Was on a call yesterday and can confirm that Freshfields will be matching the Milbank salary increases and special bonuses.
There was no mention of retroactive back pay, so I’m assuming Freshfields will not be matching that portion.
Pretty disappointing if that’s the case. It’s a shame the firm is choosing to cheap out on back pay while claiming to match the market. Matching compensation should mean matching the full package, not just the parts that are convenient.