Scott Edelman of Milbank, Tweed, Hadley & McCloy.
After igniting a round of major associate pay increases early this month, only to be upstaged by even higher raises at Cravath, Swaine & Moore a few days later, Milbank, Tweed, Hadley & McCloy has opted to meet Big Law’s new top-of-the market standard.
On Tuesday Milbank finally responded to Cravath’s one-upmanship, confirming it will match the pay scale that Cravath has established for associates at the most profitable U.S. law firms.
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