After igniting a round of major associate pay increases early this month, only to be upstaged by even higher raises at Cravath Swaine & Moore a few days later, Milbank Tweed Hadley & McCloy has opted to meet the new top-of-the market standard.

On Tuesday (19 June), Milbank finally responded to Cravath’s oneupmanship, confirming it will match the pay scale that Cravath has established for associates at the most profitable US law firms.