On an annual survey of associates by Chambers and Partners, Milbank, Tweed, Hadley & McCloy LLP has once again been ranked as a leader in associate satisfaction. The annual Chambers Associate guide aims to give law students a view into life at leading US firms, through in-depth telephone interviews with thousands of junior associates across the country. The interviews cover topics of particular interest to up-and-coming lawyers, including work, social life, pro bono, salary, training and development, and diversity.
In the 2017 Chambers Associate guide, Milbank ranks among the top 20 firms for “Most Satisfied Associates,” based on responses to survey questions about factors contributing to their overall happiness. The firm is also a leader in “compensation, benefits and lifestyle,” focusing on areas such as pay, perks and work-life balance (“Everyone has their own concept of work life balance but for me, I feel like the hours are humane,” said one Milbank associate). With a well-known commitment to pro bono work (in the words of one associate: “It's our big thing!”), Milbank also achieved high marks on the guide’s pro bono survey.
“This venerable old New Yorker offers excellent training and pro bono opportunities alongside high responsibility... meet thoroughly modern Milbank,” Chambers Associate says in its 2017 profile of the firm. An accompanying Q&A with Milbank Chairman Scott A. Edelman looks at some of the firm’s highlights for the past year, including its fast-growing Litigation Group, which has attained significant wins for clients and continues to add to its impressive white collar practice with strategic hires such as partner Katherine Goldstein, the former Chief of the Securities and Commodities Fraud Task Force at the US Attorney’s Office for the Southern District. The interview also covers the firm’s trend-setting Milbank@Harvard training program as well as the firm’s planned relocation of its New York City headquarters. Mr. Edelman told Chambers Associate that this move “is absolutely a sign of optimism and a reflection of the firm’s young, vibrant and energetic culture,” adding, “The firm has grown beyond its Wall Street banking roots and being in a new space in Hudson Yards, a new contemporary and vibrant part of New York City, is consistent with who we are today and the high-energy, entrepreneurial spirit of the firm.”
Milbank’s Chambers Associate feature also includes an inside look at the firm’s Global Project, Energy & Infrastructure Finance practice with a Q&A with partner Daniel Michalchuk.
