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Just to give a slightly different opinion to Daniel (whom I mostly agree with!), I would lean more towards answering yes (to your question). I think it also depends heavily on the story/issue in particular, though.For example: for a business issue/story, I would explain the issue to show your understanding of business affairs/trends etc, then explain how and why it would affect businesses (the firm's clients). Then link that to how it would affect the law firm - here is where I would mention the effects on specific practice areas (e.g. Brexit --> many effects --> for example, competition law --> loss of one-stop shop for businesses --> law firm would have to advise clients on domestic merger notifications as well as EU-level notifications --> firm could advise clients in newsletters in advance of this to provide running advice and support).
Just to give a slightly different opinion to Daniel (whom I mostly agree with!), I would lean more towards answering yes (to your question). I think it also depends heavily on the story/issue in particular, though.
For example: for a business issue/story, I would explain the issue to show your understanding of business affairs/trends etc, then explain how and why it would affect businesses (the firm's clients). Then link that to how it would affect the law firm - here is where I would mention the effects on specific practice areas (e.g. Brexit --> many effects --> for example, competition law --> loss of one-stop shop for businesses --> law firm would have to advise clients on domestic merger notifications as well as EU-level notifications --> firm could advise clients in newsletters in advance of this to provide running advice and support).