Milbank's significant increase in associate salaries, ranging from $235,000 to $455,000, is highlighting a growing disparity in compensation among top-tier law firms. This move matters to legal professionals as it signals a potential shift in compensation benchmarks and could create a divide between firms that can afford such raises and those that cannot. An implication to watch is whether other major law firms will follow suit, potentially exacerbating the competitive landscape for top legal talent.
Read the full article at Above the Law
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Ali NematiWritten by Ali
