{"id":130330,"date":"2025-08-12T13:13:48","date_gmt":"2025-08-12T21:13:48","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/08\/12\/some-law-firms-cant-afford-not-to-match-milbanks-summer-bonuses\/"},"modified":"2025-08-12T13:13:48","modified_gmt":"2025-08-12T21:13:48","slug":"some-law-firms-cant-afford-not-to-match-milbanks-summer-bonuses","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/08\/12\/some-law-firms-cant-afford-not-to-match-milbanks-summer-bonuses\/","title":{"rendered":"Some Law Firms \u2018Can\u2019t Afford\u2019 Not To Match Milbank\u2019s Summer Bonuses"},"content":{"rendered":"<p><em><u>Ed. note<\/u>: Welcome to our daily feature, <a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p class=\"has-large-font-size\"><strong>There\u2019s a new pecking order at the top of [Biglaw]. This helps separate the wheat from the chaff in terms of those who compete at the very top. Some firms can\u2019t afford not to follow.<\/strong><\/p>\n<p class=\"has-large-font-size\"><strong><em><i>\u2014 <\/i><strong><strong>Peter Zeughauser, a <strong><em><strong><strong>legal consultant <\/strong><\/strong><\/em><\/strong>with the\u00a0<a href=\"https:\/\/www.law360.com\/companies\/zeughauser-group-llc\" rel=\"nofollow noopener\" target=\"_blank\">Zeughauser Group<\/a>,\u00a0in comments given to <a href=\"https:\/\/www.law360.com\/pulse\/articles\/2375812\/why-milbank-s-summer-bonuses-may-catch-on-this-year\" rel=\"nofollow noopener\" target=\"_blank\">Law360 Pulse<\/a><\/strong><\/strong>, concerning the likelihood that other firms will match <a href=\"https:\/\/abovethelaw.com\/2025\/08\/milbank-issues-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Milbank\u2019s generous summer bonuses<\/a>. Milbank\u2019s bonuses range from $6,000 to $25,000, based on class year. While no other Biglaw firms have matched, thus far, four other firms have announced their own summer bonuses: <a href=\"https:\/\/abovethelaw.com\/2025\/07\/summer-bonuses-are-finally-here\/\" rel=\"nofollow noopener\" target=\"_blank\">Vartabedian Hester &amp; Haynes<\/a> ($5,000), <a href=\"https:\/\/abovethelaw.com\/2025\/07\/law-firm-one-ups-the-competition-with-even-bigger-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Otterbourg<\/a> ($15,000), <a href=\"https:\/\/abovethelaw.com\/2025\/08\/splash-another-law-firm-dives-into-the-summer-bonus-pool\/\" rel=\"nofollow noopener\" target=\"_blank\">Bell Nunnally<\/a> (up to $15,000), and <a href=\"https:\/\/abovethelaw.com\/2025\/08\/elite-law-firm-wows-associates-with-market-beating-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Hueston Hennigan<\/a> ($10,000 to $30,000, based on billable hours).<\/em><\/strong><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-441281\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"Staci Zaretsky\" width=\"150\" height=\"100\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"mailto:staci@abovethelaw.com\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<p>The post <a href=\"https:\/\/abovethelaw.com\/2025\/08\/some-law-firms-cant-afford-not-to-match-milbanks-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Some Law Firms \u2018Can\u2019t Afford\u2019 Not To Match Milbank\u2019s Summer Bonuses<\/a> appeared first on <a href=\"https:\/\/abovethelaw.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Above the Law<\/a>.<\/p>\n<figure class=\"post-single__featured-image post-single__featured-image--medium alignright\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"211\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2023\/07\/money-stack-bonus-chart-2022-GettyImages-1008861200-300x211.jpg?resize=300%2C211&#038;ssl=1\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" title=\"\"><\/figure>\n<p><em><u>Ed. note<\/u>: Welcome to our daily feature, <a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p class=\"has-large-font-size\"><strong>There\u2019s a new pecking order at the top of [Biglaw]. This helps separate the wheat from the chaff in terms of those who compete at the very top. Some firms can\u2019t afford not to follow.<\/strong><\/p>\n<p class=\"has-large-font-size\"><strong><em><i>\u2014 <\/i><strong><strong>Peter Zeughauser, a <strong><em><strong><strong>legal consultant <\/strong><\/strong><\/em><\/strong>with the\u00a0<a href=\"https:\/\/www.law360.com\/companies\/zeughauser-group-llc\" rel=\"nofollow noopener\" target=\"_blank\">Zeughauser Group<\/a>,\u00a0in comments given to <a href=\"https:\/\/www.law360.com\/pulse\/articles\/2375812\/why-milbank-s-summer-bonuses-may-catch-on-this-year\" rel=\"nofollow noopener\" target=\"_blank\">Law360 Pulse<\/a><\/strong><\/strong>, concerning the likelihood that other firms will match <a href=\"https:\/\/abovethelaw.com\/2025\/08\/milbank-issues-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Milbank\u2019s generous summer bonuses<\/a>. Milbank\u2019s bonuses range from $6,000 to $25,000, based on class year. While no other Biglaw firms have matched, thus far, four other firms have announced their own summer bonuses: <a href=\"https:\/\/abovethelaw.com\/2025\/07\/summer-bonuses-are-finally-here\/\" rel=\"nofollow noopener\" target=\"_blank\">Vartabedian Hester &amp; Haynes<\/a> ($5,000), <a href=\"https:\/\/abovethelaw.com\/2025\/07\/law-firm-one-ups-the-competition-with-even-bigger-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Otterbourg<\/a> ($15,000), <a href=\"https:\/\/abovethelaw.com\/2025\/08\/splash-another-law-firm-dives-into-the-summer-bonus-pool\/\" rel=\"nofollow noopener\" target=\"_blank\">Bell Nunnally<\/a> (up to $15,000), and <a href=\"https:\/\/abovethelaw.com\/2025\/08\/elite-law-firm-wows-associates-with-market-beating-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Hueston Hennigan<\/a> ($10,000 to $30,000, based on billable hours).<\/em><\/strong><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?w=1080&#038;ssl=1\" alt=\"Staci Zaretsky\" class=\"wp-image-441281\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#97e4e3f6f4fed7f6f5f8e1f2e3fff2fbf6e0b9f4f8fa\" rel=\"nofollow noopener\" target=\"_blank\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ed. note: Welcome to our daily feature, Quote of the Day. There\u2019s a new pecking order at the top of [Biglaw]. This helps separate the wheat from the chaff in terms of those who compete at the very top. Some firms can\u2019t afford not to follow. \u2014 Peter Zeughauser, a legal consultant with the\u00a0Zeughauser Group,\u00a0in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":130315,"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-130330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/08\/Staci-Zaretsky-c9ZeXj.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/130330","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=130330"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/130330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/130315"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=130330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=130330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=130330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}