Latham & Watkins announced today (27 February) that capital markets partner Richard Trobman has won a contested election to become one of two vice-chairs of the firm, to succeed New York-based David Gordon who has been vice chair since 2011.
Gordon sat alongside Ora Fisher who is the firm’s other vice chair based in Silicon Valley. Trobman takes on a four year term as vice chair at the firm having already been on the firm’s nine person executive committee alongside London partner Martin Saywell.
Trobman (pictured) will also continue his capital markets practice, where he focuses on public and private offerings of securities, restructurings, bridge loans and mergers & acquisitions (M&A). Trobman’s clients include Credit Suisse, JP Morgan and Goldman Sachs. He joined Latham in 1991 in the firm’s Los Angeles office, transferred to New York in 1993 and has been in London since 2000, the year when he was made partner.
Latham chair Bill Voge said: ‘With more than 25 years at Latham, having started as a summer associate in 1990, Rich has a deep understanding of our strengths and an impeccable sense of our culture and values. He is a dynamic leader who brings many talents to the role among them incredible drive, intuition and focus.’
Gordon will transition back to client work, as a project finance partner advising banks, financial institutions and private equity funds. He previously served as the managing partner of Latham’s New York office for 10 years.
The news comes as Latham reported its full-year 2016 financials, which show the firm boosted its revenue by 7% last year, and broke the $3m mark for profit per equity partner for the first time.