Wilkinson Stekloff LLP, a renowned litigation boutique firm based in Washington, D.C., is set to distribute associate bonuses that surpass the market rate which was previously established by Milbank LLP. In an internal memo circulated on November 20, 2023, it was revealed that the proposed bonuses will exceed Milbank LLP’s rate by a significant 175%. This implies that the associates at Wilkinson Stekloff are about to receive up to $201K in bonuses.
The market rate referred to herein was laid down earlier this month by Milbank LLP, a leading multinational law firm headquartered in New York City. However, this recent development from Wilkinson Stekloff underscores the firm’s commitment to rewarding its associates in recognition of their invaluable contribution to the firm.
For further details on this developing story, feel free to check out the original coverage on Law360.