Firm Watch
Jan. 8, 2002
Latham & Watkins: FIRST-YEAR ASSOCIATES WILL LOSE HEFTY STIPEND
Los Angeles' Latham & Watkins has eliminated the $10,000 stipends that it customarily gives to its incoming first-year attorneys. The associates will continue to receive $10,000, but as an advance on their $125,000 annual salary.
Latham eliminated the stipend three weeks ago.
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