McDermott Will & Emery will pay its most senior associates up to $355,000 after adopting a new Big Law salary scale first announced by Milbank on Thursday.
The firm will give associates raises of $10,000 or $15,000 depending on their class year, according to an internal memo to U.S. associates sent by firm chair Ira Coleman and viewed by Bloomberg Law. McDermott salaries for first year associates will be $200,000, a jump up from $190,000. The changes are set to take effect July 1.
Milbank on Thursday morning kicked off what could become a new associate salary race by revealing ...