Milbank LLP

Our Survey Says

Vault Verdict 

Milbank announces raises that push other firms to increase associate salaries and offers market bonuses to all associates in good standing. The firm’s competitive hiring process means that candidates should show academic achievement and a personality that fits within the firm’s collegial, collaborative culture. Associates feel comfortable asking questions of senior associates and work directly with partners, who help juniors gain experience and treat them well, despite high expectations. Lateral integration is fast and efficient. The partners communicate financial updates to the firm through an annual presentation, and performance reviews based on a rubric are given annually. Each associate receives several assigned mentors, practice groups host lunch and learns, and mid-level associates can attend the firm’s Milbank@Harvard program. The firm trusts even first-year associates with client contact and connects associates with secondments. Associates can also build experience by taking pro bono cases, as the firm expects every attorney to complete at least 25 pro bono hours per year. Firm technology enables remote work, and AI is being introduced. Making equity partner at Milbank is challenging, but achievable, with associates able to move into special counsel or non-equity partner positions as either a stepping stone or final destination. Going in-house is a realistic option. Perks include six firm-sponsored therapy sessions per year, free breakfast, and remote work during holiday weeks.