Episode 54: Breaking New Ground - Milbank's Salary Surge and the 2023 Lateral Market Lowdown
On this week's episode of Movers, Shakers, and Rainmakers, we take a deep dive into the 2023 lateral market. Join us as we unpack Milbank's trailblazing associate salary increase, setting an unprecedented $225K floor and reaching heights of $425K. Our hosts sift through the intricacies of the year-end bonus frenzy and spotlight the practice areas that hottest right now. Looking ahead, we make a few predictions about Biglaw in 2024. Wrapping up the episode, we discuss our moves of the week, featuring Cozen O'Connor hiring Ketan Bhirud, former chief deputy attorney general at the Nevada AG’s office, and McDermott's strategic bolstering of Musk's X with a star acquisition from a rival firm. Tune in for an episode brimming with expert analysis and predictions that every legal professional anticipating future market trends won't want to miss. Remember to rate, review, subscribe, and share Movers, Shakers, and Rainmakers with your network!