I hate to be a constant killjoy, but it always makes me nervous when there seems to be so much happy news out there—particularly for you young legal pups. Here’s what I mean:

Milbank sets starting salary at $190K. Yippee!  In case you’ve been living under a rock, the big news is that Milbank, Tweed, Hadley & McCloy recently set the starting salary for first-year associates at $190,000 (with bonus, they’ll be pocketing $200,000).

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