Photo: freshidea/Adobe Stock Matching Davis Polk Is a Short-Term Win in a Hot Market. But What Happens Next?
"Whether a firm chooses to match or not match will not only impact a firm's success in the associate hiring market, but it will also impact the lateral partner market," one legal recruiter said.
June 14, 2021 at 05:00 AM
5 minute read
Davis Polk & Wardwell's decision to one-up the market for associate salaries has solidified the firm as a market-maker in compensation—at least for now. For firms that follow the lead, it will send a clear message to the talent market in the short term, but the long-term effects may be more disparate.
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