Five things Suits never told you about corporate law
“Is it anything like Suits?” is one of the most common questions I’m asked by more or less anyone who finds out I work for a law firm....
Developing your commercial awareness isn't just about reading financial news and keeping up to date with the latest M&A headlines... there are lost of ways to boost your commerciality.
Grow your library
Grab the popcorn
Plug in your earphones
Christopher Stoakes' All You Need to Know About the City and Commercial Awareness series are a helpful go-tos for a commercial awareness guide. Other books to consider addition to your library are:
The Smartest Guys in the Room - a tale of the fall of Enron
Barbarian at the Gate - the story of the fall of RJR Nabisco
The Secret Barrister - an insight into life as a wig-wearing lawyer
The Blockchain Revolution - if you're into tech and have a basic understanding of blockchain technology, this is an interesting read.
There are increasingly a range of documentaries, films and series which (whilst often jazzed up with fictitious details), are rooted in real-life events. These resources can be a helpful and accessible place to kick-start your commercial awareness, and can always be built on, and verified by other sources. Try checking out:
The Big Short - an accessible guide to the world of derivatives
The Smartest Guys in the Room and Barbarians at the Gate which are both films, as well as books
The Social Dilemma - a Netflix film which looks at the way social media platforms utilise user data
Podcasts are a surefire way to liven up commutes - most law firms have accessible options available from their websites or leading podcast sites, as do many vloggers and most news platforms:
Harry Clark trained at a leading US firm and kept a podcast mostly for students considering a career in law
The Financial Times' daily briefing is a helpful way to keep on top of daily updates