A slam latch for mounting and unmounting a server in a rack holding a computing system is disclosed. The slam latch includes a permanent magnet. The slam latch further includes at least one magnetically attractive plate separated by a first distance from the permanent magnet, wherein the permanent magnet has a first force of attraction to the at least one plate. The permanent magnet has a second force of attraction to the at least one plate lower than the first force of attraction when the at least one plate is forceably separated from the permanent magnet by a second distance that is greater than the first distance.