Update on comp (Cahill): in this morning’s State of the Firm Address, they shared that Cahill will match the above-market rate “once the dust settles.” Apparently they don’t like to make multiple announcements on compensation lol.

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Everyone is waiting for DP or Cravath to make a move, then they will all follow suit.

I'm actually surprised McDermott matched so quickly.

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Agree. Even if I loved the place I worked and felt like I was progressing, I would never even consider a tier 2 crap firm that doesn’t pay the new market. Disgusting.

Did Cahill match yet?

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