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Summer Surprise: Milbank Announces Special Bonuses Up To $25K

Milbank has issued special bonuses of up to $25,000 to its associates and special counsel.

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4310Jul 28 06:30Jul 29 19:29 UTC

What happened

Milbank has announced special bonuses for its associates and special counsel, with payments reaching up to $25,000. This marks the third consecutive year the firm has provided these specific bonuses.

Coverage from Bloomberg Law News, Law360, Law.com, and Above the Law emphasizes the scale of the payments and the timing of the announcement. Above the Law further characterizes the move as a "summer surprise." Future attention may focus on whether other firms follow suit, as coverage from Above the Law suggests a need for Biglaw firms to stop waiting for Cravath.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 13d ago.

The reporting (7)

Questions people are asking

How much are the special bonuses at Milbank?

Bonuses are up to $25,000.

Who is eligible for these bonuses?

The bonuses are issued to the firm's associates and special counsel.

Is this the first time Milbank has done this?

No, according to Law.com, this is the third year in a row the firm has doled out special bonuses for associates.

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