Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
There’s
a
new
pecking
order
at
the
top
of
[Biglaw].
This
helps
separate
the
wheat
from
the
chaff
in
terms
of
those
who
compete
at
the
very
top.
Some
firms
can’t
afford
not
to
follow.
—
Peter
Zeughauser,
a
legal
consultant
with
the Zeughauser
Group, in
comments
given
to
Law360
Pulse,
concerning
the
likelihood
that
other
firms
will
match
Milbank’s
generous
summer
bonuses.
Milbank’s
bonuses
range
from
$6,000
to
$25,000,
based
on
class
year.
While
no
other
Biglaw
firms
have
matched,
thus
far,
four
other
firms
have
announced
their
own
summer
bonuses:
Vartabedian
Hester
&
Haynes
($5,000),
Otterbourg
($15,000),
Bell
Nunnally
(up
to
$15,000),
and
Hueston
Hennigan
($10,000
to
$30,000,
based
on
billable
hours).
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
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.