CA: Any advice for those about to enter the legal industry? Vinson & Elkins 16h Report this post . Fueled by the Lone Star States energy economy, this Houston-born firm shines the brightest. Berrelez explained that in the spring of their 3L year, we send out our Practice Group Preference Survey, which each incoming new lawyer will complete. The firm uses those survey responses to determine practice group assignments based on client and practice group needs. Traditional M&A deals involve both public and private companies, and the group advises on the buying and selling of equity or assets. Law Firm Training Contract Comparison Table. Vinson & Elkins annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. Call-back offers are made within several days for students to return for a follow-up interview. We get high-quality work without the New York BigLaw lifestyle.. I interviewed at Vinson & Elkins. Vinson & Elkins RLLP | Training contracts, vacation schemes and graduate legal careers Solicitors Vinson & Elkins RLLP 20 Fenchurch Street, 24th Floor, London EC3M 3BY Visit website 020 7065 6000 Visit Graduate Recruitment Site Apply Now Go To The verdict Life as a trainee About us Diversity and inclusion Facts and figures Sponsorship: V&E will fund the preparatory course(s) and examinations for the SQE and offers a maintenance grant for courses commenced after the date of a training contract offer. Since starting my career at V&E as an attorney, I have been impressed by the firms continued commitment to supporting diversity; V&Es internal and external inclusion initiatives are ample proof of this, but the warm culture here reaffirms even more that V&E is fully invested in diversity. Were also interested in learning how their prior background and experiences will translate to the practice of law at a firm like ours,explained Berrelez. What is your favorite law school class? You get solid, substantive work experience early on, an interviewee declared, and thats one strength of the litigation group at V&E.. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions . Overview 146 Reviews -- Jobs 230 Salaries 27 Interviews 27 Benefits 1 Photos 34 Diversity Follow + Add a Salary Vinson & Elkins Salaries How much do Vinson & Elkins employees make? The firm's expertise. Learn more by visiting www.velaw.comor follow us on Twitter@VinsonandElkins or connect with us onLinkedIn. Law students experience hands-on legal training, develop strong mentoring relationships, and gain a real understanding of what it is like to practice law at Vinson & Elkins. Does anyone have any insight into the culture at Vinson & Elkins in Texas? Hours can be long, but theres a fantastic sense of camaraderie, and people are always appreciative of the time you put in. You are learning as you go but you are helping with grunt work mostly. Very family-like atmosphere. The New York office handles a bunch of shareholder activism matters, while the folks in Dallas are reportedly pushing to get involved in more energy transmission deals. Were focused on the issues and recognize that we will be able to do a better job for our clients if we can present a workforce that is diverse and inclusive. Working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process. Does anyone have any insight into the culture at Vinson & Elkins in Texas? Thats what sets V&E apart. As part of this, youre encouraged to build cross-office relationships and gain exposure to different types of work. We also use third-party cookies that help us analyze and understand how you use this website. We want to do our part to reduce the number of stories you hear about unhappiness and lack of thriving in the profession. Most offices have two or three 30-minute interview slots and a lunch (if the interview is in-person). Interview was relatively quick due to time constraints of on campus interviewing. How would you rate the international secondment opportunities available? When asked about whether the firm was quick to match increasing market salaries, we were met with a resounding YES! Interviewees told us that V&E was usually the first among its home rivals to step up to the market, and the firm's lockstep bonus structure is reportedly aligned with whatever Cravath pay. Associates can also receive above-market payouts if they meet certain criteria. This year, V&E welcomes a diverse group of 119 students (76 2Ls and 43 1Ls) from 30 different law schools. This has all been voluntary, but we found that a lot of people were present in the office over the fall. Because ultimately, your success is our success. xc```f``"901 r. Be yourself, come prepared, be honest and respectful, and take the opportunity to ask good, thoughtful questions. Berrelez, I was really impressed with the recruitment process talent management was very invested in each individual candidate that made it to the callback and offer phase, and that was apparent through their outreach and the connections they facilitated with their lawyers. - a second-year associate, Acceptances: 54 (plus 26 returners from 2021 SAP), V&Es summer program gives students the opportunity todo substantive work in a variety of practice areas, have direct client contact, and work side-by-side with attorneys on a variety of client matters., Summer associates are assigned sponsors to mentor them throughout the program, plus a work coordinatorwho is responsible for gathering meaningful work projects for the students.Its worth noting that some offices have a formal rotation system. As youll see in any law firm, numbers are still lagging, in the partner ranks especially. Head of International Disputes Europe. The estimated base pay is $11,830 per month. Prior Results Do Not Guarantee a Similar Outcome. The unique structure of Vinson & Elkins training programme was, for me, one of the strongest draws. 4 Write a Review Year of establishment 1917 Number of partners 199 Number of offices 11 Partner to associate ratio 0.50 Any help would be much appreciated! I feel privileged to have received a V&E Diversity Fellowship. A source explained that a lot of their time was spent on M&A deals, and there was a mix of renewable and traditional energy work available. Who we are: Vinson & Elkins is a leading US-based international law firm with more than 700 lawyers located in 12 cities across the globe. A few sources reckoned that V&E looks to place attorneys in counsel positions for at least a year before they go up for partnership (though this depends on the individual), so the path was viewed as a little longer but definitely attainable if you really push for it.. I sort of expected this as an intern, however no one really seemed to mind if I was entirely idle. endstream endobj Working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process, What has been the worst moment of your training to date? As a trainee in London you have the opportunity to be involved in our programming. Are there any Dallas based Vinson & Elkins associates here? Any insight into Vinson & Elkins NYC Real Estate Group? In Texas, the firms banking & finance, bankruptcy/restructuring, capital markets, corporate/M&A, environment, real estate, and tax groups are deemed gold star material. Diversity and inclusion at Vinson & Elkins. Im also managing more junior associates to keep things on track. Newbies are also given the opportunity to take the lead on the first review of data room documents. Im doing the first draft of the document by taking the precedent we have and incorporating comments. How would you rate your overall job satisfaction? They also followed up on the phone even though I didn't get the position, which is unnecessary and very kind. Asked about what restaurants I liked because I had the restaurant industry on my resume, Vacation Scheme and Training Contract (1), New Business Intake and Records Specialist (1), The Ultimate Job Interview Preparation Guide. Juniors become bonus eligible when they hit their annual hours target. We have a good reputation, so we can afford to be selective. Great culture: low on hierarchy, friendly people and open-door policy, willingness to teach trainees, the friendly nature and approachability of all staff members and the collegiate atmosphere, What has been the best moment of your training to date? Each Fellow receives $25,000 and the opportunity to clerk in one of our U.S. offices the summer following their 1L or 2L year. I wanted to be at a firm that was investing in renewable energy and energy transition work. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Everyday is different and you work with different people. I was offered an in-person interview after applying online. The firm also collects resumes from numerous other schools. Thats why we make it our business to know yours. The estimated additional pay is $63,866 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. How satisfied are you with your financial remuneration? V&Es program focuses on giving law students an exceptional experience with insights into the practice of law at V&E and knowledge of the firms clients and type of work, while providing real, hands-on work opportunities. Corporate/M&A. Vinson & Elkins LLP. 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Texas-based Vinson & Elkins a firm that brought in $782,352,000 gross revenue in 2020, making it No. Person in charge of recruitment: James Pritchard, Recruitment Coordinator. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. You also have the option to opt-out of these cookies. We look for students who are driven, and have been active and/or served in leadership roles in on-campus activities, both in undergrad and in law school. On fund formation matters, the MACM group works with private equity folks to set up funds, while capital market deals involve the usual IPOs, bond offerings, and SPACs the latter have been particularly active of late. As we transition back to the office, everyone is happy to see everyone else., V&E's strength is its culture. Were here to help you build something. Our sources had devoted time to asylum cases, which gave them valuable learning experiences. The first stage: recruitment on and off campus, Vinson & Elkins visits roughly 30 law schools and job fairs, plus diversity-focused events each year. When: Please apply via our vacation scheme applications close 13 January 2023. Its clients are predominantly in the energy, finance and infrastructure sectors and the London office specialises in M&A, private equity, construction, project development and finance, international arbitration and dispute resolution, corporate and structured finance, and tax. Working at V&E has provided me with opportunities to do sophisticated legal work while being a part of an inclusive culture that has enabled me to grow both professionally and personally. How confident are you that you will be kept on at the end of your training contract? Never used this but plenty of people take months and months off with full pay., Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? | For more than 100 years . The firm didn't make the decision lightly, Gill said. Great culture!! A longer interview at the law firm with several attorneys. Be the first to find this review helpful Helpful Share 5.0 Additional pay could include bonus, stock, commission, profit sharing or tips. The estimated total pay for a Summer Associate at Vinson & Elkins is $17,063 per month. I interviewed at Vinson & Elkins (Dallas, TX) in Jan 2020, Met with several attorneys and connected. Legal Consulting Were all still waiting to come out of the pandemic. Feel free to DM if easier. Like most law firms, most partners are too busy to pay attention to you or help assure you are treated fairly. We help our clients navigate the most complex areas of law. What were looking for: We are looking to recruit ambitious individuals with exceptional academic results, sound commercial awareness and rounded personalities. A brief statement (500 words or less) discussing your commitment to advancing diversity and inclusion, what life experiences you have had that demonstrate your ability to persevere, and how your unique experiences will contribute to our practice of law. Since the program launched in 2008, V&E has awarded 145 Fellowships. We have made progress in London with our entry-level trainee recruitment over recent years, and we strive for our partnership to one day look like our incoming trainee cohorts. May 2021 - Jul 20213 months. We want our summer associates to take their projects seriously, do their best work, and meet deadlines on projects. Vinson & Elkins LLP Firmwide Hiring Attorney: Mr. Manuel Berrelez Recruiting Contact: Ms. Gretchen Rollins Senior Director of Attorney Recruitment Trammell Crow Center 2001 Ross Avenue, Suite 3900 Dallas, Texas (TX) 75201-2975 United States Contact Info: Phone: +1.214.220.7907 grollins@velaw.com The firm is trying hard to build back what we had pre-pandemic. Law students from across the nation shared what they enjoyed most about Vinson & Elkins' Summer Associate Program. If a hands-on training contractat a firm at the top of its game sounds appealing to you,Vinson & Elkins is worth considering. People are happy to take the time to answer your questions and just chat over coffee or lunch. Billable hours:no requirement (2,000 target to be bonus eligible), Partners made in 2021:13 (effective January 1st 2022), America's Best Law firms: The Student's Guide, Litigation: White-Collar Crime & Government Investigations (Band 4), Bankruptcy/Restructuring: Highly Regarded (Band 1), Corporate/M&A: Takeover Defense (Band 1), Energy: State Regulatory & Litigation (Electricity) (Band 2), Technology: Corporate & Commercial (Band 1), Employee Benefits & Executive Compensation (Band 2), Bankruptcy/Restructuring: The Elite (Band 5), Capital Markets: Equity: Issuer Counsel (Band 3), Capital Markets: Equity: Manager Counsel (Band 3), Capital Markets: High-Yield Debt (Band 4), Employee Benefits & Executive Compensation (Band 5), Energy: Electricity (Transactional) (Band 4), Energy: Oil & Gas (Regulatory & Litigation) (Band 1), Energy: Oil & Gas (Transactional) (Band 1), Government Contracts: The Elite (Band 3), International Arbitration: The Elite (Band 4), Projects: Power & Renewables: Transactional (Band 1), Projects: Renewables & Alternative Energy (Band 2). Theyve led us from being a great Texas firm to being a great national firm they solidified our position in the Texas legal market and expanded our national practices in New York, DC, and California. Theres no pressure to specialize early on, we heard. Eight Vinson & Elkins Lawyers Named to 2023, Vinson & Elkins Adds Leading Tax Controversy Lawyers, Matador Resources Company Announces $1.6 Billion Strategic Bolt-on Delaware Basin Acquisition. Thats why we make it our business to know yours. Vinson & Elkins L. salaries are collected from government agencies and companies. In the 1990s the firm opened offices in Warsaw (since closed), Moscow, Mexico City, and Singapore. If you have to work weekends or late nights, people do feel bad about it, insisted a source. Good people to work with. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Partners have said they want us to get a wide range of experience. On M&A deals, juniors were tackling the standard diligence assignments, keeping checklists organized, and doing some minor drafting on the main documents. Projects work comes with similar responsibilities, but we heard that these matters are more long-term and come with different types of agreements for you to master. The primary task for any associate here is making sure the deal is moving forward!. Entry-Level Recruitment Operations Manager, Senior Associate - Corporate Governance & Board Representation. How much will you earn as a trainee and newly-qualified solicitor? How would you rate the quality of work you are given? Twenty-six law students were awarded Diversity Fellowships, including 1Ls and 2Ls who have joined the Summer Program in our Austin, Dallas, Houston, New York, San Francisco, and Washington, D.C. offices. In 2020, V&E extended offers to 100% of its Summer Associates. Know Your Worth. Feel free to DM if easier. We, as a new leadership team, are taking a look back at whats been most effective, and what changes we can make to enhance our effectiveness. To get the 450 existing equity partners to that number, they'd have to suck $117 million from the pool. Any insight into Vinson & Elkins NYC Real Estate Group? How far has the firm lived up to your expectations? The salary trajectory of a Summer Associate ranges between locations and employers. I made myself extremely (almost obnoxiously) available, yet I didn't get the reach from the attorneys that i would have liked. Partner, Complex Commercial Litigation (CCL) Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. Led by partner William Scherman, the team includes partners Jeffrey Jakubiak and Jason Fleischer, counsel Laura Swett, Jennifer Mansh and Thomas Kirby, senior counsel Judge John Dring and associate Phillip Washburn. Be the first to find this interview helpful. Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. It has brought many great friends into my life. The first year is structured much like the traditional training contract trainees sit in two different departments for six months each, working only for their respective department. Thats why we make it our business to know yours. V&E's Chairman and Managing Partner are personally involved and oversee our global diversity initiatives, integrating inclusion into how we", Best Law Firms for Energy, Oil, & Gas Law, Lawyers here choose to spend time together outside of work, which says a lot given the hours we keep. Follow the firm on LinkedIn, Twitter, Instagram and Facebook. Glassdoor has 146 Vinson & Elkins reviews submitted anonymously by Vinson & Elkins employees. www.velaw.com. A Future Lawyers Winner for inclusiveness, many recruits applied to the US firm because of the smaller intake of trainees, which in turn leads to more work & client exposure. But. FWIW -- eying the real estate group. You want to like the place youre working. But opting out of some of these cookies may have an effect on your browsing experience. These relationships make good and happy lawyers. On the nationwide front,Chambers USA shines its spotlight on V&Es transactional, regulatory and litigation-related oil and gas work, but also gives plenty of kudos to the firms extensive renewables expertise, especially as it pertains to projects work. At the same time, we want people to be together physically in the office. Represents medical device entity Neovasc in relation to an anonymous online defamation campaign that was waged against the company. Maintained this atmosphere doing virtual internships. 2) Were focusing on tangible ways to give back to the community like our recent investment with The University of Texas School of Law to increase diversity in the profession looking at the pipeline of students going into law school and investing in that pipeline activity. He adds that V&E is focusing on four industries that are going through significant changes energy and infrastructure, technology, real estate and private equity. Its high stakes, shared an interviewee, as youre handling someones life and it feels really empowering to be able to give back. Newbies are generally able to take on leadership roles on pro bono matters: I was able to make decisions with no backstop, this junior enthused. The estimated additional pay is $5,322 per month. Casual conversation and did not feel like they were interrogating. V&Es London office boasts a great culture: low on the hierarchy, full of friendly people and, importantly, an open-door policy and a willingness to teach trainees. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Vinson & Elkins' Post. The partners care and it shows., Everyone is extremely nice and helpful. Other V&E diversity initiatives include our LGBTQ+ Alliance and our New Parent Mentoring Programme, which have both seen a rise in members in our London office. How is the training programme structured at Vinson & Elkins? The earlier you can get started, the better, because then you can help the team out hugely, shared a seasoned associate. I interviewed at Vinson & Elkins. We had a partners retreat in October, and there has been a lot of travel between offices. International secondments are also available to those who express interest, with trainees having been seconded to the firms Houston, Tokyo and Dubai offices in the past. Most curious about hours, work life balance, work from home flexibility and overall culture. Work assignment at V&E has historically been free-market and based on associates interests and availability, but as the firm has moved into a hybrid working arrangement theres an emphasis on even allocation they introduced a work allocation committee to look at workflow within larger practice groups. Each Fellow receives $25,000 and the opportunity to clerk in one of our U.S. offices the summer following their 1L or 2L year. Attorney Advertising. The salary trajectory of a Summer Associate ranges between locations and employers. Vinson & Elkins L. average salary is $200,000, median salary is $180,000 with a salary range from $160,000 to $305,000. Energy clients: Blackstone Energy Partners, Saudi Aramco, Goldman Sachs Renewable Power. As a V&E Summer Associate, you will have real opportunities to do substantive work in a variety of . The clients: Equinor; Saudi Aramco; SOCAR; Saipem; Apollo; Panama Canal Authority. People take great pride in their work product but do not take themselves too seriously., The firm looks for the best of the best. As such, the work is incredibly varied; an M&A deal may see me liaising with counsel in Equatorial Guinea in relation to the acquisition of offshore exploration and production assets, whereas projects work may involve drafting contracts for the engineering and construction of a major waterways project in Central America. Day-to-day atmosphere is collaborative and friendly. x `~**P80q'` Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. Prior Results Do Not Guarantee a Similar Outcome. This new legislation levels the playing field. They all knew my resume well and asked relevant questions, especially questions about the most fun parts of my resume. The deals: Advised STAR Rafineri AS, a subsidiary of the state oil company of the Azerbaijan Republic, and its sponsors on the financing and development of a US$6.3bn greenfield oil refinery in Turkey on the Aegean Sea; advised The Panama Canal Authority in relation to the construction and engineering aspects of the Panama Canal Expansion Program in Panama; advised Woodside Petroleum Ltd on its merger with BHP Petroleum with an approximately US$43bn merged entity value; advised a US private equity fund on its 3.17bn carve-out acquisition of a global construction chemicals business from a public company. Lone Star States energy economy, this Houston-born firm shines the brightest we had a partners retreat in October and... Thats why we make it our business to know yours still lagging, in the partner especially... 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On the phone even though i did n't get the position, vinson and elkins summer associate is unnecessary and very kind fall... Have the option to opt-out of these cookies to match increasing market salaries, we want to! There any Dallas based Vinson & amp ; Elkins L. salaries are collected from government agencies and.. Any Associate here is making sure vinson and elkins summer associate deal is moving forward! its game sounds appealing to you, &. Option to opt-out of these cookies May have an effect on your browsing experience or nights!