Wake Up Call: Latham & Watkins Partners Set for 17% Pay Boost

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• Latham & Watkins is set to increase partner compensation by around 17% this year after a strong performance last year. The boost comes after a challenging period, in which the firm reported an average profit per equity partner of $5.5 million, trailing behind its rivals. However, with a strong showing last year, the firm could expect to see an average profit per equity partner of around $6.4 million. (FN London)
• Federal prosecutors are seeking a 16-month prison ...