Biglaw Firm Is Done With The Waiting, Announces Associate Salary Raises
“It’s been three weeks since the latest edition of the associate salary wars began, thanks to a raise announcement by Milbank. While in the past, when one Biglaw firm announces across the board salary hikes the rest of the market has been quick to respond, that has not been the case this time around.,” reports Kathryn Rubino in Above The Law.
“Yes, some firms have matched the new compensation scale, but large swaths of the industry seem to be taking a wait-and-see approach.”