Firms Quickly Follow Milbank In $200K First-Year Salary Bump

Law360 (June 10, 2021, 2:03 PM EDT) -- Milbank LLP upped the ante on BigLaw associate salaries Thursday, announcing global raises that will bring first-year associate base pay in the U.S. up to $200,000, prompting two other large law firms to quickly follow suit with their own raises.

Is Your Firm Matching? Please email tips to The salary increases announced by Milbank, which will be implemented July 1, include increases across all the firm's global offices with a single scale for associates in its U.S., London, Asia and Sao Paulo offices that starts at $200,000 for first-year associates and hits $355,000 for senior associates.

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