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Latham & Watkins partners set for 17% pay boost after strong year

Professional Services Correspondent

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Latham & Watkins is set to boost partner pay by around 17% this year after a strong 2024 for the world’s second-largest law firm. 

Latham has lagged behind some of its US law firm peers on profitability in recent years, recording average profit per equity partner of $5.5m for 2023. Rivals Kirkland & Ellis, Paul Weiss and Simpson Thacher & Bartlett posted average profit per equity partner of nearly $8m, close to $6.6m and $6.4m respectively in 2023, according to 

Partners at the world’s second-largest law firm set for double-digit pay hikes

Edin Imsirovic

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