(June 19) – Houston-based corporate law firm Vinson & Elkins announced late Monday afternoon that it has raised the amount it is paying its first-year associates to $195,000.
V&E, which is one of the largest and most profitable law firms in Texas, informed its associates it is matching the compensation increases that national law firms operating in Dallas and Houston implemented last week.
Legal industry analysts predict that other Texas law firms, including Houston-based Baker Botts, are likely to do the same later this week.
In a memo to its associates, which are younger lawyers yet to . . .
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