SESSION 3 ASSESSMENT: The Legal Cheek Commercial Awareness Academy 2022-23 (The world in 2023, with BCLP) in partnership with BARBRI
Your name
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Your email address
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Over the past year, what is one key difference between law firms and large tech companies?
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Tech company international expansion vs law firms reducing global footprint
Tech company lay-offs vs boom in law firm hires
Rising salaries in tech companies vs salary cuts in law firms
All of the above
How will law firm hiring patterns most likely be impacted by the economic downturn?
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Slower hiring patterns
Increase in hiring patterns
No change
Which type of work has led to growth for “White-shoe” US law firms in the past year, but may be less prominent in 2023?
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Restructuring and insolvency
Advising large tech company IPOs
Wills and estate planning
Employment and pensions
What was the reported outcome when an in-house legal team recently outsourced the drafting of a privacy policy to ChatGPT?
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ChatGPT delivered the policy seamlessly
The AI failed to produce a response
The policy raised issues from a legal risk perspective
Stability AI has recently been subject to a high-profile lawsuit for breaching copyright from which of the following groups?
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Artists
Poets
Musicians
Novelists
Approximately how many pieces of EU-derived legislation will the UK need to review, amend and repeal by the Brexit sunset date at the end of 2023?
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500
1,800
2,500
4,000
Which of the following would NOT generally be considered as commercial awareness?
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Knowledge of business issues around us
In-depth knowledge of black letter law
Understanding of external factors that affect a client’s business
Ability to form opinions on business matters
Which of the following options is NOT a good way to demonstrate commercial awareness in applications and interviews?
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Considering how business news will feed into commercial decisions
Repeating messages from a law firm’s website
Forming your own opinions on current affairs
Considering the economic and political landscape across different jurisdictions
For which reason has Shell recently been in the news?
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De-listing from the stock market
Recording falling profits due to supply chain issues
Announcing record-high annual profits
Subject to a takeover bid
Where can commercial awareness come out during the application process?
A case study exercise
The application form
An interview
All of the above
Type a question
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