Latham & Watkins, the second-highest-grossing law firm in the Am Law 100, named 34 new partners this week, a drop from the 44-strong class the firm named during the last two years. The law firm’s new partner class, whose promotions will go into effect in January, includes 13 women and 21 men, a 38% female minority, an increase over last year’s 31%.

The firm’s percentage of newly made women partners falls short of some of its peers who reached the 50% mark in the share of women who became partners this year. In fact, 78 Big Law firms made at least as many women partners as men, according to a new report by Diversity & Flexibility Alliance.

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