Latham Follows the Trend, Ups Associate Salaries

The firm has over 1,700 attorneys in 22 offices across multiple time zones.

But, ultimately, it came to the same conclusion that the 220-attorney Irell & Manella came to back in September: $135,000 rules.

Latham & Watkins, a multinational law firm with roots in Los Angeles, announced Friday that it would raise associate starting salaries by $10,000 to match the $135,000 being offered by other prominent firms.

"This just confirms that $135,000 is now going to be the market rate," said Claudia Spielman, a senior recruiter at BCG Attorney Search. "Everyone is going to be doing this over the next few months."