{"id":129852,"date":"2025-08-07T14:16:21","date_gmt":"2025-08-07T22:16:21","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/08\/07\/milbank-issues-summer-bonuses\/"},"modified":"2025-08-07T14:16:21","modified_gmt":"2025-08-07T22:16:21","slug":"milbank-issues-summer-bonuses","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/08\/07\/milbank-issues-summer-bonuses\/","title":{"rendered":"Milbank Issues Summer Bonuses"},"content":{"rendered":"
\"\"
(Image via Getty)<\/figcaption><\/figure>\n

After boutique firm Vartabedian Hester & Haynes offered summer bonuses<\/a> and midsized firm Otterbourg joined the fun<\/a>, we wondered if the Biglaw bonuses would eventually follow.<\/p>\n

The answer is yes\u2026 at least at Milbank. <\/p>\n

Earlier today, the firm announced that it would be paying out special bonuses to associates and counsel across its global presence. Hey, lawyers have to pay for all that Trump tariff inflation starting today too!<\/p>\n

Milbank has taken a lead on attorney compensation for a while now, causing ripples in the old guard \u201cwait and see\u201d approach in Biglaw by issuing earlier bonuses<\/a> and even cost of living adjustments<\/a> to keep its team properly valued.<\/p>\n

\"\"
<\/figcaption><\/figure>\n

Will the rest of Biglaw follow? Despite the follow-the-leader nature of an industry in a constant pitch battle for talent, firms have left Milbank hanging on compensation moves in the past. Hopefully this is one of those times where the industry pitches in.<\/p>\n

This can take a little of the sting out of working for a firm that promised Trump $100 million in free legal services<\/a>.<\/p>\n

Please help us help you when it comes to salary news at other firms. As soon as your firm\u2019s memo comes out, please\u00a0email it to us<\/a>\u00a0(subject line: \u201c[Firm Name] Salary\u201d) or text us (646-820-8477). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don\u2019t want to forward the original PDF or Word file.<\/p>\n

And if you\u2019d like to sign up for ATL\u2019s Salary & Bonus Alerts, please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don\u2019t need to do anything. You\u2019ll receive an email notification within minutes of each bonus announcement that we publish.<\/p>\n

\n

\"Headshot\"Joe Patrice<\/a>\u00a0is a senior editor at Above the Law and co-host of Thinking Like A Lawyer<\/a>. Feel free to\u00a0email<\/a> any tips, questions, or comments. Follow him on\u00a0Twitter<\/a>\u00a0or Bluesky<\/a> if you\u2019re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search<\/a>.<\/em><\/strong><\/p>\n

The post Milbank Issues Summer Bonuses<\/a> appeared first on Above the Law<\/a>.<\/p>\n

\"\"
(Image via Getty)<\/figcaption><\/figure>\n

After boutique firm Vartabedian Hester & Haynes offered summer bonuses<\/a> and midsized firm Otterbourg joined the fun<\/a>, we wondered if the Biglaw bonuses would eventually follow.<\/p>\n

The answer is yes\u2026 at least at Milbank. <\/p>\n

Earlier today, the firm announced that it would be paying out special bonuses to associates and counsel across its global presence. Hey, lawyers have to pay for all that Trump tariff inflation starting today too!<\/p>\n

Milbank has taken a lead on attorney compensation for a while now, causing ripples in the old guard \u201cwait and see\u201d approach in Biglaw by issuing earlier bonuses<\/a> and even cost of living adjustments<\/a> to keep its team properly valued.<\/p>\n

\"\"
<\/figcaption><\/figure>\n

Will the rest of Biglaw follow? Despite the follow-the-leader nature of an industry in a constant pitch battle for talent, firms have left Milbank hanging on compensation moves in the past. Hopefully this is one of those times where the industry pitches in.<\/p>\n

This can take a little of the sting out of working for a firm that promised Trump $100 million in free legal services<\/a>.<\/p>\n

Please help us help you when it comes to salary news at other firms. As soon as your firm\u2019s memo comes out, please\u00a0email it to us<\/a>\u00a0(subject line: \u201c[Firm Name] Salary\u201d) or text us (646-820-8477). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don\u2019t want to forward the original PDF or Word file.<\/p>\n

And if you\u2019d like to sign up for ATL\u2019s Salary & Bonus Alerts, please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don\u2019t need to do anything. You\u2019ll receive an email notification within minutes of each bonus announcement that we publish.<\/p>\n

\n

\"Headshot\"Joe Patrice<\/a>\u00a0is a senior editor at Above the Law and co-host of Thinking Like A Lawyer<\/a>. Feel free to\u00a0email<\/a> any tips, questions, or comments. Follow him on\u00a0Twitter<\/a>\u00a0or Bluesky<\/a> if you\u2019re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

(Image via Getty) After boutique firm Vartabedian Hester & Haynes offered summer bonuses and midsized firm Otterbourg joined the fun, we wondered if the Biglaw bonuses would eventually follow. The answer is yes\u2026 at least at Milbank. Earlier today, the firm announced that it would be paying out special bonuses to associates and counsel across […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-129852","post","type-post","status-publish","format-standard","hentry","category-above_the_law"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/129852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=129852"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/129852\/revisions"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=129852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=129852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=129852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}