It appears that there has never been a better time to be part of the team at Milbank. Following today’s announcements, it seems the law firm is raising the base compensation of its associates and introducing year-end bonuses. Details about these new initiatives can be found here.
In other industry news, Gibson Dunn, has joined forces with a hotline for victims of campus antisemitic harassment. The BigLaw firm’s commitment to combating antisemitism seems to go beyond simple PR moves. Interested readers can learn more here.
Nixon Peabody has emerged in somewhat controversial news following its connection to Donald Trump. Some stakeholders are seeking clarity on this association, and you can find more on the story here.
Cravath is making industry waves after deciding upon a two-tiered partnership model. Specifically, the law firm is opting for non-equity partnerships – a unique change in traditional partnership structures in big law firms. The ins and outs of this decision have been laid out here.
As legal professionals consider their career trajectory, the choice between BigLaw and boutique firms becomes significant. Cohen & Ziffer’s managing partner has shared some insightful thoughts on why choosing a boutique firm might be the best career move. Read the full conversation here.
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