Three Weeks, No Movement on Milbank Match/Toppers - Media Coverage, Gossip Continue

 Even though junior lawyers in Big Law are pulling in big bucks, at least in middle-class America compensation levels, there is sustained concern if their law firm will match or top the Milbank summer bonus. That has become a media story, covered today in Bloomberg Law, as well as in extensive chatter including today on professional anonymous networks (PANs) such as Reddit Big Law.

It's a downright obsession, as if associates were struggling with financial survival like flight attendants and myriad content-creators. However, as Bloomberg Law notes, given the current economy and with power returning to law-firm management, there is no real pressure for the leadership to cave. Sure, there is plenty of balking on PANs but who cares. Except for midlevels and senior associates, most of the associates are, as the saying goes, "a dime a dozen." Let them grouse. 

The dynamics of large law firms operate on power and Profits Per Equity Partner (PPEP). Associates don't have the power. Their bonus could deliver a ding to PPEP. 

In business and life you usually have only one shot at whatever. Up the odds of success with Jane Genova. I am an intuitive coach, tarot reader and content-creator. Complimentary consultation (please text/phone 203-468-8579 or email janegenova374@gmail.com)