Were all still waiting to come out of the pandemic. Opens the Fishbowl by Glassdoor site in a new window, Tell me about yourself, tell me about a favorite class. Grades and experience are at a premium, and our recruiters focus on diversity and inclusion as well. Vinson & Elkins 16h Report this post . Juniors become bonus eligible when they hit their annual hours target. For more information, please speak with our media contacts. Were seeing tremendous investment into these industries, and there will be many disputes that arise around this investment. Casual conversation and did not feel like they were interrogating. Like most law firms, most partners are too busy to pay attention to you or help assure you are treated fairly. I sort of expected this as an intern, however no one really seemed to mind if I was entirely idle. We have a good reputation, so we can afford to be selective. 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 much involvement do trainees have in the deals and transactions they are assisting on at Vinson & Elkins? Providing deep legal experience with transactions, investments, projects, and disputes worldwide for over 100 years. Thecommercial litigation group certainly keeps associates on their toes: One minute youre working on an arbitration and then it becomes a state court matter. This year, V&E welcomes a diverse group of 119 students (76 2Ls and 43 1Ls) from 30 different law schools. Lasted about 30 minutes. Vinson & Elkins' Post. 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. Glassdoor has 146 Vinson & Elkins reviews submitted anonymously by Vinson & Elkins employees. Be the first to find this review helpful Helpful Share 5.0 Traditional M&A deals involve both public and private companies, and the group advises on the buying and selling of equity or assets. 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. Great people, nice environment, interesting cases. Done in December. Our sources had devoted time to asylum cases, which gave them valuable learning experiences. Prior to joining V&E, she served as the Assistant Director of Career Services at SMU Dedman School of Law. among the clean energy industry. Were a firm that draws in smart, entrepreneurial professionals eager to engage and make an impact. 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. Law students must attend and be in good standing at an American Bar Association accredited law school. 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. Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. Although our lawyers tend to have good grades, I think the review of candidates is pretty holistic. The salary trajectory of a Summer Associate ranges between locations and employers. 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? 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. To secure a place on our vacation scheme successful participants will typically have completed two rounds of interviews (one video interview, one in person) and a case study. Vinson & Elkins L. salaries are collected from government agencies and companies. Smaller intake of trainees so more work and client exposure, better pay, interest in energy/infrastructure industry sectors, it seemed like a friendly place to work, I wanted a hands-on training contract, What is the best thing about the firm? Hours can be long, but theres a fantastic sense of camaraderie, and people are always appreciative of the time you put in. They all knew my resume well and asked relevant questions, especially questions about the most fun parts of my resume. Texas-based Vinson & Elkins a firm that brought in $782,352,000 gross revenue in 2020, making it No. Weekend work generally depends on what matter youre staffed on and its level of urgency. I wanted to be at a firm that was investing in renewable energy and energy transition work. Theres been a bit of a step back with the new variant, and we want to remain safe. Youll see that most of our lawyers enjoy being in the office more, but of course, tremendous consideration goes towards individual circumstances. Because ultimately, your success is our success. What has been the best moment of your training to date? Vinson & Elkins annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. average salary for a Summer Associate is $63,249 per year in United States, The Ultimate Job Interview Preparation Guide. People are happy to cover for you and youd do the same for them.. In terms of compensation, juniors gave the firm a thumbs up. Law Firm Training Contract Comparison Table. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: Houston-headquartered Vinson & Elkins LLP is a specialist in the energy and infrastructure sectors. 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. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. I applied through college or university. I made myself extremely (almost obnoxiously) available, yet I didn't get the reach from the attorneys that i would have liked. 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. Relationship with senior members of chambers, Training in Scotland and Northern Ireland, www.velaw.com/about-us/diversity-inclusion, www.velaw.com/careers/london-graduate-recruitment, Dispute resolution > International arbitration (Tier: 4), Projects, energy and natural resources > Oil and gas (Tier: 2), Real estate > Construction: contentious (Tier: 1), Real estate > Construction: non-contentious (Tier: 4). 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. 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. How accurate is this most likely Total Pay range (base + additional) of $154K-$275K/yr? It is a key part of our culture at Vinson & Elkins. We'll assume you're ok with this, but you can opt-out if you wish. Does anyone have any insight into the culture at Vinson & Elkins in Texas? We ask behavioral questions in our interviews, to help us get to know students beyond what we see on their resume. 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. 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. 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. Featured Highlights Insight Winter 2023 Antitrust Cartel Primer The firm's pro bono hours allowances also include legal development work (which encompass diversity and recruiting activities). Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? This employer has not claimed their Employer Profile and is missing out on connecting with our community. Firm reached out through their recruiter. Good people to work with. 1L interview. 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 firm also highlighted it was trying to grow its real estate group. Vinson & Elkins Apply now The Legal Cheek View Autonomy, responsibility, long hours and a lucrative pay package Vinson & Elkins (V&E) offers the quintessential American firm experience for. Contact details. 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 questions were relatively bland because of the short amount of time but the conversation flowed easily. 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. At the same time, we want people to be together physically in the office. 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. What were looking for: We are looking to recruit ambitious individuals with exceptional academic results, sound commercial awareness and rounded personalities. What is the culture like at Vinson & Elkins? 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. 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! 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. And we aim to help you see around corners - today and tomorrow. Summer: June-August 2023 (apply by 13 January 2023), Other fee-earners: Firmwide 474, London 41, Solicitors Regulation Authority - www.sra.org.uk, Junior Lawyers Division (Law Society) - www.lawsociety.org.uk/juniorlawyers, Bar Standards Board - www.barstandardsboard.org.uk, Chartered Institute of Legal Executives (CILEx) - www.cilex.org.uk, National Association of Licensed Paralegals (NALP) - www.nationalparalegals.co.uk, Please mention The Legal 500 Future Lawyers on your application form if you apply to Vinson & Elkins RLLP. 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: Online at www.velaw.com/careers/london-graduate-recruitment. 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. The estimated additional pay is $5,322 per month. Because ultimately, your success is our success. The ability to think laterally and creatively is essential, as is a need for common sense and a willingness to take the initiative. Were looking ahead to a period of significant growth, and the location of leadership will give an indication of our focus, says Fullenweider. M&A/capital markets clients: Bonanza Creek Energy, Apollo Global Management, Enable Midstream Partners. Weve got the best of both worlds at Vinson & Elkins: the opportunity to get involved in multi-jurisdictional deals and disputes with some of the best lawyers in the market, coupled with the collegiality and intimacy of a smaller office. You are learning as you go but you are helping with grunt work mostly. Why do you want to work here? How would you rate your overall job satisfaction? CA: How has the firm weathered the pandemic and has it affected the firms long-term strategy? What is your favorite law school class? Additional pay could include bonus, stock, commission, profit sharing or tips. Lets say profit per partner grows 5% to $5.46 million. How does the summer vacation placement programme link into the training contract process? 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. Gretchen joined Vinson & Elkins in 2004 as the Dallas Attorney Employment Manager. Vinson & Elkins | 21,712 followers on LinkedIn. 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. That is what we want for everyone in our firm. Vinson & Elkins L. salary statistics is not exclusive and is for reference only. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Because ultimately, your success is our success. 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. 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. Think about developing your relationship skills to become a trusted advisor, a good listener, and a friend to your clients. Were the most general corporate group at the firm, concluded a MACM source. 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.. The initiative benefits all of our lawyers as the programming includes business development training, mentoring programmes and family-friendly initiatives. 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. Cons Weren't able to assign you to specific teams due to COVID. Weve taken a flexible approach, and the technology we have has served our lawyers well during the pandemic people have remained connected, happy, and productive. +1 713 758 2222. 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. 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. This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. There will be some fantastic opportunities for Vinson & Elkins to do some of the most interesting legal work. And we aim to help you see around corners today and tomorrow. Represents medical device entity Neovasc in relation to an anonymous online defamation campaign that was waged against the company. We get high-quality work without the New York BigLaw lifestyle.. How satisfied are you with your financial remuneration? First semester grades are not required immediately upon application. We had a partners retreat in October, and there has been a lot of travel between offices. What does a typical day as a trainee at Vinson & Elkins consist of? 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. Vinson & Elkins LLP. The program will run until July 23, 2021. Contact number. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Has all the resources of a big firm without the negatives!!! 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. I interviewed at Vinson & Elkins. 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. The unique structure of Vinson & Elkins training programme was, for me, one of the strongest draws. We all work hard to learn the profession it's a hard profession, and thats not necessarily a bad thing. 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. I have also been actively involved with the firms diversity council weve got some really exciting initiatives underway! I interviewed at Vinson & Elkins (Dallas, TX) in Jan 2020, Met with several attorneys and connected. What we do: Vinson & Elkins advises clients that 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 litigation, corporate and structured finance, and tax. 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? We offer a competitive salary of $4,135 per week. 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. Austin, Texas, United States. Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? We also heard that there were good transactional pro bono opportunities, which included helping to set up non-profit foundations. About Vinson & Elkins For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Related Rankings About Chambers Review Work Highlights Strengths Notable Practitioners Ranked Lawyers Members Other Guides. How confident are you that you will be kept on at the end of your training contract? 59 in the most recent Am Law 100 ranking adopted the Davis Polk salary scale on . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Were aiming to focus on two areas in particular as we start the new year: 1) junior associate experience at the firm looking at improving our processes so that everyone gets off to a strong start and making sure we have a good job pipeline to partnership for senior associates. At V&E, our inclusion commitment starts at the top with members of our leadership who oversee our firm-wide diversity and inclusion initiatives. 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. This has all been voluntary, but we found that a lot of people were present in the office over the fall. 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. The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. There are plenty of opportunities to blow off steam, too, with social events held throughout the year, and of course the famed Christmas party. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. The clients: Equinor; Saudi Aramco; SOCAR; Saipem; Apollo; Panama Canal Authority. For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. 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. 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. The estimated base pay is $142,549 per 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. Get to know the business side of a law firm. Great for the resume, mild on legitimate experience. Thats why we make it our business to know yours. Think beyond the billable hours. 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. 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. Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. 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. 161 0 obj
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Any help would be much appreciated! It allows the market, innovators, and entrepreneurs to They also followed up on the phone even though I didn't get the position, which is unnecessary and very kind. The process took 5 days. ", I wanted to be at a firm that was investing in renewable energy and energy transition work, an associate in the energy transactions/projects (ETP) group told us. I interviewed at Vinson & Elkins. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Went through initial interviewing and then got an email to set up additional interviews afterwards. A selection panel will evaluate all completed applications, conduct interviews, and announce Fellowship recipients on a rolling basis. But. The estimated total pay for a Summer Associate at Vinson & Elkins is $17,063 per month. 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. Why are you interested in _____ practice area? I am considering lateraling and would appreciate any insight. We're here to help you build something. 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. 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