Milbank Outmatched - So What Does It Do?

Of course, one bit of unfinished business in raises/bonuses for law firm associates is: What will Milbank do? Fishbowl Big Law takes a look at that.

A number of responses have already come in. They range from:

As a market leader it doesn't have to do anything.

to 

It will wait until all firms make their announcements, then match.

I vote for the latter.

Meanwhile, other unfinished business is that the two hot firms right now - Kirkland & Ellis and Paul, Weiss - haven't made any announcement. My hunch is that their associates aren't able to get to sleep tonight (It's 2:10 A,M. New York Time). Either they're:

In high angst about the possibility of  no raise/no large bonus

or

In high euphoria about the possibility that their firms will blast beyond Cravath. 

Soon enough those seeking attention in the media will decry the size of the raises and of the bonuses. They did that before when first-years, with no experience, earned $215k. And now it's more. So much for thought leadership.

Data or the gut for your careers and communications? Both of course. Complimentary consultation with intuitive coach, content-creator, and Tarot reader Jane Genova (text 203-468-8579, janegenova374@gmail.com).


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