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February 1, 2024 | International Edition

Milbank Leaders Praise Non-Equity Partnership Tier Amid London Growth

In an interview with Law.com International, London co-managing partner Andrej Wolf said the firm's famously high NQ pay is "indirectly demanded" by clients.

4 minute read
March 25, 2022 | International Edition

Milbank Posts Double-Digit Growth, With Revenue Reaching $1.36B and PEP Topping $5M

Revenue at the firm's London office climbed nearly 25% to $235.6 million, and the firm also had a particularly strong year in Germany, Milbank chair Scott Edelman said.

5 minute read
February 22, 2022 | International Edition

Davis Polk Tops Milbank Scale for US Senior Associates

The firm said salaries for non-U.S. associates and fee earners and other attorneys with special arrangements will be determined and communicated separately, and counsel compensation will also be addressed separately.

2 minute read
April 8, 2021 | International Edition

Elite New York Firms' 2020 Financial Performance Furthers Strategic Advantage

Several New York firms engaged in some of their most expansive lateral hiring, while some also used the period to move further away from the strict lockstep partner pay model.

1 minute read
January 12, 2021 | International Edition

Private Equity Fund Creates Role for London Kirkland Partner

The partner has joined the fund in a new role as European legal counsel.

1 minute read
January 8, 2021 | International Edition

Gibson Dunn Hits Herbert Smith Freehills For First London Hire of 2021

The U.S. firm has expanded the base in recent months with a flurry of hires.

1 minute read
January 4, 2021 | International Edition

Milbank Halves Global Promotions in Latest Round

The U.S. firm has promoted three lawyers in New York and two in London.

1 minute read
January 4, 2021 | International Edition

Kirkland London Corporate Partner To Join Milbank

The move follows the exit of Milbank's London corporate co-head to Alston & Bird.

1 minute read
October 28, 2020 | International Edition

Milbank Takes Clifford Chance Munich Head in Partner Duo Hire

CC's Munich managing partner is joined by another partner as the New York-headquartered adds its first finance partner in the city.

1 minute read
September 17, 2020 | International Edition

Milbank Matches Bonus Scale, Will Pay Out Extra For Top Performers

The firm's move, following Davis Polk's announcement, will likely spur other law firm partnerships to consider matching. The bonus comes on top of what the firm plans to offer at year-end, which they said will likely equal last year's year-end bonus.

1 minute read