Summer Associates = Big Bucks

Amazing numbers from New York Lawyer:

“The 276 summer associates class at Latham & Watkins outnumbered the total staff of 195 lawyers at Wachtell, Lipton, Rosen & Katz. At Latham, summer associates made more than $2,650 a week on average, costing the firm about $8.5 million in salaries alone.”