Hi Andrew! From my point of view being commercially aware is as you said keeping on top of news stories as a seating point. Secondly, forming an opinion on those stories. This is important – I find that I can only form informed opinions on pieces of news that I find interesting or where I have followed the new story into an emerging trend. This makes it easier for me to have an opinion on what is to come for that emerging trend. Lastly, when it comes to commercial law firms, they will want to know how business stories will affect their clients, sectors and practice groups. Being commercially aware also means knowing how the business world works in general and being able to apply it to fictitious scenarios during case study exercises etc 🙂 I hope this helps somewhat!