Associates at Big Law firms are accustomed to a tradition: Whenever one law firm raises associate salaries or doles out a bonus, other firms scramble to match. But this year, something strange happened: A Wall Street law firm, Milbank LLP, in August gave out a special bonus, and none of its law firm competitors followed suit.
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Bloomberg Law’s Roy Strom spoke with his colleague Meghan Tribe about what might happen next for associates’ bonuses on this episode of ...
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