Donald Trump’s favorite law firm retains its bonuses firmly squirreled away in a black field, however traditionally follows the New York prevailing market in relation to salaries. Whereas most Biglaw corporations have stored their powder dry in response to Milbank raising the stakes, we’re listening to that Sullivan & Cromell have taken the plunge and adopted the brand new customary.
The agency pronounces its compensation adjustments individually, so we will’t affirm the entire scale matched, however primarily based on early tipsters it appears the agency has adopted the dimensions all the way in which up.
So, with the total caveat that we will’t say that is correct for S&C for all courses, we’ll remind readers that that is the Milbank customary:
The raises are efficient July 1.
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Joe Patrice is a senior editor at Above the Regulation and co-host of Thinking Like A Lawyer. Be at liberty to email any suggestions, questions, or feedback. Comply with him on Twitter or Bluesky if you happen to’re concerned with legislation, politics, and a wholesome dose of school sports activities information.
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