@notsoloudoliver and @Fayrazzled it might help to hear a bit about one of my DCs experience applying for Vac Schemes/TCs.
My DCs started applying whilst in their 2nd years at uni, (one at Oxford, one at Cambridge) which was very hard work alongside degrees too, lots and lots of relevant extracurricular activities eg positions of leadership and responsibility/ team work/ managing large budgets, writing for student and non-student publications, winning law essay prize, actively involved in uni Law Soc etc etc.
Across the last 3 years, as an example, DS2 has now had 7 Vac Schemes offers, 5 of which he was able to do, as two of them clashed with other ones, so he had to give those up. Really difficult, as he'd put in hours of work to get so far with every applications and then wasn't able to accept 2 Vac Schemes. (This happened also to DS1, who had to let go of one VC offer as it clashed with another). He also progressed to final rounds for some other Vac Schemes and some TCs.
I think he's made around 15+ applications per year/round - possibly more and each time, spends days researching the firm and tailoring his application for each firm, might also have done Insight Days/Open Days with them. So that's roughly 45+ applications across the past 3 years whilst doing his degree, his finals, his PGDL. He's very good at juggling a lot of work and responsibilities and can manage on 4 hours sleep or less, if necessary.
It's incredibly tough as he's now on the fourth year of applications and there doesn't seem to be an obvious reason why he's not actually getting a TC offer at the end.
Last time round, he was told he'd done particularly well at the Vac Schemes for at least 2 of the firms, (his supervisor even commented that he was better than many of their trainees and other VC candidates), 'happily' did a four hour commute each day, getting up at 5am, yet often first to arrive, last to leave, asked for and completed extra work successfully beyond the VC remit. Everything looked positive.
However, at The Assessment Centre Day - ie the actual assessment for the TC, where he competed with lots of non VC applicants too, he just didn't get a TC offer at any of the firms.
As usual, he had to wait around 6 months for a short, 'feedback' call with HR, often with someone who'd never met him and was just reading from a feedback form. Each time, feedback is very generic. Both he and DS1 have often been told, "You were very good but at this stage, we need you to be perfect in everything".
Neither really knows what that means, if they've been told they scored highly in all assessment tasks, were particularly good at the partner interview bit, great at the teamwork task, great at presentation, showing commercial awareness etc etc, then what's not working?
It was also very interesting that he was told quite clearly, "Your performance on the Vac Scheme doesn't matter/ doesn't count. Everything goes on the Assessment Centre Day and it's a level playing feed for all applicants at that point, which includes those who applied directly for a TC and didn't do the VC and those who are currently paralegals at the firm."
That's not what I thought happened. I'd assumed that it the firm actually likes you a lot whilst you're working alongside lawyers, why would the VC not really count towards your chances of getting a TC offer?