And we aim to help you see around corners today and tomorrow. CA: Any advice for those about to enter the legal industry? Since the program launched in 2008, V&E has awarded 145 Fellowships. Vinson & Elkins L. salary statistics is not exclusive and is for reference only. The firm's expertise. For example, one day in HR I was taught their role in the firm but mostly I helped to file paperwork. The estimated total pay for a Summer Associate at Vinson & Elkins is $17,021 per month. 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. Berrelez tells us,All of our attorneys are prepared to interview students for any of our offices and practices.. These cookies will be stored in your browser only with your consent. I made myself extremely (almost obnoxiously) available, yet I didn't get the reach from the attorneys that i would have liked. endstream endobj The aim is to stay connected to our clients and each other regardless of location. At SMU . Prior Results Do Not Guarantee a Similar Outcome. Louise Woods Each salary is associated with a real job position. We'll assume you're ok with this, but you can opt-out if you wish. 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 interviewees were adamant about the firms supportive atmosphere: Theres a really big emphasis on having an open-door policy, or whatever the equivalent is in Covid times open-phone? jested a junior. Fueled by the Lone Star States energy economy, this Houston-born firm shines the brightest. Has all the resources of a big firm without the negatives!!! 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. This has all been voluntary, but we found that a lot of people were present in the office over the fall. Youll see that most of our lawyers enjoy being in the office more, but of course, tremendous consideration goes towards individual circumstances. Head of International Disputes Europe. When: Please apply via our vacation scheme applications close 13 January 2023. People take great pride in their work product but do not take themselves too seriously., The firm looks for the best of the best. Demonstrated interest in working at Vinson & Elkins, joining the firm as a Summer Associate, and advancing the firm's Diversity & Inclusion initiatives. 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. 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 . This year, V&E welcomes a diverse group of 119 students (76 2Ls and 43 1Ls) from 30 different law schools. Vinson & Elkins' Post. This new legislation levels the playing field Although our lawyers tend to have good grades, I think the review of candidates is pretty holistic. 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. 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. Because ultimately, your success is our success. 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. Commercial litigation clients: Barclays, Blackwells Capital, Comscore. Overall, were confident in our flexible approach as we go forward into 2022. 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. Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? 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. 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? We're here to help you build something. The salary trajectory of a Summer Associate ranges between locations and employers. 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. Were seeing tremendous investment into these industries, and there will be many disputes that arise around this investment. Were the most general corporate group at the firm, concluded a MACM source. 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. Feel free to DM if easier. Be the first to find this interview helpful. As we transition back to the office, everyone is happy to see everyone else., V&E's strength is its culture. V&Es 2021 Summer Associate Program Launches, V&E is excited to welcome two students from the. Average Annual Pro Bono Hours Across Our Communities, Vacation Placement & Trainee Opportunities, Opportunities for Professional Assistants, Support Staff, Paralegals, and More. How far has the firm lived up to your expectations? 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. We help our clients navigate the most complex areas of law. V&E's Chairman and Managing Partner are personally involved and oversee our global diversity initiatives, integrating inclusion into how we", Best Law Firms for Energy, Oil, & Gas Law, Lawyers here choose to spend time together outside of work, which says a lot given the hours we keep. 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. Get a free, personalized salary estimate based on today's job market. This employer has not claimed their Employer Profile and is missing out on connecting with our community. It has brought many great friends into my life. Our outgoing leadership team has made DE&I a top priority. Call-back offers are made within several days for students to return for a follow-up interview. 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. FWIW -- eying the real estate group. The earlier you can get started, the better, because then you can help the team out hugely, shared a seasoned associate. Newly made up . Working on a corporate deal and working past midnight for an entire month (weekends included). 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. Learn more by visiting www.velaw.comor follow us on Twitter@VinsonandElkins or connect with us onLinkedIn. Thank you! Were all still waiting to come out of the pandemic. among the clean energy industry. Zp>49&U2?_]u=wEW?i1!2%Wf- 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. 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. In Texas, the firms banking & finance, bankruptcy/restructuring, capital markets, corporate/M&A, environment, real estate, and tax groups are deemed gold star material. 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. There are plenty of opportunities to blow off steam, too, with social events held throughout the year, and of course the famed Christmas party. Mark Kelly led our DE&I Executive Committee, and Scott Wulfe co-led the Womens Initiative. 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.. Remember that the summer program is a 10-week job interview. 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. With the increase in compensation, the industry has increased its focus on billable hours and revenue generation. 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 ability to think laterally and creatively is essential, as is a need for common sense and a willingness to take the initiative. 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. CA: How has the firm weathered the pandemic and has it affected the firms long-term strategy? It allows the market, innovators, and entrepreneurs to A selection panel will evaluate all completed applications, conduct interviews, and announce Fellowship recipients on a rolling basis. Within your application, you must indicate whether you want to apply for the Diversity Fellowship and upload your Diversity Statement. The estimated additional pay is $5,322 per month. 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. Grades and experience are at a premium, and our recruiters focus on diversity and inclusion as well. Partner, Complex Commercial Litigation (CCL) Whats involved: We predominantly recruit from our vacation scheme. 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. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. 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. We get together very regularly (lunches in office every Wednesday, dinners at partners' houses once a month, firm happy hours about once a week). The salary trajectory of a Summer Associate ranges between locations and employers. 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. 161 0 obj <]>>stream 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. 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. Great culture: low on hierarchy, friendly people and open-door policy, willingness to teach trainees, the friendly nature and approachability of all staff members and the collegiate atmosphere, What has been the best moment of your training to date? What has been the best moment of your training to date? 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. 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. 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. average salary for a Summer Associate is $63,249 per year in United States, The Ultimate Job Interview Preparation Guide. 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 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. . We also heard that there were good transactional pro bono opportunities, which included helping to set up non-profit foundations. Just received piecemeal work. Website. The deals: Advised STAR Rafineri AS, a subsidiary of the state oil company of the Azerbaijan Republic, and its sponsors on the financing and development of a US$6.3bn greenfield oil refinery in Turkey on the Aegean Sea; advised The Panama Canal Authority in relation to the construction and engineering aspects of the Panama Canal Expansion Program in Panama; advised Woodside Petroleum Ltd on its merger with BHP Petroleum with an approximately US$43bn merged entity value; advised a US private equity fund on its 3.17bn carve-out acquisition of a global construction chemicals business from a public company. 148 0 obj <> endobj The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. Really wonderful process - everyone was friendly and genuinely just wanted to get to know me. %PDF-1.5 % 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. Vinson & Elkins LLP We help our clients navigate the most complex areas of law. 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. As an intern, didn't quite gain the hands-on experience I would have liked. To get the 450 existing equity partners to that number, they'd have to suck $117 million from the pool. Gretchen joined Vinson & Elkins in 2004 as the Dallas Attorney Employment Manager. That's why we make it our business to know yours. They all knew my resume well and asked relevant questions, especially questions about the most fun parts of my resume. 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 I applied online. We also use third-party cookies that help us analyze and understand how you use this website. Does anyone have any insight into the culture at Vinson & Elkins in Texas? You also have the option to opt-out of these cookies. Think about developing your relationship skills to become a trusted advisor, a good listener, and a friend to your clients. Great people, nice environment, interesting cases. Our sources had devoted time to asylum cases, which gave them valuable learning experiences. Lasted about 30 minutes. We recognise that being a more diverse firm with a truly inclusive culture will help drive our long-term success, both in retaining our top talent and in serving our clients needs. Others also highlighted that pro bono provided them with a great opportunity to build connections at V&E and do cross-practice work. 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. 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. 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. I applied through college or university. Just received piecemeal work. 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 employer has not claimed their Employer Profile and is missing out on connecting with our community. 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.. 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 As a V&E Summer Associate, you will have real opportunities to do substantive work in a variety of . 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. People are happy to cover for you and youd do the same for them.. This employer has not claimed their Employer Profile and is missing out on connecting with our community. The estimated base pay is $11,699 per month. These relationships make good and happy lawyers. I am considering lateraling and would appreciate any insight. The firm: Vinson & Elkins London office opened in 1974, making it one of the oldest of any US firm. May 2021 - Jul 20213 months. 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. 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. Contact details. Just be yourself and be honest. Are there any Dallas based Vinson & Elkins associates here? Zoom interview with 1 partner and 1 associate. 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. In fact, the friendly nature and approachability of all staff members and the collegiate atmosphere is one of the best things about V&E. . 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. 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. 59 in the most recent Am Law 100 ranking adopted the Davis Polk salary scale on . Opens the Fishbowl by Glassdoor site in a new window. Juniors become bonus eligible when they hit their annual hours target. CA: What is the greatest challenge facing the firm in the next decade? V&E offers a number of diversity fellowships that award law students $25,000 and a clerkship opportunity in their 1L or 2L year. Prior Results Do Not Guarantee a Similar Outcome. More importantly, the scheme gives participants the chance to establish whether or not the firm is right for them. This website uses cookies to improve your experience while you navigate through the website. Vinson & Elkins. 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. 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!). Know Your Worth. FWIW -- eying the real estate group. Were focused on the issues and recognize that we will be able to do a better job for our clients if we can present a workforce that is diverse and inclusive. Like most law firms, most partners are too busy to pay attention to you or help assure you are treated fairly. The firm is trying hard to build back what we had pre-pandemic. x `~**P80q'` I interviewed at Vinson & Elkins. 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