First Biglaw Firm Matches The New Milbank Salary Scale

C // adwalader is here for the new salary scale!

It was only this morning that Milbank announced they were upping the stakes in the battle for the hearts and minds (and billable hours) of associates by increasing the compensation scale by an impressive $10,000 to $20,000, depending on class year. Now Cadwalader announced they will be matching that new compensation grid. And as multiple Above the Law tipsters noted, folks at the firm are pretty jazzed at how quickly they issued the match.

The new salary scale at Cadwalader is as follows:

Class Old Salary New Salary Class of 2021 $205K $215K Class of 2020 $215K $225K Class of 2019 $240K $250K Class of 2018 $275K $285K Class of 2017 $305K $325K Class of 2016 $330K $350K Class of 2015 $350K $370K Class of 2014+ $365K $385K

And the raises will be retroactive to January 1.

The full email is available on the next page.

Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.

And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for all of your help!

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2022 Associate Salary Increase, Biglaw, Bonus News Alerts, Bonuses, Cadwalader, Money