What’s Crowell & Moring’s reputation?

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Well, today they had a townhall laying out exactly why they were NOT matching the Millbank salary scale. Part of their explanations seemed to include incorrect numbers/assumptions on what peer firms are offering.

So there's that.

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@A3 they claimed firms like Milbank aren't peer firms because their PPEP is way higher. Seems like a crap justification, it's not associates' faults. And other firms with lower PPEPs have still matched, so whatever.

They keep popping up in annuals as the only big firm that managed to lose revenue during COVID

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They had a monster 2020, so 2021 was always going to be bad

For what? A specific practice group? Work quality? WLB? Personalities?

It’s a below-market firm with strong antitrust and lit practices, heavy feeder of Washington govt lawyers and therefore strong regulatory/lit practices from that perspective. Not as strong of a transactional practice. Theyve been acquiring a lot of smaller firms to bolster trans, but prob futile cause its really still a DC firm. I can see attrition being high in the long run cause of comp. Their bonus structure is weird too.

Also adding a strong government contracts group. Otherwise very middle of the road firm and not considered elite, nationally or in DC.

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