Firm Watch
Nov. 28, 2000
Milbank Tweed: ANOTHER N.Y. FIRM HANDS OUT CASH TO BEST ASSOCIATE RATE
As of Nov. 16, Milbank Tweed Hadley & McCloy was the last New York firm to tack free money onto its California associates' end-of-year paychecks.
The $40,000 unconditional bonus kicks Milbank Tweed's first- and second-year associate salaries up to $165,000, regardless of billables or other performance measures. The firm lists abou...
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