Am Law 100 firm Vinson & Elkins is the first large homegrown Texas firm to move to the higher associate salary scale set this week by Davis Polk & Wardwell.
February 25, 2022 at 04:01 PM
3 minute read
Senior reporter
Vinson & Elkins has raised associate salaries to the new Davis Polk & Wardwell scale, becoming the first large homegrown Texas firm, but not the only Big Law firm, to meet what’s become the new market rate.
A number of other Big Law firms have also just confirmed they will also pay the Davis Polk scale, which was announced by the firm this week and pays $215,000 to first-year associates and ranges up to $396,500 for eighth-year associates.
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