So? What are our thoughts and guesses on 2026 pay scale and bonus increases??

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Nobody is getting raises. I think there is a higher chance that salary go down in the next seven years than go up.

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Doubt it - at the top firms.

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If we don’t get one it will be 3 years without an increase which is longer than the last two periods where there was a jump

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Let’s go Milbank

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I think we get one this year but I’d be surprised if it were significant. It’ll probably be more of an inflation adjustment. Remember that firms only make sweeping increases to comp if they feel they *need* to (eg, to stay competitive in a red hot lateral market).

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Bombing Iran probably didn’t help matters, so we’ll see…

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