⟩ Tell me what part would laws and lawyers play in a corporate acquisition, an IPO, a dispute between two businesses, or a price-fixing investigation?
Your interviewers will expect you to not just be interested in the business world, but also to have an understanding of how law firms fit in.
It's relatively rare to find law firms mentioned in business stories in the FT or the Economist, but they will be advising the parties involved in nearly every instance. For coverage of which law firms are acting for who, and what exactly they're doing, check out The Lawyer, Legal Week, or law firms' own websites.
You'll find that wherever parties are entering into a complex transaction, such as a corporate purchase or a financing, lawyers will be required to advise on laws and terms, prepare the documentation, and make sure the deal goes ahead smoothly.
And lawyers will guide the parties involved in any dispute through the legal rights and wrongs of their case, and the practicalities of the dispute resolution process being used.
