The skyline of Austin, Texas. Credit: Matthew/Adobe Stock Homegrown Texas Firms V&E, Akin, Baker Botts Match Cravath Salary Scale
The two Am Law 100 firms are the first Texas-founded firms to announce they have moved to the new, higher salary scale set by Cravath Swaine & Moore this week.
December 01, 2023 at 11:06 AM
4 minute read
Law Firm Competition
Am Law 100 firms homegrown in Texas are following Big Law compensation moves, with Vinson & Elkins and Akin Gump Strauss Hauer & Feld notifying associates on Thursday — and Baker Botts on Friday — that they will be paid at the new higher salary scale set by Cravath.
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