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Analysis

3 Takeaways From The Recent Round Of Associate Raises

Law360 (June 19, 2018, 7:00 PM EDT) -- The recent race among law firms to raise salaries and bonuses for associates is likely to change the recruitment landscape for young lawyers and put further distance between an elite echelon of highly profitable firms that can attract the top talent and everyone else, but the upshot for clients is less clear.

This year’s race to boost associate compensation kicked off more than two weeks ago when Milbank Tweed Hadley & McCloy LLP announced its plan to raise salaries by $10,000 or $15,000, bringing starting salaries...
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