Legal Services

Latham & Watkins’ $20m pay ratchets up pressure: ‘Don’t call him, call me’

The once-egalitarian Latham & Watkins has changed its points system to reward star performers — and partners are fighting each other to prove they’re worth the $20m+ pay packets on offer.

Latham managing partner Rich Trobman is pushing hard to boost profits at the US law firm
Latham managing partner Rich Trobman is pushing hard to boost profits at the US law firm Photo Illustration: FN Staff/Getty/Brendan Lea

Rich Trobman was never supposed to take charge of Latham & Watkins in 2019.

The London high-yield finance star was handed the reins at the US legal giant after a sexting scandal forced global chair and managing partner William Voge to resign.

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