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.
Latham’s 2022 revenue also fell 3% to $5.3bn from nearly $5.5bn.
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