Cravath, Swaine & Moore’s office at 825 Eighth Avenue in New York. (Photo: Rick Kopstein/ALM)
The new associate salary scale set by Milbank, Tweed, Hadley & McCloy last week has been surpassed by Cravath, Swaine & Moore. The firm has agreed to pay $5,000 and $10,000 more for its midlevel and senior associates.
June 11, 2018 at 06:38 PM
1 minute read
The original version of this story was published on The American Lawyer
After setting the pace for associate salary increases in 2016, Cravath, Swaine & Moore has surpassed the pay scale set last week by Milbank, Tweed, Hadley & McCloy.
As first noted Monday afternoon by Above the Law, Cravath has matched salaries set by Milbank for its junior associates. But for its midlevel and senior associates, the Wall Street firm has gone $5,000 and $10,000, respectively, beyond the rates set by Milbank.
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