Milbank Joins Year-End Associate Bonus Parade

Law360, New York (December 1, 2011, 7:49 PM EST) -- Milbank Tweed Hadley & McCloy LLP confirmed Thursday that it will join the parade of law firms handing out year-end associate bonuses, at levels matching the other firms.

Milbank spokeswoman Ellen Musante confirmed a Wednesday report in legal blog The Am Law Daily that the firm's bonuses will match the scale established by Cravath Swaine & Moore LLP on Monday: $7,500 for first-year associates from the class of 2010 to $37,500 for seventh-year associates from the class of 2004.

Musante declined further comment.

The $7,500 for...
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