Seward & Kissel Adopts Milbank Pay Scale, Signals Fast Market Alignment
Seward & Kissel said it will adopt Milbank's new associate salary scale effective July 1, joining a broader industry push to align pay with the market. In a memo, Daniel Bresler framed the change as an exciting update and noted that moving quickly helps the firm stay competitive for talent, contrasting with peers that have been slower to act. The report also highlights the firm’s playful culture (miniature golf hole, ugly sweater contest) and invites tips on other salary announcements.