Ed.
note:
Welcome
to
our
daily
feature, Quote
of
the
Day.
I
wouldn’t
be
surprised
if
someone
goes
over
the
top
[of
Milbank’s
increase]
in
the
next
few
weeks.
Attracting
talent
at
the
top
end
is
so
vital,
and
being
seen
as
the
firm
who’s
capable
of
boosting
associate
compensation
across
the
board—the
firm
that’s
moving
the
market—is
just
such
a
big
notch
on
the
belt
when
it
comes
to
the
talent
fight.
— Thomas
Hanlon,
executive
director
of
recruiting
firm
Buchanan
Law,
in
comments
given
to
the
American
Lawyer,
concerning
the
associate
salary
increase
started
by
Milbank
earlier
this
week,
that
was
quickly
matched
by
McDermott,
Hueston
Hennigan,
VKHH,
and
Quinn
Emanuel.
Stephanie
Biderman,
an
associate
recruiter
for
Major
Lindsey
&
Africa,
agreed,
saying,
“My
understanding
is
now
OCI
is
starting
really,
really
early.
The
fact
that
we’re
seeing
this
come
out
now
does
have
a
helpful
marketing
and
recruiting
angle.”
Staci
Zaretsky
is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
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questions,
comments,
or
critiques.
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