Latham & Watkins Salaries and Profits per Partner

 

Latham & Watkins's starting salary is $160,000. Latham & Watkins's profits per partner in 2011—the most recent year for which data is available—were $1,930,000, placing the firm in the 91st percentile. Equity partners earned $2,270,000 in 2011, placing the firm in the 91st percentile.
Associate Salaries
US Offices
Y1 $160,000
Y2 $170,000
Y3 $185,000
Y4 $210,000
Y5 $230,000
Y6 $250,000
Y7 $265,000
Y8 $280,000
Associate Bonuses (2012)
US Offices
Y1$10,000-$25,000
Y2$14,000-$33,500
Y3$20,000-$52,500
Y4$27,000-$68,000
Y5$34,000-$61,500
Y6$40,000-$91,000
Y7$50,000-$93,509
Y8$60,000-$77,000
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Note: This bar graph reports the salary of the average associate for each class year. For firms that pay different salaries in different offices, this data is calculated by weighting the salaries according to the number of associates in each office. For example, if a firm pays $120,000 to 10 first years in its New York office, and only $100,000 to 20 first years in its Dallas office, we will report that first years at the firm make (($120,000 x 10 + $100,000 x 20) / 30) = $10,666. Interestingly, many firms pay more to average third years than to average fourth years, because more third years work in higher paying offices.
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