Legal Services

Latham & Watkins’ $20m pay ratchets up pressure: ‘Don’t call him, call me’

The once-egalitarian Latham & Watkins has changed its points system to reward star performers — and partners are fighting each other to prove they’re worth the $20m+ pay packets on offer.

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Latham managing partner Rich Trobman is pushing hard to boost profits at the US law firm Photo Illustration: FN Staff/Getty/Brendan Lea

Rich Trobman was never supposed to take charge of Latham & Watkins in 2019.

The London high-yield finance star was handed the reins at the US legal giant after a sexting scandal forced global chair and managing partner William Voge to resign.

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