Credit: Felix Pergande/Adobe Stock Top Performers 'Likely' To Raise Associate Pay After Milbank's Move, but Broad Hesitancy Lingers
The market hesitation was underscored by the lack of immediate, similar moves. Some firms were still waiting on other market leaders to move, sources said.
November 08, 2023 at 04:25 PM
6 minute read
Lawyer Compensation - General
The original version of this story was published on The American Lawyer
Some elite firms that typically compete at the top of the market are likely to raise associate salaries after Milbank increased its pay scale on Tuesday, but on the whole, there's more reluctance in the market this year for wholesale market matching, recruiters and industry observers say.
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