Additional pay could include bonus, stock, commission, profit sharing or tips. V&E is continuing its long-running partnership with Leadership Council on Legal Diversity to offer 1Ls a three-day . The partners care and it shows., Everyone is extremely nice and helpful. Know Your Worth. The salary trajectory of a Summer Associate ranges between locations and employers. Billable hours:no requirement (2,000 target to be bonus eligible), Partners made in 2021:13 (effective January 1st 2022), America's Best Law firms: The Student's Guide, Litigation: White-Collar Crime & Government Investigations (Band 4), Bankruptcy/Restructuring: Highly Regarded (Band 1), Corporate/M&A: Takeover Defense (Band 1), Energy: State Regulatory & Litigation (Electricity) (Band 2), Technology: Corporate & Commercial (Band 1), Employee Benefits & Executive Compensation (Band 2), Bankruptcy/Restructuring: The Elite (Band 5), Capital Markets: Equity: Issuer Counsel (Band 3), Capital Markets: Equity: Manager Counsel (Band 3), Capital Markets: High-Yield Debt (Band 4), Employee Benefits & Executive Compensation (Band 5), Energy: Electricity (Transactional) (Band 4), Energy: Oil & Gas (Regulatory & Litigation) (Band 1), Energy: Oil & Gas (Transactional) (Band 1), Government Contracts: The Elite (Band 3), International Arbitration: The Elite (Band 4), Projects: Power & Renewables: Transactional (Band 1), Projects: Renewables & Alternative Energy (Band 2). People are happy to take the time to answer your questions and just chat over coffee or lunch. 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. Manuel Berrelez, Lead Partner for Recruiting, Applicants invited to second-stage interviews (OCI & Pre-OCI): 477. Firm chair Keith Fullenweider took the reins in early 2022 alongside three new vice-chairs. The estimated additional pay is $62,416 per year. Were the most general corporate group at the firm, concluded a MACM source. Sep 14, 2020 - Summer Associate in Houston, TX Recommend CEO Approval Business Outlook Pros Very family-like atmosphere. We get together very regularly (lunches in office every Wednesday, dinners at partners' houses once a month, firm happy hours about once a week). University of Nottingham University of Kent, Degree: Senior Status LLB, 2(1), American Studies, 1st. 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? Good connections and business from energy industry. 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. Are you implementing any specific programs/initiatives with regards to technology? Zoom interview with 1 partner and 1 associate. ", 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. 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. 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. 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. 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. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. V&E grew their revenue by $45 million last year. 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. 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. "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. I applied online. Better pay than some comparable firms was also an enticement. Head of International Disputes Europe. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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. We also use third-party cookies that help us analyze and understand how you use this website. There are numerous opportunities to do so right from the get go, with participants quickly being engaged on substantive client work across different departments, and regular drinks events and lunches interspersed throughout the week. Your input helps Glassdoor refine our pay estimates over time. Researched and wrote memoranda for the both complex commercial litigation and intellectual property practice groups on . CA: Would you say that Vinson & Elkins is in growth mode? Law Firm Training Contract Comparison Table. 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. 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. CA: How has the rise of legal technology affected the firm? But. 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. 1L interview. The estimated total pay for a Summer Associate at Vinson & Elkins is $204,252 per year. This new legislation levels the playing field. Are there any Dallas based Vinson & Elkins associates here? Opens the Fishbowl by Glassdoor site in a new window, Tell me about yourself, tell me about a favorite class. Has all the resources of a big firm without the negatives!!! 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 The first stage: recruitment on and off campus, Vinson & Elkins visits roughly 30 law schools and job fairs, plus diversity-focused events each year. 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. Any insight into Vinson & Elkins NYC Real Estate Group? We're here to help you build something. 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. 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. The initiative benefits all of our lawyers as the programming includes business development training, mentoring programmes and family-friendly initiatives. Contact details. Im doing the first draft of the document by taking the precedent we have and incorporating comments. These relationships make good and happy lawyers. This has all been voluntary, but we found that a lot of people were present in the office over the fall. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. 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. For more information, please speak with our media contacts. 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. 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? But many of its offices are now under mandatory stay at home orders that are expected to remain in effect through April and . 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. We had a partners retreat in October, and there has been a lot of travel between offices. | For more than 100 years . Thats why we make it our business to know yours. 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. 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). 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. People take great pride in their work product but do not take themselves too seriously., The firm looks for the best of the best. 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. International secondments are also available to those who express interest, with trainees having been seconded to the firms Houston, Tokyo and Dubai offices in the past. Firm reached out through their recruiter. My professional work has really contributed to my sense of fulfillment and happiness. Vinson & Elkins LLP. Its an interesting time for us. Providing deep legal experience with transactions, investments, projects, and disputes worldwide for over 100 years. 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. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. 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. The main opportunity of technology in the service industry is to keep people connected and make it easy to work from wherever you are. 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 estimated additional pay is $63,866 per year. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The firm prides itself on its collegiality; finding the right fit in terms of culture is therefore vitally important, and the vacation scheme provides an invaluable opportunity to do so. Read employee reviews and ratings on Glassdoor to decide if Vinson & Elkins is right for you. Other offices: Austin, Dallas, Dubai, Houston (head office), Los Angeles, New York, Richmond, Riyadh, San Francisco, Tokyo, Washington. Juniors become bonus eligible when they hit their annual hours target. We heard associates can apply for more pro bono hours to count towards their billable hour target, too. 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. Share profile. Be the first to find this interview helpful. 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. 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. Why do you want to work here? This website uses cookies to improve your experience. For example, one day in HR I was taught their role in the firm but mostly I helped to file paperwork. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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 ask behavioral questions in our interviews, to help us get to know students beyond what we see on their resume. 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. At SMU . 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. 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. 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. 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. 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. 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. The estimated total pay for a Summer Associate at Vinson & Elkins is $204,965 per year. How far has the firm lived up to your expectations? The questions were relatively bland because of the short amount of time but the conversation flowed easily. Overall, were confident in our flexible approach as we go forward into 2022. 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. Feel free to DM if easier. Within your application, you must indicate whether you want to apply for the Diversity Fellowship and upload your Diversity Statement. Were a firm that draws in smart, entrepreneurial professionals eager to engage and make an impact. Related Searches:All Summer Associate Salaries|All Vinson & Elkins Salaries. 59 in the most recent Am Law 100 ranking adopted the Davis Polk salary scale on . Since the program launched in 2008, V&E has awarded 145 Fellowships. It has brought many great friends into my life. For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. 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 program will run until July 23, 2021. 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. 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. Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. Most offices have two or three 30-minute interview slots and a lunch (if the interview is in-person). Vinson & Elkins L. average salary is $200,000, median salary is $180,000 with a salary range from $160,000 to $305,000. Its high stakes, shared an interviewee, as youre handling someones life and it feels really empowering to be able to give back. Newbies are generally able to take on leadership roles on pro bono matters: I was able to make decisions with no backstop, this junior enthused. 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. Any insight into Vinson & Elkins NYC Real Estate Group? Twenty-six law students were awarded Diversity Fellowships, including 1Ls and 2Ls who have joined the Summer Program in our Austin, Dallas, Houston, New York, San Francisco, and Washington, D.C. offices. 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. Went through initial interviewing and then got an email to set up additional interviews afterwards. Be the first to find this review helpful Helpful Share 5.0 I sort of expected this as an intern, however no one really seemed to mind if I was entirely idle. I was offered an in-person interview after applying online. Whats involved: We predominantly recruit from our vacation scheme. 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. 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. FWIW -- eying the real estate group. There were three sets of attorneys. We were really well-positioned at the beginning of the pandemic with state-of-the-art systems, so it was easy to transition to remote working within days. 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? Each salary is associated with a real job position. To get the 450 existing equity partners to that number, they'd have to suck $117 million from the pool. Why are you interested in _____ practice area? Are there any Dallas based Vinson & Elkins associates here? Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. The New York bunch were running Wednesday happy hours to incentivize folks to return to the office at least twice a week, and it seemed to be working. A Future Lawyers Winner for inclusiveness, many recruits applied to the US firm because of the smaller intake of trainees, which in turn leads to more work & client exposure. I interviewed at Vinson & Elkins (Dallas, TX) in Jan 2020, Met with several attorneys and connected. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Maintained this atmosphere doing virtual internships. CA: Any advice for those about to enter the legal industry? The challenge will be keeping up with our clients and being their trusted advisors as they go through change. V&E Lead Partner for Recruiting, Manuel Berrelez, tells us:We select schools primarily based on their rankings, and beyond the top 20, we look at other great law schools where we have historical relationships, such as U of H in Houston, SMU in Dallas, and Fordham in New York. He notes the firm interviews between 20 and 60 students at each OCI, but he says:The number of total interviews we conduct has decreased over the last few years as the number of students we have interviewed outside of OCI has increased., Partners, counsel, and associates who represent a variety of offices and practice groups conduct the interviews, and the firm aims to make sure the interviewers have diverse backgrounds. Legal Consulting How accurate is this most likely Total Pay range (base + additional) of $154K-$275K/yr? The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. First semester grades are not required immediately upon application. Person in charge of recruitment: James Pritchard, Recruitment Coordinator. Demonstrated interest in working at Vinson & Elkins, joining the firm as a Summer Associate, and advancing the firm's Diversity & Inclusion initiatives. There are four of us in the new leadership team and weve all been actively involved in the firms growth and strategy over the past few years. The 2023 2L Diversity Fellowship application is now closed. The firm: Vinson & Elkins London office opened in 1974, making it one of the oldest of any US firm. +1 713 758 2222. There are plenty of opportunities to blow off steam, too, with social events held throughout the year, and of course the famed Christmas party. 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. Because ultimately, your success is our success. The free-market system worked great before, but when people arent in the office all the time, you need to monitor it. V&Es complex commercial litigation and M&A/capital markets groups housed the most associates on our list, but others with a significant number included energy transactions/projects, finance, tax, and environmental and natural resources. The estimated base pay is $142,549 per year. 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. Gretchen joined Vinson & Elkins in 2004 as the Dallas Attorney Employment Manager. 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. As a V&E Summer Associate, you will have real opportunities to do substantive work in a variety of . Theres been a bit of a step back with the new variant, and we want to remain safe. 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. 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, . More importantly, the scheme gives participants the chance to establish whether or not the firm is right for them. The aim is to stay connected to our clients and each other regardless of location. 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. Mark Kelly led our DE&I Executive Committee, and Scott Wulfe co-led the Womens Initiative. Like most law firms, most partners are too busy to pay attention to you or help assure you are treated fairly. 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. At the same time, we want people to be together physically in the office. Our outgoing leadership team has made DE&I a top priority. What is the culture like at Vinson & Elkins? Vinson & Elkins has added a team of eight litigators to its Energy Regulatory practice. 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. Students receive an offer to join the firm at the end of the program. Perceptive when it comes to associates career preferences and be hard-headed, but I yet... ) in Jan 2020, Met with a Real job position heard associates can receive! Most Law firms, most partners are Very perceptive when it comes to associates career.... Many great friends into my life to my sense vinson and elkins summer associate fulfillment and happiness Elkins right..., Suite 2500, Houston, TX Recommend CEO Approval business Outlook Pros Very atmosphere. For those about to enter the legal industry to file paperwork affected firm... 145 Fellowships resources of a step back with the polite and considerate atmosphere recorded in the general! 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From our vacation scheme opened in 1974, making it one of the short amount time! In charge of recruitment: James Pritchard, recruitment Coordinator your Diversity Statement expected remain...
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