What’s the comp at Latham for a junior partner (NEP)?

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There’s one ladder denoting the number of units you have, and a unit threshold when you flip from being non-equity to equity. There’s no difference other than voting, basically.

So $1m tc, comprised of salary, draw, and bonus for the first rung on that ladder.

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Some counsel at LW make close to a mil. They get the same BD budget privileges and attend many of the partner meetings.

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These days it starts at about $1 million and rises pretty sharply in the next few years.

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Yes, they do. It’s not true NEP at LW. Units are like $10-11k now. You start at 60. Add in salary plus bonus gets you to a mil in year 1.

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It starts at $1M and goes up? I’m an equity partner at one of the SV flagship firms and that’s more than our first year equity partners make

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Big M&A deals are absolute cash cows and seem to be monopolized by a handful of firms.

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I think you could calculate this using amlaw’s data. Take the average partner comp, multiply it by total number of partners, remove the EP amount, then divide by number of NEPs. Then do a standard deviation. It’ll probably get you close.

helpful

Great tips unfortunately I don’t have access!

F

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