Despite Milbank announcing earlier this month a $10,000 raise in associate salaries and a match to last year’s year-end bonuses, law firms in Washington, D.C., like others across the country, are still waiting to see what other firms will do before making a final decision of their own, legal observers say.

Multiple legal observers indicated that it is likely D.C. firms will ultimately match Milbank’s move, but they aren’t expected to be “leading the charge,” as many remain in a “wait-and-see mode” for what other market leaders, such as Cravath, Swaine & Moore and Davis Polk & Wardwell, do first.