February 8, 2018 - 3:29pm
Vinson & Elkins LLP announced that its associates would receive bonuses matching or in some cases exceeding those on the now-familiar scale established by Cravath Swaine & Moore LLP, which has remained the market standard for several BigLaw firms.
Associates who receive strong reviews or who logged an above-target numbers of hours, including work on pro bono matters, are eligible to receive between 1.1 and 1.35 times the standard class-level bonus amount.