Survey Results - Trainee feedback on Vinson & Elkins RLLP

The Lex 100 verdict on Vinson & Elkins RLLP

Houston-headquartered Vinson & Elkins LLP is a stalwart of the energy sector and provides trainees with an international outlook and global experience. A Lex 100 Winner for salary and international secondments, trainees have had opportunities to travel: as one comments, ‘it was good to experience a different office – you end up working with a lot of these people when you’re working out of London, so is good to build the relationships. Doing work focused around a different region was also really interesting’. Trainees are attracted to V&E because of the ‘high levels of responsibility,’ ‘top-calibre work,’ ‘lots of client exposure,’ ‘small intake’ and the ‘friendly, down-to-earth culture’. This smaller intake means that trainees receive lots of individual attention: ‘I liked the sectors that V&E worked in (energy) and also the small cohort. Having completed a vacation scheme here, you get a sense of how friendly everyone is and how flat the overall hierarchy is’. Long hours can be a factor but trainees appreciate the firm’s approach to training finding it is ‘superior in almost every way’. One trainee sums up: ‘I have all the benefits of working in a smaller office: more contact with partners, much higher levels of responsibility, more client contact and fundamentally better training, whilst still getting to work on market-leading cross-border deals and disputes’. If this sounds appealing, Vinson & Elkins is worth exploring.

The firm: Vinson & Elkins’ London office opened in 1974, making it one of the oldest of any US firm. Its clients are predominantly in the energy, finance and infrastructure sectors and the London office specialises in M&A, private equity and special situations, construction, project development and finance, international arbitration and litigation, corporate and structured finance, and tax.

The clients: Equinor; Saudi Aramco; SOCAR; Helios Investment Partners (including Helios Towers Africa); KKR; Saipem; Apollo; Blackstone; JP Morgan.

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$5.65bn greenfield oil refinery in Turkey on the Aegean Sea; advised The Panama Canal Authority in relation to the construction and engineering aspects of the £3.4bn Panama Canal Expansion Program in Panama; advised Africa Oil Corporation in relation to its US$1.4bn acquisition (and related financing) of a 50% ownership interest in Petrobras Oil and Gas BV; advised KKR in the sale of European Locomotive Leasing, a leading pan-European provider of electric locomotive leasing solutions, to AXA Investment Managers – Real Assets and Crédit Agricole Assurances; advised Vía Célere, the largest homebuilder in Spain and Värde Partners portfolio company, on its offering of €300m aggregate principal amount of senior secured notes due 2026 and €30m super senior revolving credit facility – the first green bond by a residential real estate developer in the Euro market.

Life as a trainee... Afzaal Abidi, newly qualified associate, Vinson & Elkins LLP

Afzaal Abidi, Vinson & Elkins RLLP

Departments to date: Complex commercial litigation; Energy, transactions and projects; Mergers and acquisitions and capital markets; Employment

University: University of Nottingham, University of Kent

Degree: Senior Status LLB, 2(1), American Studies, 1st

How does the summer vacation placement programme link into the training contract process?
The summer vacation scheme is an integral part of the recruitment process at Vinson & Elkins, with most, if not all, of our trainees being hired through the scheme. 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. More importantly, the scheme gives participants the chance to establish whether or not the firm is right for them. 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.

How is the training programme structured at Vinson & Elkins?
The unique structure of Vinson & Elkins’ training programme was, for me, one of the strongest draws. 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. Things get a bit more interesting in the second year; trainees are non-rotational, and may pick up or carry forward the work that most interests them. 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. International secondments are also available to those who express interest, with trainees having been seconded to the firm’s Houston, Tokyo and Dubai offices in the past.

What does a typical day as a trainee at Vinson & Elkins consist of?
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. As such, the work is incredibly varied; an M&A deal may see me liaising with counsel in Equatorial Guinea in relation to the acquisition of offshore exploration and production assets, whereas projects work may involve drafting contracts for the engineering and construction of a major waterways project in Central America. I have also been actively involved with the firm’s diversity council – we’ve got some really exciting initiatives underway!

How much involvement do trainees have in the deals and transactions they are assisting on at Vinson & Elkins?
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. This could be anything from drafting documents, conducting research, attending meetings or interacting with clients. It’s exciting to feel like you’re making a real contribution, and to have the opportunity to work closely with everyone from associates to partners. The learning curve can be steep at times, but I’ve never felt unsupported, and I’ve enjoyed getting progressively more responsibility as I’ve advanced through each seat.

What is the culture like at Vinson & Elkins?
We’ve 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. It’s clear to see how our Texan roots have shaped the firm’s values; the sense of community and support are apparent as soon as you set foot into the office. Everyone’s down to earth, and it’s 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. Hours can be long, but there’s a fantastic sense of camaraderie, and people are always appreciative of the time you put in. There are plenty of opportunities to blow off steam, too, with social events held throughout the year, and of course the famed Christmas party. 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!

About the firm

Training principal: Andrew Nealon

Managing partner: Alex Msimang

Other offices: Austin, Dallas, Dubai, Houston (head office), Los Angeles, New York, Richmond, Riyadh, San Francisco, Tokyo, Washington.

Who we are: Vinson & Elkins is a leading US-based international law firm with more than 700 lawyers located in 12 cities across the globe.

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 and special situations, construction, project development and finance, international arbitration and litigation, corporate and structured finance, and tax.

What we’re looking for: We are looking to recruit ambitious individuals with exceptional academic results, sound commercial awareness and rounded personalities. The ability to think laterally and creatively is essential, as is a need for common sense and a willingness to take the initiative.

What you’ll 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.

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.

Sponsorship: V&E will fund the preparatory course(s) and examinations for the SQE or, where eligible, the LPC and offers a maintenance grant for courses commenced after the date of a training contract offer.

Diversity and inclusion

Louise Woods
Partner, Complex Commercial Litigation (CCL)
V&E Diversity Council Co-Office Lead
Co-Chair of London Women’s Initiative
CCL Talent Lead

At V&E, our inclusion commitment starts at the top with members of our leadership who oversee our firm-wide diversity and inclusion initiatives. I hold an office lead role for a number of the firm’s diversity initiatives to support participation and progress in London, as I believe strongly in the work we are doing to achieve equality — inclusive of diverse interests, backgrounds, perspectives, race, ethnicity, national origin, gender, gender identity and expression, sexual orientation, age, religion, and physical ability.

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. Our participation in diversity-focused career fairs and recruiting programmes allows us to identify top-notch legal talent. 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. 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.

As a trainee in London you have the opportunity to be involved in our programming. We have an active Diversity Council that is responsible for running our 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. The Women’s 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. The initiative benefits all of our lawyers as the programming includes business development training, mentoring programmes and family-friendly initiatives. 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.

I hope you will make time in your schedule to get to know Vinson & Elkins!
For further information on V&E’s commitment to equality please see our dedicated page at www.velaw.com/about-us/diversity-inclusion.