V&E offers a number of diversity fellowships that award law students $25,000 and a clerkship opportunity in their 1L or 2L year. I applied through college or university. We offer a competitive salary of $4,135 per week. How much involvement do trainees have in the deals and transactions they are assisting on at Vinson & Elkins? Feel free to DM if easier. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. CA: How has the firm weathered the pandemic and has it affected the firms long-term strategy? Vinson & Elkins L. salaries are collected from government agencies and companies. Share profile. We are committed to sustaining our focus on diversity and, in particular, the retention of our women and diverse lawyers, and to do so we work to ensure our initiatives permeate our structure, policies and programmes. At V&E, our inclusion commitment starts at the top with members of our leadership who oversee our firm-wide diversity and inclusion initiatives. Vinson & Elkins LLP. 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. I wanted to be at a firm that was investing in renewable energy and energy transition work. Verify your email to use filters. Juniors learn the ropes through admin tasks, but alongside this theres plenty of opportunity to hone more advanced drafting skills. Get a free, personalized salary estimate based on today's job market. The firm's pro bono hours allowances also include legal development work (which encompass diversity and recruiting activities). them more economic, which could Berrelez tells us,All of our attorneys are prepared to interview students for any of our offices and practices.. Know Your Worth. %PDF-1.5
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Any help would be much appreciated! Culture fit and interpersonal skills are important., We are looking for well-rounded, driven, personable people eager to learn and work hard.. Related Searches:All Summer Associate Salaries|All Vinson & Elkins Salaries. Be the first to find this review helpful Helpful Share 5.0 This website uses cookies to improve your experience while you navigate through the website. 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? Are you implementing any specific programs/initiatives with regards to technology? 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. Related Searches:All Summer Associate Salaries|All Vinson & Elkins Salaries. 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, 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. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. Within your application, you must indicate whether you want to apply for the Diversity Fellowship and upload your Diversity Statement. Day-to-day atmosphere is collaborative and friendly. 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. It allows the market, innovators, and still get the benefit of certain tax benefits, Vinson & Elkins Expands Energy Regulatory Practice with Addition of Prominent Litigation Team, Cybersecurity and AI: Understanding and Mitigating Common Cybersecurity Threats to AI Models, Eight Vinson & Elkins Lawyers Named to 2023, Treasury Issues IRA Guidance on Section 48C Advanced Energy Project Credit, Zach Terwilliger to Speak at the American Bar Associations 38th National Institute on White Collar Crime, Infocast Solar + Wind Finance & Investment Summit, PLI's Tax Planning for Domestic & Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2023, Vinson & Elkins Advised Baytex Energy in Entering into a Merger Agreement to Acquire Ranger Oil Corporation a Pure Play Eagle Ford Company, Focus Financial Partners To Be Acquired By Clayton, Dubilier & Rice, Vinson & Elkins Selects Counsel and Associates for Leadership Council on Legal Diversity Initiatives, Vinson & Elkins Earns Mansfield Rule 5.0 Certification for Focus on Diversity, Vinson & Elkins Pledges Commitment to Leadership Council on Legal Diversitys Leaders at the Front Initiative. be a game changer for the energy mix. Prior Results Do Not Guarantee a Similar Outcome. Traditional M&A deals involve both public and private companies, and the group advises on the buying and selling of equity or assets. 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. During my time in the energy, transactions and projects practice, our lawyers are equally at home advising across project development, project finance or energy M&A matters. How does the summer vacation placement programme link into the training contract process? As we transition back to the office, everyone is happy to see everyone else., V&E's strength is its culture. Why did you choose this firm over any other? I made myself extremely (almost obnoxiously) available, yet I didn't get the reach from the attorneys that i would have liked. and the opportunity to clerk in one of our U.S. offices the summer following their 1L or 2L year. I applied online. We help our clients navigate the most complex areas of law. www.velaw.com. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. Because ultimately, your success is our success. Overall, were confident in our flexible approach as we go forward into 2022. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. Twenty minute screening interview through law school OCI which occurs at the law school. Were seeing tremendous investment into these industries, and there will be many disputes that arise around this investment. The salary trajectory of a Summer Associate ranges between locations and employers. The questions were relatively bland because of the short amount of time but the conversation flowed easily. If a hands-on training contractat a firm at the top of its game sounds appealing to you, 2023 Legalease Ltd. All rights reserved, Registered company in England & Wales No. Thats why we make it our business to know yours. Vinson & Elkins annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. Firm reached out through their recruiter. The aim is to stay connected to our clients and each other regardless of location. Congratulations to our Houston 1L summer associates on their return offers for 2020! The 2023 2L Diversity Fellowship application is now closed. 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. We have strong backup systems in place. 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. Great place to work. We get together very regularly (lunches in office every Wednesday, dinners at partners' houses once a month, firm happy hours about once a week). 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. Were a firm that draws in smart, entrepreneurial professionals eager to engage and make an impact. V&Es Diversity Fellowship application is open to all second-year law students and first-year law students, regardless of race/ethnicity, color, religion, citizenship, national origin, gender, age, sexual orientation, gender identity, gender expression, marital status, military service, disability, or any other characteristic or condition protected by applicable law. Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. The estimated total pay for a Summer Associate at Vinson & Elkins is $204,252 per year. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. People take great pride in their work product but do not take themselves too seriously., The firm looks for the best of the best. Thats why we make it our business to know yours. The clients: Equinor; Saudi Aramco; SOCAR; Saipem; Apollo; Panama Canal Authority. 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. 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. 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. The estimated base pay is $140,386 per year. Like all large law firms, hours are long. The firm is trying hard to build back what we had pre-pandemic. 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. Website. 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. 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. 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. 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. How would you rate your amount of client contact? 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. I interviewed at Vinson & Elkins. Our outgoing leadership team has made DE&I a top priority. 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. Louise Woods 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. 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!. 148 0 obj
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Vinson & Elkins Is this your company? 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. 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. ", 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. V&E grew their revenue by $45 million last year. Great people, nice environment, interesting cases. The learning curve can be steep at times, but Ive never felt unsupported, and Ive enjoyed getting progressively more responsibility as Ive advanced through each seat. 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Why did you choose this firm over any other? 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. Were looking ahead to a period of significant growth, and the location of leadership will give an indication of our focus. For example, one day in HR I was taught their role in the firm but mostly I helped to file paperwork. As associates approach the mid-level stage, you can become more invested in what you enjoy, and by the senior point youre taking on more client communication and negotiation, and business development stuff., youre encouraged to build cross-office relationships and gain exposure., While making partner was deemed a tough process, interviewees still felt that it was an option and were encouraged by the promotions they had seen of late. 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. We do lots of firm sponsored dinners and happy hours, but I have never felt pressure to attend any social events. They all knew my resume well and asked relevant questions, especially questions about the most fun parts of my resume. Theres no pressure to specialize early on, we heard. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. They really want to advance your career by allowing you to focus more on the type of work youre interested in. CA: Would you say that Vinson & Elkins is in growth mode? Average Annual Pro Bono Hours Across Our Communities, Vacation Placement & Trainee Opportunities, Opportunities for Professional Assistants, Support Staff, Paralegals, and More. 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. Done in December. More importantly, the scheme gives participants the chance to establish whether or not the firm is right for them. Juniors become bonus eligible when they hit their annual hours target. The initiative benefits all of our lawyers as the programming includes business development training, mentoring programmes and family-friendly initiatives. How satisfied are you with your financial remuneration? The estimated base pay is $11,830 per month. Others also highlighted that pro bono provided them with a great opportunity to build connections at V&E and do cross-practice work. 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. You get solid, substantive work experience early on, an interviewee declared, and thats one strength of the litigation group at V&E.. Were in the trenches together but trying to have a good time, shared a source who was keen to tell us about V&Es pre-pandemic happy hours (which we also heard were making a steady return!). May 2021 - Jul 20213 months. Great for the resume, mild on legitimate experience. Anonymous Interview Candidate in Dallas, TX, I applied online. Does anyone have any insight into the culture at Vinson & Elkins in Texas? The firm also collects resumes from numerous other schools. The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. The partners care and it shows., Everyone is extremely nice and helpful. Because ultimately, your success is our success. Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. I feel privileged to have received a V&E Diversity Fellowship. FWIW -- eying the real estate group. The challenge is keeping up with the opportunities that are presented to us. Interview was relatively quick due to time constraints of on campus interviewing. Were the most general corporate group at the firm, concluded a MACM source. In fact, the friendly nature and approachability of all staff members and the collegiate atmosphere is one of the best things about V&E. 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. I interviewed at Vinson & Elkins. Our main focus going into the new year is how the pandemic has changed peoples views about work and physical location. 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. Since the program launched in 2008, V&E has awarded 145 Fellowships. 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. Really wonderful process - everyone was friendly and genuinely just wanted to get to know me. Tell me about yourself? Thank you! Legal Consulting These cookies will be stored in your browser only with your consent. I have also been actively involved with the firms diversity council weve got some really exciting initiatives underway! 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. 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. 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. I hope you will make time in your schedule to get to know Vinson & Elkins! Contact number. 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. In late 2021, V&E achieved Mansfield Rule 4.0 Certification after collaborating with Diversity Lab; the firm subsequently signed up to take part in the next iteration of the process, Mansfield 5.0. 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. Think about developing your relationship skills to become a trusted advisor, a good listener, and a friend to your clients. average salary for a Summer Associate is $63,249 per year in United States, The Ultimate Job Interview Preparation Guide. 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. Firm chair Keith Fullenweider took the reins in early 2022 alongside three new vice-chairs. 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. 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. 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. Check with scholarship provider for more details. Its common to see partners popping over to their kids soccer game, shared an associate, who pointed to the firms inclusivity for attorneys with children. Vinson & Elkins | 21,712 followers on LinkedIn. We get high-quality work without the New York BigLaw lifestyle.. In 2020, V&E extended offers to 100% of its Summer Associates. . 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 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. FWIW -- eying the real estate group. Any insight into Vinson & Elkins NYC Real Estate Group? The firm: Vinson & Elkins London office opened in 1974, making it one of the oldest of any US firm. Like most law firms, most partners are too busy to pay attention to you or help assure you are treated fairly. 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. Many of our lawyers were also on law review or took part in other prestigious activities. 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. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. I would say the large majority of our lawyers graduated in the top 30% of their class from primarily top 20 schools. We heard associates can apply for more pro bono hours to count towards their billable hour target, too. Just received piecemeal work. Its an interesting time for us. M&A/capital markets clients: Bonanza Creek Energy, Apollo Global Management, Enable Midstream Partners. Better pay than some comparable firms, also an enticement. CA: How has the rise of legal technology affected the firm? CA: Any advice for those about to enter the legal industry? Corporate/M&A. Vinson & Elkins LLP. Maintained this atmosphere doing virtual internships. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. May 20, 2021 Vinson & Elkins' annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. 150 0 obj
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