usman
HOW TO RESEARCH A LAW FIRM - A SHORT 3-STEP APPROACH:
I completely understand how overwhelming all the information on law firms can be, and having a good research strategy truly helps with navigating that. I have included one approach below.
The first step is understanding the structure of law firms in London. There are the Magic Circle, the Silver Circle, the US law firms, and the national/regional law firms. Knowing which firms fall under each category will help with general industry awareness, especially since the nature of work differs depending on the type of firm. For example, US law firms like Kirkland tend to focus more on large-scale private equity deals compared to national firms like
TLT, due to their greater US client base. If you are more interested in an area like public inquiries and public law, for example, then
TLT is a firm worth considering for training as this is a core seat offered during their training contract. The first hurdle is understanding that many firms, including both Kirkland and
TLT, do both private equity and public sector work. However, some firms will focus more heavily on one area than another firm. Thus, research here means not only understanding what these firms do in their own right, but also how they differ from other law firms in the market. To aid your research, TCLA’s ‘Law Firm Application Guides’ and ‘Law Firm Practice Areas’ courses will provide a greater understanding of the City. Your interested law firm’s website will also have more information on their operations- so this is another starting point!
The second step involves researching on yourself more, which I appreciate may sound a bit surprising. Understand which practice areas appeal to you and consider any experience you have in them, including any open days you have attended. This self-awareness of your own demonstrated interest will then help with the third step.
The third step is tailoring your application to law firms that have a strong presence in your areas of interest or whose core work aligns with your experience/passions. For example, if you have a passion for energy work, you are more likely to apply for a vacation scheme at
Vinson & Elkins than at
Clifford Chance, which has banking and finance as core practice areas. Again, it is also worth being mindful that CC also has a well-established energy practice too. Good research sources for this are the TCLA “Law Firm Profiles” and “Applications Database”.
So that’s it. This three-step approach should give you a good head start.
Jaysen had also published a flyer in the forum back in 2019 titled, “How Do You Differentiate A Law Firm?”. I have linked this here for more information:
Feel free to pop any more questions in the forum, and we’ll be happy to answer them.