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Milbank bumps first-year pay to $215,000, outflanking Magic Circle in talent war - Financial News

Milbank bumps firstyear pay to 215000 outflanking Magic Circle in talent  war  Financial News

US law firm Milbank hiked pay for its junior lawyers to $215,000, heating up the war for talent in the legal sector.

The firm  boosted pay by $10,000 for its more junior lawyers and by $20,000 for its mid-level and senior associates, according to a memo seen by Financial News.

The pay rise applies to associates in the firm’s US, London, Asia,...

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