Top 20 Biglaw Firm Hasn’t Announced A Match, But Associates Say they’ve Received Milbank Raises After Reviews
“Almost three weeks have passed since Milbank first announced its new salary scale, and while a number of Am Law 100 firms and boutiques have already matched, associates are growing impatient with this waiting game. When will Biglaw firms show them the money? As it turns out, some firms may be,” reports Staci Zaretsky in Above The Law.
“Above the Law has been told that reviews are well underway at at Cooley a firm that came in at No. 19 in the most recent Am Law 100 ranking, having brought in $1,552,149,000 gross revenue in 2020. As part of that process, sources say reviewing partners have told associates that their new salaries are equal to the Milbank scale. But wait.”
