June 5, 2026

Since Milbank ignited the trend on June 2, 2026, with a new $235K starting salary scale for associates, law firms across the U.S. are rapidly aligning their compensation packages to match or exceed this benchmark. This summer is marked by a notable surge in salary increments and bonuses in both Biglaw and boutique firms, setting a new financial precedent in the legal industry.
In an unprecedented move, firms are not only raising base salaries but are also introducing lucrative seasonal bonuses. The current landscape of associate compensation has been evolving dynamically, with numerous firms swiftly responding to Milbank’s lead. Today, we're excited to reveal comprehensive tables listing the firms that have adjusted their salary scales and bonus structures in response to this new trend. All salary increases are reported to take effect from July 1, 2026.
Salary and Bonus Updates Across Firms
Several firms have already announced their new compensation metrics. Selendy Gay has introduced bonuses up to $25K, while Hueston Hennigan offers bonuses ranging from $10K to $35K irrespective of the associate's class year, provided they meet a 2000-hour billing threshold. Dunn Isaacson Rhee is rewarding associates with bonuses between $10K and $25K, based on class year, with potential additional bonuses for those making significant contributions beyond their usual responsibilities.
On the salary front, firms like McDermott and Quinn Emanuel are matching Milbank's scale, offering $235K to newer associates and up to $455K for senior positions. Notably, Vartabedian Katz Hester Haynes and Katten have also stepped up, with Katten offering a slightly differentiated scale for its class of 2019 and beyond, maxing out at $440K.
Keeping Up with Compensation Changes
We are committed to keeping you updated on the latest developments in law firm compensation changes. These updates are crucial not only for current legal professionals but also for law students and graduates planning their careers in the sector. Our daily updates will ensure you have the latest information right at your fingertips.
We encourage our readers to engage with us directly via text or email if they have any updates or confidential information regarding compensation changes within their firms. This interaction aims to foster a well-informed community where information is freely shared and accessible.
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For those keen on receiving real-time updates, ATL offers a Bonus Alerts service. Subscribers will receive instant email notifications about each new compensation announcement. If you’re already signed up, rest assured that you’ll continue to receive updates without any additional action required.
As we witness this historic rise in associate salaries and bonuses, it’s clear that the legal industry is on a robust growth trajectory regarding compensation. This could potentially set new standards for talent acquisition and retention within law firms. Stay tuned as we continue to monitor this exciting phase in the legal profession.