Biglaw, Money, Skaddenfreude

Skaddenfreude: The Milbank Memo

100 dollar bill Above the Law Above the Law law firm salary legal blog legal tabloid Above the Law.JPGApologies for the delay — server problems. Trust us, they’re frustrating us ten times more than they’re frustrating you.
With thanks to the various tipsters who sent it to us (including “Goose”), here’s the memo from Milbank Tweed announcing pay raises for their associates:
MILBANK TWEED HADLEY & McCLOY LLP
From: Wagner, Christine
Sent: Tuesday, January 23, 2007 5:12 PM
To: #Asia Associates All; #DC Associates; #LA Associates; #NY Associates; #LN Associates
Subject: Sent On Behalf Of The Executive Committee
MEMORANDUM TO ASSOCIATES – CLASSES 2006-1999 AND SPECIALS
Re: 2007 Salaries
We are pleased to announce salary adjustments as listed below:
Class of 2006 – $160,000
Class of 2005 – $170,000
Class of 2004 – $185,000
Class of 2003 – $210,000
Class of 2002 – $230,000
Class of 2001 – $250,000
Class of 2000 – $265,000
Class of 1999 – $280,000
These increases are retroactive to January 1, 2007 and will be reflected in February 15 paychecks for those who are in good standing and with us on that date.
2007 salary increases for Specials will be determined on an individual basis this quarter as usual.
We appreciate all your contributions and look forward to another great year.
THE EXECUTIVE COMMITTEE
Milbank
Christine Wagner
Director of Legal Personnel
Earlier: Previous announcements of law firm associate salary increases (scroll down through “Skaddenfreude” archives)

8 comments
(hidden for your protection)

comments sponsored by

Show all comments

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •