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Looking up

Weil Gotshal & Manges has confirmed that it will match the salary scale set by Cravath Swaine & Moore earlier this week for its associates, according to an internal firm memo.

The announcement, along with news that Cleary Gottlieb Steen & Hamilton, Kirkland & Ellis, Skadden Arps Slate Meagher & Flom and Willkie Farr & Gallagher are also raising salaries, means at least half a dozen law firms have succumbed to the pressure to raise associate compensation to new heights in just 24 hours.

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