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Law: Commercial Awareness

Commercial Awareness

As a law student it's very important to be commercially aware and to research organisations who you may wish to approach for a training contract, pro-bono work experience or other employment opportunities.  Be sure to research any market sector you or your potential clients may be interested in, you never know what information may give you a competitive edge at interview.

Not sure what commercial awareness is?  Have a look at these articles:

Lex100: Gaining Commercial Awareness

Target Jobs:  Commercial awareness and how to achieve it, by trainee solicitors and law recruiters

The Guardian: Law students are you 'commercially aware'?

Videos from Westlaw:

How can law students increase their chances of getting a training contract?

Securing a pupillage and commercial awareness

Databases for Company and Market Research

Mintel Market Sizes

Full Text Database containing market size, market share and forecast data for thousands of consumer goods categories worldwide.

Mintel Reports

Market research reports covering US, EU & UK marketplaces. Each report combines data & analysis of the competitive landscape, market share analysis and consumer profiles.

Keeping up to Date

News databases

European Newsstream contains articles from the FT, other quality newspapers and local papers the Western Mail and South Wales Echo.

LexisLibrary contains articles from the quality press.  Go to the News section and select from the Sources menu: UK broadsheets.

News and law news websites

Al Jazeera for international news in english.

BBC business news.

CNN US based international news.

Daily Telegraph and the Daily Telegraph law page.

The Economist for industry sector news.

The Financial Times (selected full text content only).

The Guardian and The Guardian law page.

The Lawyer

Legal Week

South China Morning Post for information on Asian markets.

The Times and The Times law and business page.

Wall Street Journal UK edition.

See also the Finding Blogs section of this guide to keep up to date with legal news. Twitter and LinkedIn can also be useful for contacts and industry news.

Law Podcasts

Radio 4 Law in Action

Careers and Employability Advice

The webpage of the USW careers and employability service can be found here.