The summer vacation scheme is an integral part of the recruitment process at Vinson & Elkins, with most, if not all, of our trainees being hired through the scheme. The clients: Equinor; Saudi Aramco; SOCAR; Saipem; Apollo; Panama Canal Authority. The partners care and it shows., Everyone is extremely nice and helpful. Average Annual Pro Bono Hours Across Our Communities, Vacation Placement & Trainee Opportunities, Opportunities for Professional Assistants, Support Staff, Paralegals, and More. Overall, were confident in our flexible approach as we go forward into 2022. The firm didn't make the decision lightly, Gill said. why are you interested in litigation? May 20, 2021 Vinson & Elkins' annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. 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. Berrelez added:There also are many social and community activities that give students the chance to get to know their colleagues both fellow summer associates and attorneys in a relaxed environment outside the office.. I applied through college or university. Anonymous Interview Candidate in Dallas, TX, I applied online. More than 15 former Fellows currently practice law at V&E and some have gone on to work in GC roles at V&E clients. Most offices have two or three 30-minute interview slots and a lunch (if the interview is in-person). 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 . In 2019 we booked out Nobu, after which most of the firm took over the local karaoke bar where things probably went on longer than they should have done looking forward to the return of a Christmas party, hopefully this year! Things get a bit more interesting in the second year; trainees are non-rotational, and may pick up or carry forward the work that most interests them. CA: What is the greatest challenge facing the firm in the next decade? Zoom interview with 1 partner and 1 associate. I'm looking to make a third lateral move and really want this to be the last so trying to vet as much as possible. The estimated additional pay is $5,234 per month. Throughout the 8-10 week program, students participate in training programs covering substantive overviews of the firms practice areas, commitment to pro bono and diversity, as well as opportunities to learn more about the day-to-day life of associates. The firm is trying hard to build back what we had pre-pandemic. Its also important that they take advantage of opportunities to get to know our lawyers by attending as many events and networking opportunities as possible. Berrelez, We look for leaders who are problem-solvers, understand business, and are good team players: you cannot be arrogant or condescending. a third-year associate. 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. However, this source was quick to note that although the firm is largely Texas-based, its clients are spread nationally and internationally: We get high-quality work without the New York BigLaw lifestyle. Associates who do fancy New York BigLaw with a touch of southern hospitality can set up camp in V&Es Manhattan base, where the firms bankruptcy and restructuring know-how outshines many a rival. To get the 450 existing equity partners to that number, they'd have to suck $117 million from the pool. Were focusing on tangible ways to give back to the community and looking at the pipeline of students going into law school and investing in that pipeline activity, Fullenweider elaborates. Vinson & Elkins L. salary statistics is not exclusive and is for reference only. As a V&E Summer Associate, you will have real opportunities to do substantive work in a variety of practice areas, have direct client contact, and work side-by-side with accomplished attorneys who care about your success. We had a partners retreat in October, and there has been a lot of travel between offices. Lasted about 30 minutes. Because ultimately, your success is our success. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Vinson & Elkins L. salaries are collected from government agencies and companies. 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). Featured Highlights Insight Winter 2023 Antitrust Cartel Primer Prior Results Do Not Guarantee a Similar Outcome. Vinson & Elkins Is this your company? Vinson & Elkins 16h Report this post . 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. Long hours are not unheard of at the firm,and for one recruit working on a corporate deal and working past midnight for an entire month (weekends included) was a worst moment. In law school we were told women should wear skirts for interviews, but I dont wear skirts, so I thought if thats important to a firm, I dont want to work there. a third-year associate, We want to hear why students are interested in our firm and their city of interest. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. The firm dropped the welcome news in a Zoom meeting, not via a memo. The Ultimate Job Interview Preparation Guide. Hours can be long, but theres a fantastic sense of camaraderie, and people are always appreciative of the time you put in. FWIW -- eying the real estate group. I hold an office lead role for a number of the firms diversity initiatives to support participation and progress in London, as I believe strongly in the work we are doing to achieve equality inclusive of diverse interests, backgrounds, perspectives, race, ethnicity, national origin, gender, gender identity and expression, sexual orientation, age, religion, and physical ability. Additionally, the firm has three SEO Pre-Law Fellows in the Dallas, New York, and Washington, D.C. offices who will participate fully in the program. People are happy to take the time to answer your questions and just chat over coffee or lunch. I'm looking to make a third lateral move and really want this to be the last so trying to vet as much as possible. Having problems? Juniors had no minimum hour requirements for pro bono, but they could count up to 100 hours towards their billable target to reach bonus eligibility. We look at the numbers: our most recent summer class was 38% attorneys of color, and our last two partnership classes have been 40% women partners. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. be a game changer for the energy mix. How satisfied are you with your financial remuneration? The estimated total pay for a Summer Associate at Vinson & Elkins is $204,252 per year. Most curious about hours, work life balance, work from home flexibility and overall culture. Thats why we make it our business to know yours. There will be some fantastic opportunities for Vinson & Elkins to do some of the most interesting legal work. We heard that each office has its own strengths: Houston is reportedly big on M&A, while New York isa go-to for project finance and private equity, and LA deftly handles tax equity matters. Learn more by visiting www.velaw.comor follow us on Twitter@VinsonandElkins or connect with us onLinkedIn. Additional pay could include bonus, stock, commission, profit sharing or tips. Really wonderful process - everyone was friendly and genuinely just wanted to get to know me. It was unclear whether this was good or bad, I applied online. Houston-headquartered Vinson & Elkins LLP is a specialist in the energy and infrastructure sectors. Has all the resources of a big firm without the negatives!!! 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. Casual conversation and did not feel like they were interrogating. Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. Feel free to DM if easier. What is your favorite law school class? Represents medical device entity Neovasc in relation to an anonymous online defamation campaign that was waged against the company. As a trainee in London you have the opportunity to be involved in our programming. It has brought many great friends into my life. Choose a different language and keep reading other reviews. Prior to joining V&E, she served as the Assistant Director of Career Services at SMU Dedman School of Law. Sep 14, 2020 - Summer Associate in Houston, TX Recommend CEO Approval Business Outlook Pros Very family-like atmosphere. Lets say profit per partner grows 5% to $5.46 million. Vinson & Elkins | 21,712 followers on LinkedIn. People are happy to cover for you and youd do the same for them.. V&Es 2021 Summer Associate Program Launches, V&E is excited to welcome two students from the. Vinson & Elkins, led by chairman Mark Kelly, has long had deep relationships with the world's biggest businesses in oil and gas, electricity, mining and petrochemicals. 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. My son is an associate in a major national firm and one of my daughters is going to start law school in the Fall of 2022. How would you rate the work/life balance at your firm? 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. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. The firm also collects resumes from numerous other schools. We also value previous work experience, especially where students have had the opportunity to develop team-oriented skills and demonstrate problem-solving qualities,says Berrelez. They function as someone who can hold your hand while you acclimatize. Another highlighted how partners are very perceptive when it comes to associates career preferences. Since the program launched in 2008, V&E has awarded 145 Fellowships. Gretchen joined Vinson & Elkins in 2004 as the Dallas Attorney Employment Manager. How far has the firm lived up to your expectations? Our sources had devoted time to asylum cases, which gave them valuable learning experiences. Congratulations to our Houston 1L summer associates on their return offers for 2020! 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. How would you rate your amount of client contact? 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. Continuing its focus on building an inclusive workplace, in this years Summer Associate Program: Students began this years Summer Associate Program online, but with the safety of students a priority, V&E expects to have optional, small in-person gatherings later in the summer for students who choose to join. The 2023 1L Diversity Fellowship application is now closed. 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. Its exciting to feel like youre making a real contribution, and to have the opportunity to work closely with everyone from associates to partners. 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. There are four of us in the new leadership team and weve all been actively involved in the firms growth and strategy over the past few years. CA: How has the rise of legal technology affected the firm? Think beyond the billable hours. 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. The process took 5 days. No ones breathing down my neck in terms of billables, explained an untroubled source, summing up the vibe at V&E. The University of Texas is a main law school, as well as all the top 14 law schools., My impression was that the firm values people who value teamwork above any other factor, with a view that as long as people have appropriate foundations, they can train them the rest of the way as needed to reach partnership., I think we're probably one of the more selective BigLaw firms in my market. Get a free, personalized salary estimate based on today's job market. We heard associates can apply for more pro bono hours to count towards their billable hour target, too. M&A/capital markets clients: Bonanza Creek Energy, Apollo Global Management, Enable Midstream Partners. This website uses cookies to improve your experience. Great place to work. Think about developing your relationship skills to become a trusted advisor, a good listener, and a friend to your clients. The estimated base pay is $142,549 per year. At V&E, our inclusion commitment starts at the top with members of our leadership who oversee our firm-wide diversity and inclusion initiatives. CA: How has the firm weathered the pandemic and has it affected the firms long-term strategy? The estimated base pay is $11,830 per month. Making connections with V&Es current lawyers who serve as mentors is also a key strength of the program even in a mostly virtual environment. Weve historically had a flexible culture around office time we've always used technology to help, and weve found that people are happier, more productive, and fulfilled when theyre not tied to their desks. Law students must attend and be in good standing at an American Bar Association accredited law school. This is a fantastic opportunity to tailor your training contract, and offers the chance to develop a deeper understanding of each practice area as you experience deals and disputes from cradle to grave. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The firm's expertise. 4 Write a Review Year of establishment 1917 Number of partners 199 Number of offices 11 Partner to associate ratio 0.50 If youre looking for an opportunity to work with a dedicated team of passionate, high-energy professionals and do rich, meaningful work in a welcoming and diverse environment, we invite you to consider Vinson & Elkins. develop novel technologies and still get the benefit of certain tax benefits that make And we aim to help you see around corners today and tomorrow. 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. xc```f``"901 r. The Womens Initiative in London works to create and sustain a variety of programmes that support our women lawyers, nurture their development, and promote their advancement to all levels of leadership within the firm. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. Weve worked very hard in the past six months in particular to regain physical connectedness. among the clean energy industry. That's why we make it our business to know yours. The firm: Vinson & Elkins London office opened in 1974, making it one of the oldest of any US firm. I hope you will make time in your schedule to get to know Vinson & Elkins! Im doing the first draft of the document by taking the precedent we have and incorporating comments. We are so excited that a number of you accepted our offer on the spot and hope to have you all back with us next. Vinson & Elkins Texas Tower 845 Texas Avenue, Suite 4700 Houston, TX 77002 Phone number: (713) 758-2222 Visit Website: www.velaw.com Summer Program: Learn More Vault Verdict Associate Reviews Why Work Here Getting Hired Here Summer Program Overview Introduction I would say the large majority of our lawyers graduated in the top 30% of their class from primarily top 20 schools. Your input helps Glassdoor refine our pay estimates over time. July 16, 2020 Alongside the firm's 134 summer associates, Vinson & Elkins welcomed two Sponsorship for Educational Opportunity (SEO) pre-law interns to the 2020 Summer Associate Program - Konadu Amoakuh and Virginia Thomas, who will both be attending law school in the fall. University of Nottingham University of Kent, Degree: Senior Status LLB, 2(1), American Studies, 1st. Were seeing tremendous investment into these industries, and there will be manydisputes that arise around this investment., Newbies are assigned a sponsor for their first sixth months at V&E but can subsequently pick a mentor. Also included throughout V&Es Summer Associate Program are development programs such as writing and negotiations workshops and a litigation bootcamp, as well as programs on feedback, mental wellness, and affinity group and social gatherings. The aim is to stay connected to our clients and each other regardless of location. The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. 59 in the most recent Am Law 100 ranking adopted the Davis Polk salary scale on . Better pay than some comparable firms was also an enticement. Corporate/M&A. Vinson & Elkins LLP. "The pandemic has really highlighted how strong some firms can be, while others have fallen short, reflected an associate, and V&E definitely came out on top. V&E offers a number of diversity fellowships that award law students $25,000 and a clerkship opportunity in their 1L or 2L year. Maintained this atmosphere doing virtual internships. Were seeing tremendous investment into these industries, and there will be many disputes that arise around this investment. We help our clients navigate the most complex areas of law. People genuinely like spending time together while working or otherwise. If you did a vacation scheme with your firm, how would you rate it? Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. The firm also highlighted it was trying to grow its real estate group. . It allows the market, innovators, and entrepreneurs to Ranked Offices Provided by Vinson & Elkins LLP USA - Head office Houston 845 Texas Avenue, Houston, Texas, USA, TX 77002 Web: www.velaw.com Tel: +1 713 758 2222 Fax: +1 713 758 2346 View ranked office USA Austin 2801 Via Fortuna, Suite 100, Austin, Texas, USA, TX 78746-7568 View ranked office Dallas 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Everyday is different and you work with different people. Attorney Advertising. With the $123 million left over, you could make 22 new equity partners at an average PPP of $5.46 million. 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. Any help would be much appreciated! Read employee reviews and ratings on Glassdoor to decide if Vinson & Elkins is right for you. In an email to summer associates, Vinson & Elkins hiring partner Steve Gill said that the firm is delaying the start of its 2020 program to no earlier than June 15. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. At this stage, the students are meeting more attorneys from their practice areas of interest, so we are expecting students to be able to give more insight into how they became interested in a specific practice area, explained Berrelez. 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. Just as DC attracts those interested in government work and New York draws those with a hankering for high-flying finance matters, Texas has long been the go-to destination if energy is a core focus for a burgeoning legal career. Given the highly selective nature of the Diversity Fellowship and the limited number of Fellowships available, students are encouraged to submit applications at their earliest convenience. Attend an American Bar Association accredited law school in the U.S. Maintained this atmosphere doing virtual internships. Juniors learn the ropes through admin tasks, but alongside this theres plenty of opportunity to hone more advanced drafting skills. 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? A longer interview at the law firm with several attorneys. The estimated base pay is $11,699 per month. Advising 8 Rivers Capital on two clean energy projects, including one that will be built in Illinois and help to decarbonize industrial, transport and electricity sectors. | For more than 100 years . There were three sets of attorneys. Interviews at Vinson & Elkins Experience Positive 67% Neutral 33% Getting an Interview Applied online 75% Campus Recruiting 25% Difficulty 2.6 Average Hard Average Easy Interviews for Top Jobs at Vinson & Elkins Summer Associate (6) Associate (4) Summer Vacation Scheme (3) Vacation Scheme (2) See more interviews for top jobs 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. Dont mistake Texan charm for a laid-back approach to work, however: Everyone tries to be the best attorney they can be, and people arent afraid to give you constructive criticism and thats never felt awkward.. V&E is continuing its long-running partnership with Leadership Council on Legal Diversity to offer 1Ls a three-day . 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, investments, projects and disputes across the globe. Because ultimately, your success is our success. How much will you earn as a trainee and newly-qualified solicitor? If you have to work weekends or late nights, people do feel bad about it, insisted a source. We have a good reputation, so we can afford to be selective. Today, Vinson & Elkins announced to associates they were increasing salaries to the new Davis Polk compensation scale. Its an interesting time for us. Main Office: 1001 Fannin Street, Suite 2500 | Houston | TX | 77002 Phone: 713-758-2222 | Fax: 713-758-2346 Follow Leave a review Overview Salary & Benefits Reviews Jobs Write a Review Vinson & Elkins LLP. CA: Any advice for those about to enter the legal industry? Its clear to see how our Texan roots have shaped the firms values; the sense of community and support are apparent as soon as you set foot into the office. Vinson & Elkins' Post. Prior Results Do Not Guarantee a Similar Outcome. How would you rate your overall job satisfaction? How: Online at www.velaw.com/careers/london-graduate-recruitment. Working on a corporate deal and working past midnight for an entire month (weekends included), Houston-headquartered Vinson & Elkins LLP is a specialist in the energy and infrastructure sectors. Be the first to find this review helpful Helpful Share 5.0 Many of our lawyers were also on law review or took part in other prestigious activities. How accurate is this most likely Total Pay range (base + additional) of $154K-$275K/yr? Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? Vinson & Elkins is synonymous with this kind of work - particularly renewables and transitions - but you should also be aware that it sets its sights on sectors beyond energy, particularly when it comes to technology, infrastructure, and real estate. We have a new leadership team that started on January 1, 2022, replacing our current team which oversaw a period of tremendous success. Related Rankings About Chambers Review Work Highlights Strengths Notable Practitioners Ranked Lawyers Members Other Guides. Some related job titles areLaw Clerk salaries with median pay of $60,523,Summer Analyst salaries with median pay of $101,349,Summer Intern salaries with median pay of $42,151,Associate Consultant salaries with median pay of $89,003. The estimated total pay for a Summer Associate at Vinson & Elkins is $17,021 per month. But opting out of some of these cookies may have an effect on your browsing experience. Our main focus going into the new year is how the pandemic has changed peoples views about work and physical location. Lawyers can have big egos and be hard-headed, but I have yet to meet a V&E attorney with an ego problem. New Yorkers identified a southern feel to the office that was in keeping with the polite and considerate atmosphere recorded in the Texas bases. For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. 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. 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. I feel privileged to have received a V&E Diversity Fellowship. Ive had a really good experience with vacations, emphasized another interviewee, echoing the views of others, who told us that colleagues pick up work to allow people to enjoy their time off: People are happy to cover for you and youd do the same for them. Our survey respondents reported that theyd worked an estimated average of 48 hours in the preceding week and had taken an average of five vacation days in the last 12 months. Grades and experience are at a premium, and our recruiters focus on diversity and inclusion as well. We're here to help you build something. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. The majority of juniors on our list were based in the firms Houston office, followed by Dallas and New York; the remaining offices took on a handful each. Contact details. Be the first to find this interview helpful. 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