As 2023 concludes, U.S. law firms are adapting to a competitive market amid a decrease in demand, resulting in varied approaches to employee compensation. Prominent New York firms like Cravath, Swaine & Moore, and Milbank are leading the way with significant salary increases for senior associates, rising by up to $20,000, and offering substantial year-end … Continue reading US Law Firms Raise Bonus Levels Despite The Slowdown