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.