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Law Practice

Jan. 25, 2010

Latham Bonuses Beat Market

Latham & Watkins awarded bonuses Friday to a large chunk of its associates, with payouts ranging from $2,500 to $85,000. The average bonus for each associate class exceeded the industry standard established in November by New York firms Sullivan & Cromwell and Cravath, Swaine & Moore.

By Sara Randazzo

Daily Journal Staff Writer

Latham & Watkins awarded bonuses Friday to a large chunk of its associates, with payouts ranging from $2,500 to $85,000. The average bonus for each associate class exceeded the industry standard established in November by New York firms Sullivan & Cromwell and Cravath, Swaine & Moore. Associates had to bill 1,900 hours in 2009 to be eligible for a bonus.

Latham associates...

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