Bloomberg Law
March 24, 2021, 7:46 PMUpdated: March 24, 2021, 8:20 PM

Milbank, Skadden Join Bonus War With Associate Payouts (1)

Rebekah Mintzer

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 ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.