The 2026 BigLaw associate compensation scale increased on July 1, 2026, following Milbank's kicking off the salary increases bringing the market scale ranges from $235,000 for first-year associates to $455,000 for eighth-year associates, before bonuses. Current Cravath/Mibank Salary 2026 Scale: Class Salary Special Bonuses Annual Bonus Total Compensation 1st Year $235,000 $6,000 $20,000 $261,000 2nd Year $245,000 $10,000 $30,000 $285,000 3rd Year $270,000 $15,000 $57,500 $34