Milbank and Skadden have joined a growing list of Big Law firms awarding a new round of special bonuses to associates in 2021 in recognition of their work and as a way to retain talent during what’s shaping up to be a busy year.
Milbank announced spring and fall bonuses in a memo from chair Scott Edelman that was viewed by Bloomberg Law on Wednesday.
Milbank associates in U.S., London, Brazil, and Asia will receive seniority-based bonuses ranging from $4,500 to $24,000 in April, and $7,500 to $40,000 in September, according to the memo.
“The firm is off to a ...
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