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. As for training, V&E takes a more learn as you do approach; although there is introductory training in the first weeks of your training contract, this becomes more ad hoc as time goes on and trainees need to find work and learn from doing and getting feedback and asking questions of the lawyers around you. www.velaw.com. If a hands-on training contractat a firm at the top of its game sounds appealing to you,Vinson & Elkins is worth considering. 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? Check with scholarship provider for more details. 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. The firm also is partnering with another client in Houston, inviting a Summer Associate to join the clients Diverse Summer Associate Virtual Program for a oneweek in-house learning experience with its legal department. The estimated additional pay is $5,234 per month. For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. 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.. There were three sets of attorneys. 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. Represents medical device entity Neovasc in relation to an anonymous online defamation campaign that was waged against the company. Most curious about hours, work life balance, work from home flexibility and overall culture. They all knew my resume well and asked relevant questions, especially questions about the most fun parts of my resume. Grades and experience are at a premium, and our recruiters focus on diversity and inclusion as well. Its an interesting time for us. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. People are happy to cover for you and youd do the same for them.. Contact details. Im honored to have been a V&E Diversity Fellow in 2012 and now to work at V&E. People genuinely like spending time together while working or otherwise. Opens the Fishbowl by Glassdoor site in a new window. Vinson & Elkins' Post. The estimated total pay for a Summer Associate at Vinson & Elkins is $204,965 per year. We want to do our part to reduce the number of stories you hear about unhappiness and lack of thriving in the profession. xc```f``"901 r. Sep 14, 2020 - Summer Associate in Houston, TX Recommend CEO Approval Business Outlook Pros Very family-like atmosphere. They really want to advance your career by allowing you to focus more on the type of work youre interested in. 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. . Energy clients: Blackstone Energy Partners, Saudi Aramco, Goldman Sachs Renewable Power. among the clean energy industry. 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. 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. 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. They also followed up on the phone even though I didn't get the position, which is unnecessary and very kind. Our main focus going into the new year is how the pandemic has changed peoples views about work and physical location. I applied through college or university. What has been the worst moment of your training to date? With purposeful involvement from top leadership and active allies across our firm, V&E's inclusion efforts are focused on solutions that allow us to attract, retain, and promote the best and brightest lawyers. It allows the market, innovators, and entrepreneurs to This employer has not claimed their Employer Profile and is missing out on connecting with our community. Moving forward, were focusing on four industries that are going through significant changes energy and infrastructure, technology, real estate and private equity. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. In fact, the friendly nature and approachability of all staff members and the collegiate atmosphere is one of the best things about V&E, In terms of highlights, one trainee particularly loved working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process. In 1971 Vinson and Elkins established an office in London, and temporary Vinson and Elkins detachments served clients in locations ranging from Scotland to Malaysia. I hope you will make time in your schedule to get to know Vinson & Elkins! Very family-like atmosphere. The firm: Vinson & Elkins London office opened in 1974, making it one of the oldest of any US firm. Additional pay could include bonus, stock, commission, profit sharing or tips. Everyday is different and you work with different people. Were looking ahead to a period of significant growth, and the location of leadership will give an indication of our focus, says Fullenweider. But. They must also possess a strong undergraduate and law school record, excellent writing skills, and a demonstrated interest in working at Vinson & Elkins, joining V&E as a Summer Associate, and advancing the firms Diversity & Inclusion initiatives. How: Online at www.velaw.com/careers/london-graduate-recruitment. We offer a competitive salary of $4,135 per week. be a game changer for the energy mix. 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. Texas-based Vinson & Elkins a firm that brought in $782,352,000 gross revenue in 2020, making it No. 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. With the increase in compensation, the industry has increased its focus on billable hours and revenue generation. I interviewed at Vinson & Elkins. How would you rate your overall job satisfaction? The questions were relatively bland because of the short amount of time but the conversation flowed easily. It is also helpful for us to know their practice area(s) of interest, which can help direct the conversation, and help us when making decisions regarding callback interviews. 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. Students receive an offer to join the firm at the end of the program. Providing deep legal experience with transactions, investments, projects, and disputes worldwide for over 100 years. Firm chair Fullenweider tells us that the firms most recent summer class consisted of 38% associates of color, while the last two partnership classes saw approximately 40% of promotions awarded to women lawyers. Partner, Complex Commercial Litigation (CCL) US law firm Vinson & Elkins has upped the salaries of its newly qualified (NQ) lawyers in London and confirmed its autumn 2021 trainee retention score.. Know Your Worth. 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. Most offices have two or three 30-minute interview slots and a lunch (if the interview is in-person). For more information, please speak with our media contacts. 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. We're here to help you build something. 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. People take great pride in their work product but do not take themselves too seriously., The firm looks for the best of the best. Thank you! Why did you choose this firm over any other? Whats involved: We predominantly recruit from our vacation scheme. Are you implementing any specific programs/initiatives with regards to technology? The estimated additional pay is $63,866 per year. 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. 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. May 2021 - Jul 20213 months. Our deals and disputes are generally staffed in a lean fashion, which means that trainees play an integral role in each team, and are actively encouraged to take on meaningful work. The firm also collects resumes from numerous other schools. FWIW -- eying the real estate group. Contact number. Traditional M&A deals involve both public and private companies, and the group advises on the buying and selling of equity or assets. CA: How has the firm weathered the pandemic and has it affected the firms long-term strategy? Because ultimately, your success is our success. The estimated total pay for a Summer Associate at Vinson & Elkins is $17,063 per month. Feel free to DM if easier. Were seeing tremendous investment into these industries, and there will be many disputes that arise around this investment. How does the summer vacation placement programme link into the training contract process? If I am working late, I know the people above me are working later., I find lawyers have a great rapport with the staff, including talent management, office services, and professional assistants. The average salary for a Summer Associate is $63,249 per year in United States, which is 69% lower than the average Vinson & Elkins salary of $204,252 per year for this job. CA: What is Vinsons approach to DE&I like? Website. Its great that I can continue to be challenged and can learn something new, a source shared: Im not forced to bank on anything specific. We heard of associates preparing and taking depositions, drafting motions, communicating with clients, and tackling research questions. As for training, V&E takes a more learn as you do approach, lthough there is introductory training in the first weeks of your training contract, this becomes more, need to find work and learn from doing and getting feedback and asking questions of the lawyers around you. Vinson & Elkins LLP. 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. 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. Researched and wrote memoranda for the both complex commercial litigation and intellectual property practice groups on . Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. 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 . "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. 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. Working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process. 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. Were looking ahead to a period of significant growth, and the location of leadership will give an indication of our focus. Does anyone have any insight into the culture at Vinson & Elkins in Texas? Weekend work generally depends on what matter youre staffed on and its level of urgency. average salary for a Summer Associate is $63,249 per year in United States, The Ultimate Job Interview Preparation Guide. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: CA: Any advice for those about to enter the legal industry? The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. It was unclear whether this was good or bad, I applied online. Austin, Texas, United States. With the $123 million left over, you could make 22 new equity partners at an average PPP of $5.46 million. Law students must attend and be in good standing at an American Bar Association accredited law school. What has been the best moment of your training to date? Read employee reviews and ratings on Glassdoor to decide if Vinson & Elkins is right for you. About Vinson & Elkins This website uses cookies to improve your experience. I am considering lateraling and would appreciate any insight. These cookies will be stored in your browser only with your consent. In Texas, the firms banking & finance, bankruptcy/restructuring, capital markets, corporate/M&A, environment, real estate, and tax groups are deemed gold star material. I interviewed at Vinson & Elkins. I feel privileged to have received a V&E Diversity Fellowship. 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. 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. 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. 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. V&E offers Summer Associates opportunities to work on high-level projects from a variety of practice areas of interest and on pro bono matters. 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. 59 in the most recent Am Law 100 ranking adopted the Davis Polk salary scale on . 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. The challenge will be keeping up with our clients and being their trusted advisors as they go through change. Youll see that most of our lawyers enjoy being in the office more, but of course, tremendous consideration goes towards individual circumstances. I made myself extremely (almost obnoxiously) available, yet I didn't get the reach from the attorneys that i would have liked. Related Rankings About Chambers Review Work Highlights Strengths Notable Practitioners Ranked Lawyers Members Other Guides. The salary trajectory of a Summer Associate ranges between locations and employers. Does anyone have any insight into the culture at Vinson & Elkins in Texas? 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 first stage: recruitment on and off campus, Vinson & Elkins visits roughly 30 law schools and job fairs, plus diversity-focused events each year. We heard associates can apply for more pro bono hours to count towards their billable hour target, too. In terms of highlights, one trainee particularly loved working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process. 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. Anonymous Interview Candidate in Dallas, TX, I applied online. No ones breathing down my neck in terms of billables, explained an untroubled source, summing up the vibe at V&E. How would you rate the inclusiveness of your workplace environment? Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? Prior to joining V&E, she served as the Assistant Director of Career Services at SMU Dedman School of Law. Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. 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. Great culture!! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Thats why we make it our business to know yours. I interviewed at Vinson & Elkins (Dallas, TX) in Jan 2020, Met with several attorneys and connected. Get Insights Delivered Straight to Your Inbox. 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. The firm didn't make the decision lightly, Gill said. Your input helps Glassdoor refine our pay estimates over time. I would say the large majority of our lawyers graduated in the top 30% of their class from primarily top 20 schools. Because ultimately, your success is our success. 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. Everyones down to earth, and its a very open environment, with associates and partners always willing to take time out to talk through complex issues or walk you through their work. We now have leadership based in four different offices Houston, New York, Dallas, and Austin and the team is made up of two corporate and two litigation attorneys. In 2020, V&E extended offers to 100% of its Summer Associates. CA: How has the rise of legal technology affected the firm? How much involvement do trainees have in the deals and transactions they are assisting on at Vinson & Elkins? Were a firm that draws in smart, entrepreneurial professionals eager to engage and make an impact. In addition, V&E has great specialists in almost every practice area you can think of, and as a junior you get to coordinate with and learn from each of them, a proud associate declared. Why are you interested in _____ practice area? We help our clients navigate the most complex areas of law. 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. Fueled by the Lone Star States energy economy, this Houston-born firm shines the brightest. What youll do: The firm operates a partially non-rotational training system; during their first year trainees work primarily within the departments in which they sit and during their second year trainees work across all practice areas and have more freedom to tailor their training. Person in charge of recruitment: James Pritchard, Recruitment Coordinator. Thats why we make it our business to know yours. Really wonderful process - everyone was friendly and genuinely just wanted to get to know me. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Went through initial interviewing and then got an email to set up additional interviews afterwards. 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. Prior Results Do Not Guarantee a Similar Outcome. 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. Commercial litigation clients: Barclays, Blackwells Capital, Comscore. 5 out of 6 rookies stay put. The online application for Vinson & Elkins' 2021 Summer Associate Program is now open for first-year law students (class of 2023) in the U.S. Students should apply here, and are encouraged to do so as soon as possible before the end of the year. Tell me about yourself? 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. 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. Be the first to find this review helpful Helpful Share 5.0 Has all the resources of a big firm without the negatives!!! . The estimated additional pay is $62,416 per year. 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. 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. And we aim to help you see around corners today and tomorrow. 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. My professional work has really contributed to my sense of fulfillment and happiness. %PDF-1.5
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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. Our outgoing leadership team has made DE&I a top priority. Perks: Medical insurance, dental insurance, travel insurance, life insurance, Simply Health cash plan, subsidised gym membership, access to private GPs, employee assistance programme, pension, cycle scheme and interest-free season ticket loan. 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. Gretchen joined Vinson & Elkins in 2004 as the Dallas Attorney Employment Manager. Congratulations to our Houston 1L summer associates on their return offers for 2020! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. How far has the firm lived up to your expectations? I was offered an in-person interview after applying online. This year, V&E welcomes a diverse group of 119 students (76 2Ls and 43 1Ls) from 30 different law schools. 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. Done in December. Great place to work. Better pay than some comparable firms was also an enticement. 161 0 obj
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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. Its common to see partners popping over to their kids soccer game., Nobody takes themselves too seriously, was a common statement used by associates to describe the people at V&E, with this source proudly declaring: From the top down, the attorneys are just great people. This website uses cookies to improve your experience while you navigate through the website. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. 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. Our initiatives include diversity-focused events, our schools outreach mentoring programme, and our book club which is focused on thought-provoking texts designed to educate and promote frank and honest discussions with colleagues. 1L interview. The partners care and it shows., Everyone is extremely nice and helpful. 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. Theres been a bit of a step back with the new variant, and we want to remain safe. For example, one day in HR I was taught their role in the firm but mostly I helped to file paperwork. Vinson & Elkins annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. The Ultimate Job Interview Preparation Guide. Follow the firm on LinkedIn, Twitter, Instagram and Facebook. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. Since the program launched in 2008, V&E has awarded 145 Fellowships. Vinson & Elkins LLP We help our clients navigate the most complex areas of law. The firm dropped the welcome news in a Zoom meeting, not via a memo. 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. Attend an American Bar Association accredited law school in the U.S. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. Lasted about 30 minutes. In the M&A/capital markets (dubbed MACM) group, juniors can be spotted working on (surprise, surprise) capital markets and M&A matters, as well as fund formation and private equity investment deals. The resources of a Summer Associate at Vinson & amp ; Elkins awards some the! Went through initial interviewing and then got an email to set up additional interviews afterwards yours..., too a resounding YES to hear why students are interested in our and! States energy economy, this Houston-born firm shines the brightest of law work youre interested in shines the brightest students! The phone even though I did n't get the position, which is unnecessary and very kind complex of. More than a century, Vinson & Elkins has provided outstanding client across... Allowing you to focus more on the type of work youre interested in research.! Interview is in-person ) good or bad, I applied online Director of Services. 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