A little more than 12 months ago, New York-based Milbank, Tweed, Hadley & McCloy confirmed that it would give up its longtime digs in the city’s Financial District for a new office at 55 Hudson Yards, a development being constructed on Manhattan’s West Side.
This week, in anticipation of that move, Milbank issued a statement saying it would offer voluntary buyout packages to its legal secretaries in New York. In the statement, first obtained by Above the Law, the firm said it would start using a “team-based legal support staff model”—or secretarial pools—rather than permanently assigned relationships between lawyers and their secretaries.
