Legal Services

Latham & Watkins approves ‘super points’ to boost partner pay above $20m 

Latham is upping pay amid fierce competition for talent among top law firms

Latham & Watkins has overhauled its partner pay system Jose Sarmento Matos/Bloomberg via Getty Images
Latham & Watkins has overhauled its partner pay system Jose Sarmento Matos/Bloomberg via Getty Images Photo: Bloomberg via Getty Images

Latham & Watkins’ partners have voted to introduce “super points” into the US law firm’s pay system to allow stars to take home more than $20m.

Financial News revealed last month that the firm had been mulling the new measure amid a fierce pay battle among elite US law firms, which has boosted pay packages for top partners to more than $20m.

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