In a whirlwind of salary updates that has the legal community buzzing, Katten Muchin Rosenman LLP has declared an across-the-board pay raise for its associates, aligning with the recent adjustments initiated by Milbank. As Biglaw firms scramble to match salary increases, Katten Muchin has shown its commitment to maintaining a competitive edge in the legal market.

The firm, which reported a staggering $912 million in gross revenue for 2025 and ranks No. 66 in the latest Am Law 100, has largely adopted the Milbank salary scale. This adjustment not only reaffirms their dedication to rewarding hardworking associates but also highlights their strategy for future growth and excellence as outlined in their Katten 2030 vision.

Gil Soffer, Katten’s chairman, emphasized the importance of this move in a recent statement. He remarked, “Our associates are integral to our exceptional client service and to the continued success of our firm. This investment reflects our commitment to recognizing and rewarding the talent, dedication, and contributions of our attorneys while ensuring that Katten remains highly competitive in attracting and retaining the industry’s top talent.”

However, it’s noteworthy that Katten’s most senior associates, specifically those from the Class of 2018 and beyond, will not be receiving Milbank’s top salary of $455,000. Instead, they will earn the same as the Class of 2019, capped at $440,000. Despite this, Katten is known for compensating with significantly higher year-end bonuses for associates who exceed billing expectations, including additional "superstar" bonuses for the most dedicated among them.

This strategic salary adjustment comes at a time when Biglaw firms are under increasing pressure to retain top legal talent amidst a competitive and ever-evolving marketplace. Katten’s proactive approach in revising their compensation grid is a testament to their forward-thinking leadership and commitment to their workforce.

As the legal industry continues to watch these developments unfold, Katten’s move could potentially signal further salary revisions within other top law firms. The legal community remains abuzz, watching closely which firm will be next to join the ongoing Biglaw raise parade.

For the latest updates on firm compensation and more, stay tuned to Above the Law. Remember, your tips help keep us informed, so don’t hesitate to reach out if your firm makes a move in the salary game.