|
2007 First Year Associate Compensation - Domestic
Total First-Year Package*:
| Texas Offices |
$147,000 |
| Washington |
$150,000 |
| New York |
$150,000 |
|
*Includes sign-on, graduation, arrival 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. |
