According to Above the Law's latest roundup, Cooley is raising associate salaries to match Milbank's recently announced scale. The post notes that Cooley is making this move "without Cravath's seal of approval," suggesting that the firm is not waiting for the traditional market leader to set the next benchmark.
The same roundup carries two other items. One reports that Katie Zacharia's job has disappeared, while noting that she is still referred to as a lawyer. The other says a tech company is willing to pay for law firm data, but the item appears to caution that such interest comes with real risks for firms.
Because the source is a single news roundup, there are no differing accounts to compare. The items are brief, and the article does not provide deeper detail on the financial terms of Cooley's match, the circumstances of Zacharia's job loss, or the specific data arrangement.