When will partners share the wealth with associates?
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Everyday that passes I lose hope that we’ll match Milbank (or that any firm will), which is ridiculous because we’re constantly reminded about how busy the firm is and I can feel it with billing 300 hours again this month.
—An anonymous Above the Law tipster at an Am Law 100 firm sharing their perspective on Biglaw’s seeming reluctance to respond to the summer bonuses at Milbank. On August 8th Milbank delighted associates with summer bonuses ranging from $6,000 to $25,000, depending on class year. So far, no other Biglaw firms have matched those bonuses.
