BigLaw Salaries Are Rising, But So Are the Expectations — Here’s What It Really Means
The latest Milbank-led salary reset pushes first-year associates to $235K and senior associates to $455K. But the headline numbers tell only half the story. If you follow BigLaw compensation at all, you’ve seen the June 2026 headlines: Milbank broke the market again, pushing first-year base salaries to $235,000 and eighth-year/Senior associate pay to $455,000 —…