Competency / behavioural interview
Format. 1-on-1 or 2-on-1 panel with senior associates or junior partners.
Duration. 45-60 minutes
Panel. Usually two interviewers from transactional groups (M&A, Private Equity or Capital Markets).
Assessed on. Resilience, entrepreneurial drive, alignment with the non-hierarchical culture, commercial curiosity and grasp of a US firm's London business model.
Typical scenarios. 'Why Latham over a Magic Circle firm?', 'Tell me about managing competing priorities under extreme time pressure', 'Walk me through a complex commercial challenge and how you solved it.'
Common failure modes. Generic answers that fit any elite firm; failing to articulate the unassigned system vs a four-seat rotation; sounding rehearsed rather than conversational.
Tactical advice. Use STAR but keep Situation and Task to 15%, Action to 70% and Result to 15%. Choose high-stakes examples that show individual accountability.
Case study / commercial exercise
Format. Interactive presentation and viva-style defence.
Duration. 60 minutes (15-minute presentation/introduction, 45-minute Q&A)
Panel. Two partners, often from Finance or Corporate.
Assessed on. Commercial acumen, analytical rigour, thinking on your feet under senior challenge, and assessing risk rather than memorising legal concepts.
Typical scenarios. Two competing target acquisitions for a PE sponsor; evaluating a distressed-debt investment; justifying a market expansion despite geopolitical or macro headwinds.
Common failure modes. Safe, ambiguous recommendations ('do both' or 'do neither'); collapsing under cross-examination; ignoring funding mechanisms (debt vs equity).
Tactical advice. Choose a clear, definitive option and defend it. If a partner introduces new data, do not dig in blindly; say it alters the risk profile and explain how you would adjust your structuring.
Written / drafting exercise
Format. Desk-based, time-pressured analysis and writing on a locked-down word processor.
Duration. 45 minutes
Panel. Solo at a workstation, invigilated by Graduate Recruitment.
Assessed on. Processing speed on dense text, structural clarity, grammatical precision and extracting key commercial risks from a large data set.
Typical scenarios. Reviewing a roughly 40-page pack of articles, financial reports, exchange-rate tables and client correspondence to draft a strategic investment recommendation memo to an investment committee.
Common failure modes. Trying to read all 40 pages cover-to-cover and running out of time; prioritising volume over structure; casual or conversational language.
Tactical advice. Spend the first 10 minutes skimming headings, executive summaries and data tables. Draft your executive summary and recommendation first, then build supporting paragraphs. Professional bullet points are acceptable if they advance a clear argument.
Partner / senior partner interview (vacation scheme final round)
Format. Final-round panel interview during the scheme.
Duration. 45-60 minutes
Panel. Two senior partners (practice-group heads or London Recruiting Committee members).
Assessed on. Long-term partner potential, cultural fit, intellectual weight and your performance during the two-week scheme.
Typical scenarios. Deconstructing a transaction from your scheme seat; how macro shifts (rate volatility, private-credit expansion) impact Latham's London strategy; scrutiny of any inconsistencies in your file.
Common failure modes. Being unable to explain the commercial context of your scheme tasks; showing fatigue at the end of two weeks; failing to ask sophisticated, senior-level questions.
Tactical advice. Treat it as a peer-to-peer commercial conversation. Know the public deals your scheme supervisors led recently, and explain not just what you did but why the client pursued the transaction.
Lunch with current trainees / associates (unassessed)
Format. Informal social lunch.
Duration. 45-60 minutes
Panel. 2-3 current trainees or junior associates with the candidate cohort.
Assessed on. Explicitly unassessed and a genuine break; trainees do not score you. However, flagrant red flags (arrogance, inappropriate or dismissive comments) are reported to Graduate Recruitment.
Typical scenarios. Organic conversation about trainee life, hours, the unassigned system and the move from university to the City.
Common failure modes. Either dropping your professional guard completely, or aggressively quizzing trainees on technical law to impress them.
Tactical advice. Relax, eat and ask candid, practical questions about culture, hours and work distribution; gather genuine insight you can reference in the afternoon interviews.