Milbank - Briefly

Above the Law

Law

Milbank Spread The Wealth Through Salary Increases Because 2023 Was A Record Financial Year For The Firm

Milbank raised salaries to $225K baseline after a record-breaking year in 2023, with revenue growing by 17.8% to $1.514 billion and profits per equity partner jumping 18.6% to $5.114 million.

Milbank's success was driven by increased workload across the firm, with practices like private equity, energy and infrastructure, restructuring, and litigation seeing significant gains in 2023. [ more ]

ABA Journal

5 months ago

Law

Not to be outdone, first-mover Milbank increases its raises for some associates

Milbank, the first BigLaw firm to announce associate pay hikes this year, is adjusting its pay scale after other firms embraced a more generous scale.

Midlevel and senior associates at Milbank will receive higher pay than initially announced, with those in the class of 2016 receiving $435,000. [ more ]

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Above the Law

5 months ago

Law

Milbank Proves The Only Thing Better Than One Raise Is Two Raises

Milbank is committed to paying their associates at the very top of the market and pushes the rest of Biglaw to do the same

Biglaw firms are re-raising the salaries of midlevel and senior associates to match the updated market level [ more ]

#Milbank#Milbank

Milbank Spread The Wealth Through Salary Increases Because 2023 Was A Record Financial Year For The Firm

Not to be outdone, first-mover Milbank increases its raises for some associates

Milbank Proves The Only Thing Better Than One Raise Is Two Raises

#Milbank
#Milbank