|
2005
First Year Associate Compensation - Domestic
Total First-Year Package*:
| Texas Offices |
$122,000 |
| Washington |
$125,000 |
| New York |
$125,000 |
*Includes sign-on and year-end bonuses — which vary by
location.
Benefits
Vinson & Elkins associates are provided with an
excellent, flexible benefits package that allows you to pay
for certain health and dependent care expenses with pre-tax
dollars.
Professional Fees &
Expenses
The firm pays your Bar Review, Bar Exam, and State Bar
Association expenses. In addition, the firm pays your
attorney occupation tax. Other expenses, such as continuing
legal education programs and an American Bar Association
membership, may also be paid by the firm with section head
approval.
Moving Expenses
The firm pays actual moving and travel expenses for new
attorneys.
Short-term medical coverage
Available through the firm in the U.S. between graduation
and arrival and may also be purchased for your spouse and
dependents.
Vacation
First through third year associates are entitled to 15 days
of paid vacation per calendar year. Fourth year and more
senior associates are entitled to 20 days of paid vacation
per calendar year.
Health Coverage
Includes a choice of In-Network or Out-of-Network medical
care options as well as excellent dental coverage, workers’
compensation and optional vision care. Coverage is effective
upon the first day of employment and may be purchased for
your spouse and dependents.
Income Security and Retirement
The firm provides life insurance from your first day of
employment equal to three times your annual base salary, as
well as accidental death and dismemberment coverage and
short- and long-term disability insurance. On the first day
of the month following an associate's first day of
employment, full-time associates are eligible to participate
in an excellent 401(k) retirement plan with nine investment
options.
Flexibility
Vinson & Elkins enables associates to meet familial
obligations several ways. The firm provides a 12-week leave
of absence with full pay and benefits for the birth or
adoption of a child, care of a seriously ill family member,
or serious health problems. We have also established a
formal flexible work arrangement policy for those who desire
a more flexible schedule.
Employee Assistance Program
Confidential counseling and information is provided for you
or your immediate family for help with personal problems,
stress-related situations, and substance abuse.
Parking or Transportation
Certain Vinson & Elkins offices provide a parking
allowance for associates; selected others provide
transportation stipends.
Money Management
A U.S. Savings Bond program, direct payroll deposit and
credit union services are available to all associates. |
