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Vacation scheme are a fantastic experience and I have learned a great
deal through mine. For example, whilst sitting in the banking department at one
firm I gained insight into the role of a law firm when acting for both lending
financial institutions as well as a wide variety of borrowers, including
companies and private equity houses. As a vacation scheme student I was able to
perform typical trainee tasks such as creating an index for the Bible to the
transaction, drafting board minutes and even sending emails to clients
requesting documents and signatures.
While you’re expected to do some work on a vacation scheme, the
majority of your time is taken up by your supervisor teaching you the
fundamentals of the practice area, attending various practice area
presentations and, of course, attending the many social events organised by the
firm.
I would definitely recommend anyone considering a career as a solicitor
to undertake a vacation scheme. Not only are they enjoyable but they also give
you a very good insight into the firm, allowing you to make an informed
decision about whether or not you wish to work at the firm that you wouldn’t be
able to make if you applied directly through a training contract application.
You also have the opportunity to experience a variety of practice areas. For
example through my roles I have also worked Restructuring and Insolvency; while
the Banking lawyers help set up the loan agreement, the Restructuring lawyers
are on hand when something goes wrong, namely the borrower’s inability to pay
back the debt under the terms of the facility agreement. I never appreciated
just how many things a lawyer has to consider on any particular matter, both
legally and commercially, until I undertook these schemes!
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I never imagined I had a chance of winning this Award but here I am so
I strongly urge you all to apply, you have nothing to lose! Good luck with your
application.
Alexander Hughes, Law, University of Southampton
Law Undergraduate of the Year Award 2014, Winner
Do you think this could be you for 2015? Apply to the Awards here: undergraduateoftheyear.com/law
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