News About Milbank

Milbank bumps associate salaries, signals new law firm pay race

McDermott Will & Schulte becomes first to match new pay scale, which hits $455k for eighth year associates

3 Jun 2026

Milbank makes up eight in reduced partner promotions round

New York stalwart promotes heavily in hometown and across finance and energy and infrastructure

8 Jan 2026

Quinn Emanuel boosts London litigation bench with Milbank partner hire

William Charles’s arrival follows the hire of Andrew Savage from McDermott in November

7 Jan 2026

Raft of Big Law firms line up to match pacesetter Cravath’s associate bonuses

Milbank – a first-mover in recent years – among US firms dishing out up to $140,000

25 Nov 2025

Milbank adds Paul Hastings partner duo for European real estate finance launch

Miles Flynn and Rehan Hanif join as part of broader infrastructure push by Milbank in London

13 Oct 2025

CAT rules Visa and Mastercard interchange fees violated competition law

Victory for Scott + Scott in merchants’ challenge following earlier settlement by Stephenson Harwood-advised claimants

3 Jul 2025

Merricks v Mastercard – landmark settlement or Pyrrhic victory?

A bitter clash between funder and claimant has laid bare deep tensions at the heart of collective actions in the wake of the UK’s largest collective settlement, reports Ben Rigby

22 May 2025

White & Case, Milbank, Willkie Farr guide NRG Energy’s $12bn LS Power deal

White & Case counsels NRG Energy in deal to acquire fleet of natural gas-fired power plants from LS Power, repped by Willkie Farr and Milbank

12 May 2025

Milbank latest law firm to cut deal with Trump

Firm joins Paul Weiss, Skadden and Willkie Farr in making a deal to avoid punitive executive order

3 Apr 2025

Milbank makes up 17 in latest partner promotions round

New York stalwart promotes heavily in hometown and across alternative investments and energy

16 Jan 2025

Milbank rings in associate bonus season, dishing out up to $115,000

Bonuses ranging from $15k to $115k to be handed out by 31 December

12 Nov 2024

Kirkland marks first structured finance hire in London

Chicago giant replenishes London ranks following raids by Paul Weiss; also hires structured credit partner from Milbank in New York

22 Oct 2024

Milbank hires six-lawyer finance team in London from Latham

Alternative investment partner Alex Martin joins alongside special counsel and four associates

8 Aug 2024

Morgan Lewis deepens German presence with trio of partners from US rivals

Alexander Klett, Christoph Mikyska and Sebastian Dexheimer move over from Reed Smith and Milbank

30 Jul 2024

Mastercard settles merchant group action in interchange fee litigation

Confidential settlement struck with more than 1,900 businesses

19 Jun 2024

Allen & Overy adds five-strong structured finance team from Milbank in London

Magic Circle firm points to 60% growth in private capital client revenue in last two years as partner John Goldfinch joins with team of associates

22 Feb 2024

Ropes & Gray, Milbank and Wachtell lead on $14.9bn US Steel acquisition

Milbank and Wachtell advise US Steel as Ropes & Gray counsels Japan’s Nippon Steel on its biggest acquisistion to date

19 Dec 2023

Kirkland, Milbank and Covington shepherd Bain’s $5.3bn Guidehouse acquisition

Kirkland advises marquee client Bain as Milbank and Covington counsel Guidehouse and tech investor owner Veritas

7 Nov 2023

Milbank secures London office of highly rated UK corporate law boutique

Seven-partner Dickson Minto team to join Wall Street firm in the New Year

13 Dec 2022

Milbank hires equity capital markets trio from Clifford Chance in Frankfurt

Team is led by partner Philipp Klöckner as US firm seeks to grow its German ECM practice

15 Aug 2022