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.”

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Bob is a lawyer, veteran legal journalist, and award-winning blogger and podcaster. In 2011, he was named to the inaugural Fastcase 50, honoring “the law’s smartest, most courageous innovators, techies, visionaries and leaders.” Earlier in his career, he was editor-in-chief of several legal publications, including The National Law Journal, and editorial director of ALM’s Litigation Services Division.