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Law Practice

Dec. 18, 2008

Latham to Freeze Associate Salaries at 2008 Level

With Latham & Watkins' announcement that the firm will be freezing associate salaries at 2008 levels for the coming year, the Los Angeles-origin powerhouse likely has opened the gates for other major firms to make similar moves.

By Rebecca U. Cho
Daily Journal Staff Writer

LOS ANGELES - With Latham & Watkins' announcement that the firm will be freezing associate salaries at 2008 levels for the coming year, the Los Angeles-origin powerhouse likely has opened the gates for other major firms to make similar moves.

On Tuesday, Latham sent a memo to firm associates informing them that associate compensation would be modified so that those moving to the next class year in 2...

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