I am considering lateraling and would appreciate any insight. You also have the option to opt-out of these cookies. 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. Corporate/M&A. Vinson & Elkins LLP. The estimated total pay for a Summer Associate at Vinson & Elkins is $17,021 per month. 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 . 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. I feel privileged to have received a V&E Diversity Fellowship. Vinson & Elkins 16h Report this post . V&E grew their revenue by $45 million last year. Any help would be much appreciated! 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. How: Online at www.velaw.com/careers/london-graduate-recruitment. 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. 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. 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. The firm's expertise. I interviewed at Vinson & Elkins. 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. 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. But opting out of some of these cookies may have an effect on your browsing experience. Vinson & Elkins Is this your company? 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. 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. 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. Culture fit and interpersonal skills are important., We are looking for well-rounded, driven, personable people eager to learn and work hard.. No ones breathing down my neck in terms of billables, explained an untroubled source, summing up the vibe at V&E. With the increase in compensation, the industry has increased its focus on billable hours and revenue generation. 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 The estimated total pay for a Summer Associate at Vinson & Elkins is $204,965 per year. Fueled by the Lone Star States energy economy, this Houston-born firm shines the brightest. For more information, please speak with our media contacts. Person in charge of recruitment: James Pritchard, Recruitment Coordinator. Attend an American Bar Association accredited law school in the U.S. Represented Woodside Petroleum during its $30 billion merger with BHP Petroleum. 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. Moving forward, were focusing on four industries that are going through significant changes energy and infrastructure, technology, real estate and private equity. 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. Average Annual Pro Bono Hours Across Our Communities, Vacation Placement & Trainee Opportunities, Opportunities for Professional Assistants, Support Staff, Paralegals, and More. Related Searches:All Summer Associate Salaries|All Vinson & Elkins Salaries. As youll see in any law firm, numbers are still lagging, in the partner ranks especially. At SMU . 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. Berrelez explained that in the spring of their 3L year, we send out our Practice Group Preference Survey, which each incoming new lawyer will complete. The firm uses those survey responses to determine practice group assignments based on client and practice group needs. Students receive an offer to join the firm at the end of the program. Today, Vinson & Elkins announced to associates they were increasing salaries to the new Davis Polk compensation scale. 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. Vinson & Elkins is synonymous with this kind of work - particularly renewables and transitions - but you should also be aware that it sets its sights on sectors beyond energy, particularly when it comes to technology, infrastructure, and real estate. 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. Like most law firms, most partners are too busy to pay attention to you or help assure you are treated fairly. The Ultimate Job Interview Preparation Guide. 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. Lasted about 30 minutes. 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. 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. How would you rate the inclusiveness of your workplace environment? and the opportunity to clerk in one of our U.S. offices the summer following their 1L or 2L year. 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. It was unclear whether this was good or bad, I applied online. Casual conversation and did not feel like they were interrogating. Call-back offers are made within several days for students to return for a follow-up interview. 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This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. 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. Are you implementing any specific programs/initiatives with regards to technology? Lets say profit per partner grows 5% to $5.46 million. 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. Partner, Complex Commercial Litigation (CCL) How much involvement do trainees have in the deals and transactions they are assisting on at Vinson & Elkins? The firm dropped the welcome news in a Zoom meeting, not via a memo. I applied online. 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. Were looking ahead to a period of significant growth, and the location of leadership will give an indication of our focus, says Fullenweider. 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. We heard that each office has its own strengths: Houston is reportedly big on M&A, while New York isa go-to for project finance and private equity, and LA deftly handles tax equity matters. Manuel Berrelez, Lead Partner for Recruiting, Applicants invited to second-stage interviews (OCI & Pre-OCI): 477. Anyone have any scoops/gossip/firsthand experience on Vinson & Elkins SF office culture? Most offices have two or three 30-minute interview slots and a lunch (if the interview is in-person). The 2023 1L Diversity Fellowship application is now closed. 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. On Fishbowl, you can share insights and advice anonymously with Vinson & Elkins employees and get real answers from people on the inside. The 2023 2L Diversity Fellowship application is now closed. The firm also collects resumes from numerous other schools. The estimated base pay is $140,386 per year. 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 process took 5 days. Went through initial interviewing and then got an email to set up additional interviews afterwards. 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. I would say the large majority of our lawyers graduated in the top 30% of their class from primarily top 20 schools. Law students must attend and be in good standing at an American Bar Association accredited law school. We had a partners retreat in October, and there has been a lot of travel between offices. At V&E, our inclusion commitment starts at the top with members of our leadership who oversee our firm-wide diversity and inclusion initiatives. They also followed up on the phone even though I didn't get the position, which is unnecessary and very kind. How would you rate your overall job satisfaction? No specific deadline available at last review, 12/31 is a placeholder. In Texas, the firms banking & finance, bankruptcy/restructuring, capital markets, corporate/M&A, environment, real estate, and tax groups are deemed gold star material. 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. Researched and wrote memoranda for the both complex commercial litigation and intellectual property practice groups on . Opens the Fishbowl by Glassdoor site in a new window. Why do you want to work here? The partners care and it shows., Everyone is extremely nice and helpful. Each awarded student receives a scholarship ($25,000) and the opportunity to clerk in one of our U.S. offices. 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. be a game changer for the energy mix. Know Your Worth. 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. The firm is trying hard to build back what we had pre-pandemic. I applied through college or university. Vinson & Elkins LLP. For further information on V&Es commitment to equality please see our dedicated page atwww.velaw.com/about-us/diversity-inclusion. You want to like the place youre working. 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. Good people to work with. We help our clients navigate the most complex areas of law. Overall, were confident in our flexible approach as we go forward into 2022. +1 713 758 2222. Its exciting to feel like youre making a real contribution, and to have the opportunity to work closely with everyone from associates to partners. among the clean energy industry. . Firm reached out through their recruiter. Verify your email to use filters. And we aim to help you see around corners - today and tomorrow. 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. Prior to joining V&E, she served as the Assistant Director of Career Services at SMU Dedman School of Law. 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. In fact, the friendly nature and approachability of all staff members and the collegiate atmosphere is one of the best things about V&E. Weren't able to assign you to specific teams due to COVID. Just received piecemeal work. Done in December. I was offered an in-person interview after applying online. 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 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. I have also been actively involved with the firms diversity council weve got some really exciting initiatives underway! Cons Weren't able to assign you to specific teams due to COVID. We help our clients navigate the most complex areas of law. Are there any Dallas based Vinson & Elkins associates here? 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. Demonstrated interest in working at Vinson & Elkins, joining the firm as a Summer Associate, and advancing the firm's Diversity & Inclusion initiatives. 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. We offer a competitive salary of $4,135 per week. Perks: Medical insurance, dental insurance, travel insurance, life insurance, Simply Health cash plan, subsidised gym membership, access to private GPs, employee assistance programme, pension, cycle scheme and interest-free season ticket loan. Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment, University: In terms of compensation, juniors gave the firm a thumbs up. Our outgoing leadership team has made DE&I a top priority. 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. 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? Youre not married to your sponsor! one source joked. 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. Weve invested in our investigations and construction disputes practice in anticipation of these trends. why are you interested in litigation? 1001 Fannin Street, Suite 2500, Houston, TX 77002-6760 Website www.velaw.com. Congratulations to our Houston 1L summer associates on their return offers for 2020! 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. The program will run until July 23, 2021. I interviewed at Vinson & Elkins. People genuinely like spending time together while working or otherwise. 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. CA: What is the greatest challenge facing the firm in the next decade? Any insight into Vinson & Elkins NYC Real Estate Group? Diversity and inclusion at Vinson & Elkins. 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