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It also raises concerns that law firms and their clients will soon feel the brunt of the continued arms race over salaries.
November 08, 2019 at 03:08 PM
1 minute read
The original version of this story was published on The American Lawyer
Milbank’s uncharacteristically early associate bonus announcement demonstrates just how competitive the war for talent has become and raises concerns that law firms and their clients will suffer from the continued arms race over salaries.
On Thursday, Milbank chairman Scott Edelman announced that the firm’s first-year associates would take home a $15,000 end-of-year bonus, while senior associates on the upper scale would receive a $100,000 bonus.
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