Get a free, personalized salary estimate based on today's job market. 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. That is what we want for everyone in our firm. 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. We offer a competitive salary of $4,135 per week. The estimated additional pay is $5,234 per month. Related Rankings About Chambers Review Work Highlights Strengths Notable Practitioners Ranked Lawyers Members Other Guides. and the opportunity to clerk in one of our U.S. offices the summer following their 1L or 2L year. Day-to-day atmosphere is collaborative and friendly. Commercial litigation clients: Barclays, Blackwells Capital, Comscore. Most offices have two or three 30-minute interview slots and a lunch (if the interview is in-person). How is the training programme structured at Vinson & Elkins? 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. 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. Because ultimately, your success is our success. This website uses cookies to improve your experience while you navigate through the website. The aim is to stay connected to our clients and each other regardless of location. Vinson & Elkins L. salary statistics is not exclusive and is for reference only. How would you rate the international secondment opportunities available? 161 0 obj <]>>stream Weve worked very hard in the past six months in particular to regain physical connectedness. Juniors become bonus eligible when they hit their annual hours target. Vinson & Elkins awards some of the brightest law students from top law schools in the U.S. with Diversity Fellowships each year. You want to like the place youre working. The firm also collects resumes from numerous other schools. Good people to work with. We help our clients navigate the most complex areas of law. The estimated base pay is $11,699 per month. 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. V&E offers a number of diversity fellowships that award law students $25,000 and a clerkship opportunity in their 1L or 2L year. Manuel Berrelez, Lead Partner for Recruiting, Applicants invited to second-stage interviews (OCI & Pre-OCI): 477. Good connections and business from energy industry. How confident are you that you will be kept on at the end of your training contract? What has been the best moment of your training to date? Vinson & Elkins LLP. The unique structure of Vinson & Elkins training programme was, for me, one of the strongest draws. 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. 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. CA: How has the firm weathered the pandemic and has it affected the firms long-term strategy? We have a new leadership team that started on January 1, 2022, replacing our current team which oversaw a period of tremendous success. Get to know the business side of a law firm. Better pay than some comparable firms was also an enticement. I would say the large majority of our lawyers graduated in the top 30% of their class from primarily top 20 schools. 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. This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. 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. Went through initial interviewing and then got an email to set up additional interviews afterwards. I have also been actively involved with the firms diversity council weve got some really exciting initiatives underway! This employer has not claimed their Employer Profile and is missing out on connecting with our community. That's why we make it our business to know yours. We help our clients navigate the most complex areas of law. Get a free, personalized salary estimate based on today's job market. Related Searches:All Summer Associate Salaries|All Vinson & Elkins Salaries. About Vinson & Elkins As we transition back to the office, everyone is happy to see everyone else., V&E's strength is its culture. 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. 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.. At V&E, our inclusion commitment starts at the top with members of our leadership who oversee our firm-wide diversity and inclusion initiatives. We also use third-party cookies that help us analyze and understand how you use this website. Thecommercial litigation group certainly keeps associates on their toes: One minute youre working on an arbitration and then it becomes a state court matter. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Both interviewers were female and were very personable and easy to talk to. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. 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. 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? Does anyone have any insight into the culture at Vinson & Elkins in Texas? 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. Are there any Dallas based Vinson & Elkins associates here? What is the culture like at Vinson & Elkins? Why are you interested in _____ practice area? Why do you want to work here? Its common to see partners popping over to their kids soccer game., Nobody takes themselves too seriously, was a common statement used by associates to describe the people at V&E, with this source proudly declaring: From the top down, the attorneys are just great people. 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. They really want to advance your career by allowing you to focus more on the type of work youre interested in. Thats why we make it our business to know yours. 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. Our sources had devoted time to asylum cases, which gave them valuable learning experiences. I hope you will make time in your schedule to get to know Vinson & Elkins! At this stage, the students are meeting more attorneys from their practice areas of interest, so we are expecting students to be able to give more insight into how they became interested in a specific practice area, explained Berrelez. Vinson & Elkins LLP We help our clients navigate the most complex areas of law. These metrics are important but I think they are far less important than longer term professional goals. The partners care and it shows., Everyone is extremely nice and helpful. 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). As an intern, didn't quite gain the hands-on experience I would have liked. among the clean energy industry. Interviews at Vinson & Elkins Experience Positive 67% Neutral 33% Getting an Interview Applied online 75% Campus Recruiting 25% Difficulty 2.6 Average Hard Average Easy Interviews for Top Jobs at Vinson & Elkins Summer Associate (6) Associate (4) Summer Vacation Scheme (3) Vacation Scheme (2) See more interviews for top jobs We had a partners retreat in October, and there has been a lot of travel between offices. Throughout the 8-10 week program, students participate in training programs covering substantive overviews of the firms practice areas, commitment to pro bono and diversity, as well as opportunities to learn more about the day-to-day life of associates. V&Es 2021 Summer Associate Program Launches, V&E is excited to welcome two students from the. 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. 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. Very family-like atmosphere. This new legislation levels the playing field. 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 salary trajectory of a Summer Associate ranges between locations and employers. Why did you choose this firm over any other? Hours can be long, but theres a fantastic sense of camaraderie, and people are always appreciative of the time you put in. V&Es program focuses on giving law students an exceptional experience with insights into the practice of law at V&E and knowledge of the firms clients and type of work, while providing real, hands-on work opportunities. Know Your Worth. Sep 14, 2020 - Summer Associate in Houston, TX Recommend CEO Approval Business Outlook Pros Very family-like atmosphere. 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. Since the program launched in 2008, V&E has awarded 145 Fellowships. Attorney Advertising. Just received piecemeal work. We'll assume you're ok with this, but you can opt-out if you wish. Prior Results Do Not Guarantee a Similar Outcome. Read employee reviews and ratings on Glassdoor to decide if Vinson & Elkins is right for you. Like all large law firms, hours are long. 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. 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. Maintained this atmosphere doing virtual internships. I went into the office for the interview where I interviewed with attorneys in sets of 2. V&Es eight domestic offices can be found in Austin, Dallas, Houston, Richmond, LA, New York, San Francisco, and DC. I am considering lateraling and would appreciate any insight. 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. Law Firm Training Contract Comparison Table. 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. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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.. At SMU . Law students from across the nation shared what they enjoyed most about Vinson & Elkins' Summer Associate Program. How accurate is this most likely Total Pay range (base + additional) of $154K-$275K/yr? 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. Providing deep legal experience with transactions, investments, projects, and disputes worldwide for over 100 years. 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. 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? Vinson & Elkins annual Summer Associate Program for its U.S. offices kicked off virtually on May 17. As a trainee in London you have the opportunity to be involved in our programming. Any help would be much appreciated! Any insight into Vinson & Elkins NYC Real Estate Group? We all work hard to learn the profession it's a hard profession, and thats not necessarily a bad thing. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The estimated total pay for a Summer Associate at Vinson & Elkins is $204,965 per year. The new quartet consisting of two corporate attorneys and two litigators are spread across Houston, Dallas, Austin, and New York. Moving forward, were focusing on four industries that are going through significant changes energy and infrastructure, technology, real estate and private equity. July 16, 2020 Alongside the firm's 134 summer associates, Vinson & Elkins welcomed two Sponsorship for Educational Opportunity (SEO) pre-law interns to the 2020 Summer Associate Program - Konadu Amoakuh and Virginia Thomas, who will both be attending law school in the fall. Juniors learn the ropes through admin tasks, but alongside this theres plenty of opportunity to hone more advanced drafting skills. Others also highlighted that pro bono provided them with a great opportunity to build connections at V&E and do cross-practice work. +1 713 758 2222. As youll see in any law firm, numbers are still lagging, in the partner ranks especially. 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, . But. 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