Bloomberg Law article quotes Edwards Gibson in: “Latham Loses UK Partners as US Competitors Rush Into London”.

Edwards Gibson’s data was highlighted in a second article by Bloomberg Law’s Roy Strom this week in, “Latham Loses UK Partners as US Competitors Rush Into London,” which examines the significant partner departures from Latham & Watkins' London office in 2024.

According to Edwards Gibson’s research, Latham experienced an unprecedented exodus, losing 11 partners to US rivals in 2024—more than double its typical annual attrition rate. The article attributes these departures to increased competition from US firms offering more lucrative compensation packages and structural changes within Latham’s pay model.

Scott Gibson, Director at Edwards Gibson, provided insights into the situation, noting that Latham’s once “cult-like following” is now facing challenges as market dynamics shift. He observed that changes in the firm’s remuneration structure have disrupted the status quo, prompting some partners to seek opportunities elsewhere.

The article also discusses the wider implications of Latham’s departures, with many industry observers questioning whether the firm’s traditional approach to partner retention can withstand the aggressive expansion strategies of rival US firms entering the London market.

Read the online version of Bloomberg Law article (paywall) here.