Ed. notice: Welcome to our day by day characteristic, Quote of the Day.
If any agency goes to lift Cravath, it’s going to be a agency like Milbank or a agency with a top-of-market M&A follow.
— David Nicol, head of the US follow for recruiting agency Marsden, in feedback given to Bloomberg Law, regarding Milbank’s silence to this point throughout Biglaw’s 2025 bonus season. The elite agency is understood for being a compensation chief, typically main the pack with regards to wage will increase and bonus bulletins.
Staci Zaretsky is the managing editor of Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any suggestions, questions, feedback, or critiques. You may comply with her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.