Payment, in any form, under a contract; any value given at the counterparty's request can be good consideration, including any action, inaction, or a promise. For more about consideration, see Practice note, Contracts: formation: Consideration. Resource ID 3-107-5984.
How to make your training contract applications stand out Think about what makes you, uniquely you. Be ruthless -- edit or delete any generic statements. Mention your previous interactions with the firm, no matter how small. Deploy all your hard work on building commercial awareness.
For a contract to be valid and recognized by the common law, it must include certain elements-- offer, acceptance, consideration, intention to create legal relations, authority and capacity, and certainty. Without these elements, a contract is not legally binding and may not be enforced by the courts.
Application process: Online application form, Watson Glaser Test, pre-recorded Video Interview, Assessment Day. Eligibility: Our Training Contract is open to penultimate year law students, final year law and non-law students and graduates.
Boost Your LSAT Score with our Award-Winning Course SchoolRankingLSAT Median Harvard Law School #1 174 Yale Law School #2 175 Stanford Law School #2 173 University of Chicago Law School #4 17323 more rows
Ten Top Law Schools College/UniversityInstitution TypeLocation Yale University Private, not-for-profit, 4-year New Haven, CT Stanford University Private, not-for-profit, 4-year Stanford, CA Columbia University Private, not-for-profit, 4-year New York, NY University of Chicago Private, not-for-profit, 4-year Chicago, IL6 more rows