No one wants to take a 6 percent hit to 50 percent of their cost structure in the 107th month of an economic expansion that feels increasingly precarious. At the same time, no one wants hordes of disgruntled and distracted associates, embittered by perceived iniquities, wandering the hallways. So, when Big Law’s executive committees sit down on Monday morning, which firms should match Milbank’s move to a $190,000 starting salary? For those that do, how should they do it?

Deciding on a salary increase

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