M&A/capital markets clients: Bonanza Creek Energy, Apollo Global Management, Enable Midstream Partners. I went into the office for the interview where I interviewed with attorneys in sets of 2. Grades and experience are at a premium, and our recruiters focus on diversity and inclusion as well. It has brought many great friends into my life. 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. 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. 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. 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. At the same time, we want people to be together physically in the office. Sep 14, 2020 - Summer Associate in Houston, TX Recommend CEO Approval Business Outlook Pros Very family-like atmosphere. Share profile. 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. People are happy to take the time to answer your questions and just chat over coffee or lunch. Prior Results Do Not Guarantee a Similar Outcome. The process took 5 days. 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. The estimated base pay is $142,549 per year. You are learning as you go but you are helping with grunt work mostly. Choose a different language and keep reading other reviews. FWIW -- eying the real estate group. Thats why we make it our business to know yours. We have a new leadership team that started on January 1, 2022, replacing our current team which oversaw a period of tremendous success. These metrics are important but I think they are far less important than longer term professional goals. About Vinson & Elkins This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. 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. 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. What youll do: The firm operates a partially non-rotational training system; during their first year trainees work primarily within the departments in which they sit and during their second year trainees work across all practice areas and have more freedom to tailor their training. Working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process. 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. What is the culture like at Vinson & Elkins? There will be some fantastic opportunities for Vinson & Elkins to do some of the most interesting legal work. Verify your email to use filters. 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. 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Great for the resume, mild on legitimate experience. 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. Gretchen joined Vinson & Elkins in 2004 as the Dallas Attorney Employment Manager. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Know Your Worth. Why did you choose this firm over any other? Each awarded student receives a scholarship ($25,000) and the opportunity to clerk in one of our U.S. offices. Houston-headquartered Vinson & Elkins LLP is a specialist in the energy and infrastructure sectors. Check with scholarship provider for more details. And we aim to help you see around corners - today and tomorrow. How would you rate the work/life balance at your firm? 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. 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. Working on a corporate deal and working past midnight for an entire month (weekends included). The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Be the first to find this review helpful Helpful Share 5.0 The estimated additional pay is $63,866 per year. We do lots of firm sponsored dinners and happy hours, but I have never felt pressure to attend any social events. More than 15 former Fellows currently practice law at V&E and some have gone on to work in GC roles at V&E clients. 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. Were the most general corporate group at the firm, concluded a MACM source. It was unclear whether this was good or bad, I applied online. Commercial litigation clients: Barclays, Blackwells Capital, Comscore. Very family-like atmosphere. 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. The firm also collects resumes from numerous other schools. 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. 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. I was offered an in-person interview after applying online. Its exciting to feel like youre making a real contribution, and to have the opportunity to work closely with everyone from associates to partners. 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. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. Were focusing on tangible ways to give back to the community and looking at the pipeline of students going into law school and investing in that pipeline activity, Fullenweider elaborates. 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. 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. As a V&E Summer Associate, you will have real opportunities to do substantive work in a variety of . The estimated base pay is $11,830 per month. This new legislation levels the playing field. www.velaw.com. 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. 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). The estimated base pay is $140,386 per year. 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. Feel free to DM if easier. 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. I made myself extremely (almost obnoxiously) available, yet I didn't get the reach from the attorneys that i would have liked. Thats why we make it our business to know yours. Since the program launched in 2008, V&E has awarded 145 Fellowships. Were all still waiting to come out of the pandemic. Average Annual Pro Bono Hours Across Our Communities, Vacation Placement & Trainee Opportunities, Opportunities for Professional Assistants, Support Staff, Paralegals, and More. People are happy to cover for you and youd do the same for them.. Because ultimately, your success is our success. 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. Know Your Worth. Any insight into Vinson & Elkins NYC Real Estate Group? May 20, 2021 Vinson & Elkins' annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. Thecommercial litigation group certainly keeps associates on their toes: One minute youre working on an arbitration and then it becomes a state court matter. How would you rate the international secondment opportunities available? We're here to help you build something. Just be yourself and be honest. develop novel technologies and still get the benefit of certain tax benefits that make 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. The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. 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. 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. 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. 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. 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. Thank you! Weve invested in our investigations and construction disputes practice in anticipation of these trends. We'll assume you're ok with this, but you can opt-out if you wish. 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.. What were looking for: We are looking to recruit ambitious individuals with exceptional academic results, sound commercial awareness and rounded personalities. CA: Would you say that Vinson & Elkins is in growth mode? 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? 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. "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. How would you rate your amount of client contact? We want our summer associates to take their projects seriously, do their best work, and meet deadlines on projects. 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. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. 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 taken a flexible approach, and the technology we have has served our lawyers well during the pandemic people have remained connected, happy, and productive. 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. Cons Weren't able to assign you to specific teams due to COVID. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Any insight into Vinson & Elkins NYC Real Estate Group? If youre looking for an opportunity to work with a dedicated team of passionate, high-energy professionals and do rich, meaningful work in a welcoming and diverse environment, we invite you to consider Vinson & Elkins. My professional work has really contributed to my sense of fulfillment and happiness. Newly made up . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. We have a good reputation, so we can afford to be selective. I am considering lateraling and would appreciate any insight. How accurate is this most likely Total Pay range (base + additional) of $154K-$275K/yr? 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. Vinson & Elkins LLP We help our clients navigate the most complex areas of law. Demonstrated interest in working at Vinson & Elkins, joining the firm as a Summer Associate, and advancing the firm's Diversity & Inclusion initiatives. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. 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. I feel privileged to have received a V&E Diversity Fellowship. 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. 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. 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. We help our clients navigate the most complex areas of law. 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. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: 161 0 obj <]>>stream The estimated total pay for a Summer Associate at Vinson & Elkins is $17,063 per month. The firm's pro bono hours allowances also include legal development work (which encompass diversity and recruiting activities). It is also helpful for us to know their practice area(s) of interest, which can help direct the conversation, and help us when making decisions regarding callback interviews. That's why we make it our business to know yours. 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? Most curious about hours, work life balance, work from home flexibility and overall culture. Most curious about hours, work life balance, work from home flexibility and overall culture. 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. This website uses cookies to improve your experience. A few sources reckoned that V&E looks to place attorneys in counsel positions for at least a year before they go up for partnership (though this depends on the individual), so the path was viewed as a little longer but definitely attainable if you really push for it.. 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 entrepreneurs to 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. 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.. This website uses cookies to improve your experience while you navigate through the website. Mark Kelly led our DE&I Executive Committee, and Scott Wulfe co-led the Womens Initiative. That is what we want for everyone in our firm. Although our lawyers tend to have good grades, I think the review of candidates is pretty holistic. 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. Follow the firm on LinkedIn, Twitter, Instagram and Facebook. Were looking ahead to a period of significant growth, and the location of leadership will give an indication of our focus. 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. Thank you! Our outgoing leadership team has made DE&I a top priority. But. Just received piecemeal work. 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. 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. among the clean energy industry. 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. Corporate/M&A. Vinson & Elkins LLP. 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. Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. What is your favorite law school class? Main Office: 1001 Fannin Street, Suite 2500 | Houston | TX | 77002 Phone: 713-758-2222 | Fax: 713-758-2346 Follow Leave a review Overview Salary & Benefits Reviews Jobs Write a Review Vinson & Elkins LLP. CA: What is the greatest challenge facing the firm in the next decade? Get a free, personalized salary estimate based on today's job market. Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. Call-back offers are made within several days for students to return for a follow-up interview. How does the summer vacation placement programme link into the training contract process? Zp>49&U2?_]u=wEW?i1!2%Wf- This employer has not claimed their Employer Profile and is missing out on connecting with our community. Also included throughout V&Es Summer Associate Program are development programs such as writing and negotiations workshops and a litigation bootcamp, as well as programs on feedback, mental wellness, and affinity group and social gatherings. They also followed up on the phone even though I didn't get the position, which is unnecessary and very kind. 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. Weve worked very hard in the past six months in particular to regain physical connectedness. 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. We heard associates can apply for more pro bono hours to count towards their billable hour target, too. High stakes, shared an interviewee, as youre handling someones life and it feels really empowering to be physically. And the opportunity to ask good, thoughtful questions, London, EC4A 2AG the training contract?! Meet deadlines on projects improve your experience while you acclimatize copyright 2008-2023, Glassdoor, Inc. `` Glassdoor '' logo! 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