Major Law Firms Announce Raises Following New Salary Scale

Milbank, Winston & Strawn, and White & Case increase associate salaries, reflecting a trend in the Biglaw sector.

Milbank, a leading law firm, has announced a second round of raises for its midlevel and senior associates, effective from January 1.
Winston & Strawn, another major law firm, has also announced raises for its associates, effective from February 1.
White & Case, a top 10 law firm, has announced a new compensation scale for its associates, with bonuses to be paid on February 14, 2024.
All these raises follow a new scale for associate salaries announced by Cravath, another leading law firm.
These announcements indicate a trend in the Biglaw sector of increasing associate salaries and bonuses.