Latham & Watkins Announces 51 Attorney Promotions

Latham & Watkins has announced the promotion of 51 attorneys, effective January 1, 2025, with 24 associates elevated to partner and 27 to counsel, marking a focus on private equity and private capital practices. This year's promotions reflect a decrease from previous years, with 34 partners promoted in 2023, but the firm has achieved a notable diversity milestone with half of the new partners being women. Meanwhile, Goldman Sachs named 95 new partners, including 26 women, as part of its biannual promotion cycle, which underscores the firm's commitment to its legacy despite its transition to a public company. The new Goldman partners represent a diverse cohort, including 18% Asian and 6% Hispanic or Latino, although the percentage of Black partners decreased. Both firms are positioning themselves for growth, with Latham emphasizing its expansion in the private equity sector and Goldman focusing on recovering capital markets activity in the coming years.