News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Legal Services

Latham & Watkins’ partner pay drops 10% on revenue, profit slip

Latham’s average profit per equity partner fell to $5.1m in 2022 from $5.7m in 2021

Latham’s 2022 performance marks a reversal from a lucrative 2021 when the firm grew both revenue and partner profit by more than 25%
Latham’s 2022 performance marks a reversal from a lucrative 2021 when the firm grew both revenue and partner profit by more than 25% Photo: Alamy Stock Photo

Latham & Watkins’ partner pay slipped nearly 10% last year to $5.1m amid a slowdown in capital markets and transactional work worldwide.

Latham’s average profit per equity partner fell to $5.1m in 2022 from $5.7m in 2021, The American Lawyer reported.

WSJ Logo