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Vinson & Elkins associates are having their salaries thawed out and returned to where they would have been without the salary freeze. This puts V&E at the top of the muddled salary market.
UPDATE: We’ve received tips saying that only New York associates are getting the salary boost. If you have any hard information on the state of V&E associate salaries outside of New York, send us a tip here.
The firm is also handing out Cravath scale bonuses. What is missing is any kind of “make whole” bonus, to restore the money associates missed out on by having their salaries frozen to begin with.
Vinson & Elkins LLP is an international law firm with more than 770 lawyers across 14 offices worldwide, including 19 lawyers in Abu Dhabi and Dubai. The firm was founded in Houston, Texas, in 1917 by James Elkins and WIlliam Vinson.
