SAN FRANCISCO — Skadden, Arps, Slate, Meagher & Flom swiped executive compensation partner Joseph Yaffe from Latham & Watkins on Wednesday, bringing a boost to its Silicon Valley presence after losing litigation star Jeffrey Randall to Paul, Hastings, Janofsky & Walker earlier this month.

Yaffe is ranked in Band 2 by Chambers USA for benefits and executive compensation work. Previously, he was the chairman of Latham’s Silicon Valley tax department.