Thursday, 17 October 2013

How to boost your commercial awareness

Firms are constantly telling Careers Advisers that they expect to see evidence that LLB students are commercially aware.

What is commercial awareness?

'Commercial awareness can be described as an understanding of the business environment within which a law firm operates- Lex 100' 


Why do I need to be commercially aware? 
  • To gain a realistic understanding of the legal profession and how Law firms operate.
  • Shows your commitment to employers.
  • You will have an understanding of high profile cases or any new legislation
  • You will find out about current events that are taking place- this could lead to a networking opportunity!

 How can you gain commercial awareness?
  • Work experience opportunities 
  • Reading legal publications such as:
    • Legal Week
    • The Lawyer 
    • Lawcareers.net
  • Read resources related to the business world, such as
    • The Financial Times
    • The Guardian
  • Follow firms via their social media & law blogs - visit the Law Careers Blog for links to law industry blogs.
  • Sign up to firms newsletters.
  • Visit individual law firm websites.