{"id":161997,"date":"2026-09-01T09:14:09","date_gmt":"2026-09-01T17:14:09","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/09\/01\/boutique-law-firm-steps-up-with-milbank-raises-as-biglaw-stays-put\/"},"modified":"2026-09-01T09:14:09","modified_gmt":"2026-09-01T17:14:09","slug":"boutique-law-firm-steps-up-with-milbank-raises-as-biglaw-stays-put","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/09\/01\/boutique-law-firm-steps-up-with-milbank-raises-as-biglaw-stays-put\/","title":{"rendered":"Boutique Law Firm Steps Up With Milbank Raises As Biglaw Stays Put"},"content":{"rendered":"<p class=\"wp-block-paragraph\">While Biglaw continues to sit on the sidelines, yet another boutique has stepped up to match the Milbank salary scale. At this point, boutiques seem far more eager to pay associates the money they deserve than the country\u2019s biggest and wealthiest firms. Biglaw may still be waiting for someone else to make the first move, but boutiques clearly have no problem leading the way.<\/p>\n<p class=\"wp-block-paragraph\">With each boutique that matches, Biglaw\u2019s continued silence becomes a little more conspicuous. If smaller firms can find room in their budgets for market raises, what excuse do the industry\u2019s richest firms have left? Associates are still waiting for an answer, and, perhaps even more importantly, their money.<\/p>\n<p class=\"wp-block-paragraph\">Massumi + Consoli LLP, a Los Angeles-based firm specializing in private equity and M&amp;A deals, recently announced raises for associates.\u00a0Here\u2019s the firm\u2019s new salary grid, which takes effect September 1, 2026, for all associates.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"445\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2026\/08\/IMG_1110-1024x445.jpeg?resize=1024%2C445&#038;ssl=1\" alt=\"\" class=\"wp-image-1190995\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p class=\"wp-block-paragraph\">Congratulations to Massumi + Consoli\u2019s associates on the raises!<\/p>\n<p class=\"wp-block-paragraph\">Remember everyone, we depend on your tips to stay on top of compensation updates, so when your firm announces or matches, please text us (<a href=\"tel:646-820-8477\" target=\"_blank\" rel=\"noreferrer noopener\">646-820-8477<\/a>) or\u00a0<a href=\"mailto:tips@abovethelaw.com?subject=%5BFirm%20Name%5D%20Raise\/Matches\" target=\"_blank\" rel=\"noreferrer noopener\">email us<\/a>\u00a0(subject line: \u201c[Firm Name] Raise\/Matches\u201d). 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<p class=\"wp-block-paragraph\">And if you\u2019d like to sign up for ATL\u2019s Bonus Alerts (which is the alert list we also use for salary announcements), 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. Thanks for your help!<\/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\" loading=\"lazy\" width=\"150\" height=\"100\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"\" class=\"wp-image-66762\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p class=\"wp-block-paragraph\"><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\u00a0<a href=\"mailto:staci@abovethelaw.com\" target=\"_blank\" rel=\"noreferrer noopener\">email<\/a>\u00a0her 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>, or 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\/2026\/09\/boutique-law-firm-steps-up-with-milbank-raises-as-biglaw-stays-put\/\" rel=\"nofollow noopener\" target=\"_blank\">Boutique Law Firm Steps Up With Milbank Raises As Biglaw Stays Put<\/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=\"151\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2025\/06\/money-hundreds-GettyImages-2177624474-300x151.jpg?resize=300%2C151&#038;ssl=1\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" title=\"\"><\/figure>\n<p class=\"wp-block-paragraph\">While Biglaw continues to sit on the sidelines, yet another boutique has stepped up to match the Milbank salary scale. At this point, boutiques seem far more eager to pay associates the money they deserve than the country\u2019s biggest and wealthiest firms. Biglaw may still be waiting for someone else to make the first move, but boutiques clearly have no problem leading the way.<\/p>\n<p class=\"wp-block-paragraph\">With each boutique that matches, Biglaw\u2019s continued silence becomes a little more conspicuous. If smaller firms can find room in their budgets for market raises, what excuse do the industry\u2019s richest firms have left? Associates are still waiting for an answer, and, perhaps even more importantly, their money.<\/p>\n<p class=\"wp-block-paragraph\">Massumi + Consoli LLP, a Los Angeles-based firm specializing in private equity and M&amp;A deals, recently announced raises for associates.\u00a0Here\u2019s the firm\u2019s new salary grid, which takes effect September 1, 2026, for all associates.<\/p>\n<figure class=\"wp-block-image aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"445\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2026\/08\/IMG_1110-1024x445.jpeg?resize=1024%2C445&#038;ssl=1\" alt=\"\" class=\"wp-image-1190995\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p class=\"wp-block-paragraph\">Congratulations to Massumi + Consoli\u2019s associates on the raises!<\/p>\n<p class=\"wp-block-paragraph\">Remember everyone, we depend on your tips to stay on top of compensation updates, so when your firm announces or matches, please text us (<a href=\"tel:646-820-8477\" target=\"_blank\" rel=\"noreferrer noopener\">646-820-8477<\/a>) or\u00a0<a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#e7938e9794a78685889182938f828b8690c984888ad89492858d828493dac2d2a5a18e958ac2d5d7a9868a82c2d2a3c2d5d7b5868e9482c8aa8693848f8294\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">email us<\/a>\u00a0(subject line: \u201c[Firm Name] Raise\/Matches\u201d). 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<p class=\"wp-block-paragraph\">And if you\u2019d like to sign up for ATL\u2019s Bonus Alerts (which is the alert list we also use for salary announcements), 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. Thanks for your help!<\/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\" width=\"150\" height=\"100\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"\" class=\"wp-image-66762\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p class=\"wp-block-paragraph\"><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\u00a0<a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#c3b0b7a2a0aa83a2a1acb5a6b7aba6afa2b4eda0acae\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">email<\/a>\u00a0her 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>, or 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>While Biglaw continues to sit on the sidelines, yet another boutique has stepped up to match the Milbank salary scale. At this point, boutiques seem far more eager to pay associates the money they deserve than the country\u2019s biggest and wealthiest firms. Biglaw may still be waiting for someone else to make the first move, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":161981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-161997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2026\/09\/Staci-Zaretsky-YYWpx7.jpg?fit=150%2C100&ssl=1","_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/161997","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=161997"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/161997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/161981"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=161997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=161997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=161997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}