Counsel News and Events for Attorneys and Executives

More Firms Follow Cravath’s Lead to $180,000 Starting Associate Pay

By on June 8, 2016 in Employment, Law Firm Management

Money-payment-cashJust one day after Cravath, Swaine & Moore announced an increase in associate salaries, bringing first-years’ pay up to $180,000, BigLaw firm Milbank, Tweed, Hadley, & McCloy told its associates that it would match the new scale, according to Above the Law.

The site also reports that California litigation boutique Hueston Hennigan matched the new salaries only about four hours after Cravath’s announcement.

David Lat, Above the Law managing editor, wrote that Milbank Tweed has more than 600 lawyers and $700 million in annual revenue.

Read the article.

 

 

 

image_pdfimage_print
Spread the love

Tags:

Top