The World Waits for The Cravath Announcement

 The anticipation builds - as evidenced here on Fishbowl Big Law - about Cravath's Milbank match on salary and bonus. 

The Announcement is expected today since there is rumored to a Partner meeting. Some speculation is that the combo package for first-years of salary and bonus will total $250k.

After Cravath makes the market then the pressure is on those law firms which did quite well in 2023, even though it had been a down year for a number of other law firms. Those which will feel the muscle put on them to come up with the big bucks for associates include Kirkland & Ellis (my, my, your name is all over bankruptcy work) and Paul, Weiss (You represented Chevron, Google, and more). Yes, they played, now they have to pay those hard-working associates.

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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