• Weil, Skadden, Kirkland & Ellis, and Cleary are among the latest firms moving to match the associate pay announced earlier in the week by Cravath, which one-upped the pay scale Milbank announced at the beginning of June. First-year pay now is $190,000 for associates, rising to $340,000 for associates who graduated in 2010. ( American Lawyer ) The recent pay hikes mark the breaking of the associate compensation dam. ( Above the Law )
• Partners at U.K. insurance law firm DWF may be in for a “windfall” as the firm is said to be considering a 1 billion pound ...
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