23 out of 24

Latham & Watkins’ London workplace

The London workplace of US large Latham & Watkins has posted a strong autumn 2020 trainee retention rating of 96%.

The LA-founded authorized participant has retained 23 of its 24 final-seat rookies. All are on everlasting offers.

Latham additionally confirmed its eye-watering newly certified (NQ) wage of $190,000 (roughly £145,000) will stay unchanged regardless of the financial uncertainty introduced on by the coronavirus pandemic.

A rising variety of Metropolis gamers have reduce junior lawyer pay in latest weeks, including four out of five members of the magic circle.

Authorized Cheek’s Firms Most List exhibits Latham dishes out round 24 coaching contracts annually, with trainees incomes a wage of £46,000 in 12 months one, rising to £50,000 in 12 months two.

Final week we reported that fellow US outfits Mayer Brown and Akin Gump had recorded retention results of 70% and 83% respectively.