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Message: <blockquote data-quote="Andrei Radu" data-source="post: 188661" data-attributes="member: 36777">If possible, I think it is best to do both. When asked the same question in an interview, I specifically stated that this can be interpreted as both as (i) which firms cover the same segment of the market, in that they have the most similar 'types' of firms; or (ii) who is the firm's toughest competition when pitching for mandates for the firm's most important practice areas. The way I approached it, for (i) I gave an example of two firms that I thought were most similar to the firm I was interviewing with and also explained why I though that - what were the common aspects, what were the differences, and why on the whole they could be placed in the same category. For (ii), I choose the firm's largest 4-5 practice areas and named the 1-2 competitors that are strongest in each (which I largely based on Chambers and Legal 500 rankings, but also general market perception and other awards/recognition). The interviewing partner said this was the most thorough answer he had heard for this question, so I think you cannot go wrong by following a similar approach.</blockquote>

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