Wake Up Call: Latham, Kirkland Rake in Cash Across the Pond

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Nearly half of the UK’s largest law firms are US-headquartered. Latham & Watkins and Kirkland & Ellis scored the highest UK revenue totals of US firms last year, followed by White & Case and Baker McKenzie. (The American Lawyer)
• Ashurst is bumping up salaries for newly qualified London lawyers to £115,000 ($150,000) from £105,000 ($137,000). The move comes after the UK firm boosted the salary floor by nearly 17% last year. (The Lawyer)
• Spain’s Caixabank ...