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Vinson & Elkins's starting salary ranges from $145,000 to $160,000, depending on the office. Firm's profits per equity partner in 2009 - the most recent year for which data are available - were $1,270,000,.
There is a set bonus for first-year associates; more senior associates are eligible for different bonus levels at 1,950, 2,150, and 2,300 hours.
A market leader among Texas firms, V&E was the first Texas-based firm to set first-year associate compensation at $160,000. However, the firm is said to have a confusing compensation system.
V&E also reimburses for a bar review course and exam expenses. Other benefits offered by V&E include laptop computers, access to a 24-hour concierge and errand service, monthly wine-tasting dinners for attorneys and guests, subsidized parking, and subsidized gym memberships.
Large portion of medical, dental, life, and long-term disability insurance; savings plans; paid maternity leave; phase-in maternity leave return policy; flexible work arrangement opportunities; flexible benefit plan for medical and dependent care; ABA state and local bar organization memberships.
Laptop computers with remote access and Blackberry devices. Option for a $200 reimbursement on an alternative smart phone and a monthly data plan stipend.