Milbank Latest Firm Reported To Match Cravath's $60K Bonus

Law360, New York (December 3, 2012, 3:43 PM EST) -- Milbank Tweed Hadley & McCloy LLP on Friday reportedly joined a slew of law firms in matching Cravath Swaine & Moore LLP's year-end associate bonus scale, which reaches $60,000 for senior associates.

Milbank attorneys will receive associate bonuses ranging from $10,000 to $60,000, which will be paid on Jan. 15, according to legal blog Above the Law. The announcement follows news that seven other firms will hold to the same bonus scale as Cravath, which announced its bonuses on Nov. 26.

Sources with Paul Weiss Rifkind...
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