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. 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. 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. They really want to advance your career by allowing you to focus more on the type of work youre interested in. The salary starts at $91,565 per year and goes up to $220,172 per year for the highest level of seniority. 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. How is the training programme structured at Vinson & Elkins? Get to know the business side of a law firm. CA: What is the greatest challenge facing the firm in the next decade? Fueled by the Lone Star States energy economy, this Houston-born firm shines the brightest. M&A/capital markets clients: Bonanza Creek Energy, Apollo Global Management, Enable Midstream Partners. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. We help our clients navigate the most complex areas of law. The clients: Equinor; Saudi Aramco; SOCAR; Saipem; Apollo; Panama Canal Authority. Day-to-day atmosphere is collaborative and friendly. They all knew my resume well and asked relevant questions, especially questions about the most fun parts of my resume. Your input helps Glassdoor refine our pay estimates over time. 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. Vinson & Elkins LLP We help our clients navigate the most complex areas of law. You also have the option to opt-out of these cookies. CA: Any advice for those about to enter the legal industry? Get a free, personalized salary estimate based on today's job market. 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. 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. This year, V&E welcomes a diverse group of 119 students (76 2Ls and 43 1Ls) from 30 different law schools. Related Searches:All Summer Associate Salaries|All Vinson & Elkins Salaries. Vinson & Elkins L. salaries are collected from government agencies and companies. 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. 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. I went into the office for the interview where I interviewed with attorneys in sets of 2. Choose a different language and keep reading other reviews. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. x `~**P80q'` Our outgoing leadership team has made DE&I a top priority. Researched and wrote memoranda for the both complex commercial litigation and intellectual property practice groups on . Hours can be long, but theres a fantastic sense of camaraderie, and people are always appreciative of the time you put in. What has been the best moment of your training to date? We have made progress in London with our entry-level trainee recruitment over recent years, and we strive for our partnership to one day look like our incoming trainee cohorts. In 2019 we booked out Nobu, after which most of the firm took over the local karaoke bar where things probably went on longer than they should have done looking forward to the return of a Christmas party, hopefully this year! And we aim to help you see around corners - today and tomorrow. www.velaw.com. 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. ", 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. A longer interview at the law firm with several attorneys. Interviews are hosted by partners, counsel, and associates from students practice area(s) of interest. 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Related Rankings About Chambers Review Work Highlights Strengths Notable Practitioners Ranked Lawyers Members Other Guides. Thats why we make it our business to know yours. Weren't able to assign you to specific teams due to COVID. 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. 161 0 obj <]>>stream V&Es eight domestic offices can be found in Austin, Dallas, Houston, Richmond, LA, New York, San Francisco, and DC. 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 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. 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. 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. Because ultimately, your success is our success. Sep 14, 2020 - Summer Associate in Houston, TX Recommend CEO Approval Business Outlook Pros Very family-like atmosphere. 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. 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. Theres been a bit of a step back with the new variant, and we want to remain safe. Attorney Advertising. Are there any Dallas based Vinson & Elkins associates here? Follow the firm on LinkedIn, Twitter, Instagram and Facebook. 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. 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. Website. I would say the large majority of our lawyers graduated in the top 30% of their class from primarily top 20 schools. 150 0 obj <>stream Our main focus going into the new year is how the pandemic has changed peoples views about work and physical location. However, this source was quick to note that although the firm is largely Texas-based, its clients are spread nationally and internationally: We get high-quality work without the New York BigLaw lifestyle. Associates who do fancy New York BigLaw with a touch of southern hospitality can set up camp in V&Es Manhattan base, where the firms bankruptcy and restructuring know-how outshines many a rival. Sponsorship: V&E will fund the preparatory course(s) and examinations for the SQE and offers a maintenance grant for courses commenced after the date of a training contract offer. The estimated additional pay is $63,866 per year. Manuel Berrelez, Lead Partner for Recruiting, Applicants invited to second-stage interviews (OCI & Pre-OCI): 477. Get a free, personalized salary estimate based on today's job market. 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. Demonstrated interest in working at Vinson & Elkins, joining the firm as a Summer Associate, and advancing the firm's Diversity & Inclusion initiatives. With the $123 million left over, you could make 22 new equity partners at an average PPP of $5.46 million. Having problems? Thats why we make it our business to know yours. People are happy to take the time to answer your questions and just chat over coffee or lunch. 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. That is what we want for everyone in our firm. As we transition back to the office, everyone is happy to see everyone else., V&E's strength is its culture. We'll assume you're ok with this, but you can opt-out if you wish. I interviewed at Vinson & Elkins. Corporate/M&A. Vinson & Elkins LLP. 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. Featured Highlights Insight Winter 2023 Antitrust Cartel Primer How confident are you that you will be kept on at the end of your training contract? We have strong backup systems in place. 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. Your input helps Glassdoor refine our pay estimates over time. Asked about what restaurants I liked because I had the restaurant industry on my resume, Vacation Scheme and Training Contract (1), New Business Intake and Records Specialist (1), The Ultimate Job Interview Preparation Guide. Grades and experience are at a premium, and our recruiters focus on diversity and inclusion as well. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: 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. 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. On the nationwide front,Chambers USA shines its spotlight on V&Es transactional, regulatory and litigation-related oil and gas work, but also gives plenty of kudos to the firms extensive renewables expertise, especially as it pertains to projects work. Working on a corporate deal and running a client call, drafting contracts and handling the payment settlement process. 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. Be the first to find this interview helpful. Since the program launched in 2008, V&E has awarded 145 Fellowships. Thats why we make it our business to know yours. 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. With the increase in compensation, the industry has increased its focus on billable hours and revenue generation. 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? How: Online at www.velaw.com/careers/london-graduate-recruitment. For more information, please speak with our media contacts. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. 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. We also heard that there were good transactional pro bono opportunities, which included helping to set up non-profit foundations. 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. Great people, nice environment, interesting cases. Youll see that most of our lawyers enjoy being in the office more, but of course, tremendous consideration goes towards individual circumstances. When: Please apply via our vacation scheme applications close 13 January 2023. And we aim to help you see around corners today and tomorrow. Get Insights Delivered Straight to Your Inbox. Think beyond the billable hours. This new legislation levels the playing field. I interviewed at Vinson & Elkins (Dallas, TX) in Jan 2020, Met with several attorneys and connected. Whats involved: We predominantly recruit from our vacation scheme. Were the most general corporate group at the firm, concluded a MACM source. Vinson & Elkins L. average salary is $200,000, median salary is $180,000 with a salary range from $160,000 to $305,000. 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. Im honored to have been a V&E Diversity Fellow in 2012 and now to work at V&E. The numerous training sessions include a writing workshop, programs for building relationships and developing a professional presence, and several wellness programs. Others also highlighted that pro bono provided them with a great opportunity to build connections at V&E and do cross-practice work. Berrelez added:There also are many social and community activities that give students the chance to get to know their colleagues both fellow summer associates and attorneys in a relaxed environment outside the office.. The earlier you can get started, the better, because then you can help the team out hugely, shared a seasoned associate. How would you rate your overall job satisfaction? Providing deep legal experience with transactions, investments, projects, and disputes worldwide for over 100 years. Just be yourself and be honest. 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. Learn more by visiting www.velaw.comor follow us on Twitter@VinsonandElkins or connect with us onLinkedIn. Schools in the U.S. with Diversity Fellowships each year of a step with. Groups on personalized salary estimate based on today 's job market assign you focus... 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