While recordings of extracellular potentials in neural tissue are commonly used for monitoring neural activity, interpretation of the low frequency part, the Local Field Potential (LFP), in terms of the underlying network activity, remains ambiguous. Several studies have shown that the LFP depends on the electrode position, extracellular volume conductor, neuronal morphology, synapse distributions and synaptic input correlations [1,2]. In order to relate spiking network dynamics to the LFP, we have developed a hybrid scheme that uses the spiking activity of a network of single-compartment leaky integrate-and-fire model neurons (implemented in NEST [3], Fig. 1a,b). This network provides synaptic input to populations of detailed multi-compartmental neuron model which in turn generate the LFP (implemented with LFPy [4] using NEURON [5], Fig. 1c,d). We here apply the methodology to a novel network model describing 1 mm2 of cat primary visual cortex with a total of 78000 cells spread across layer 2/3 to layer 6 with one excitatory and one inhibitory population per layer [6]. For the LFP model, sixteen cell types with passive membrane properties are used. The cell-type and layer-specific connectivity is specified on the basis of the connectivity of the spiking network model and further anatomical data [7]. Our results show that both spontaneous and stimulus-evoked LFPs depend critically on the underlying network state, i.e., whether the ongoing network state is synchronous or asynchronous. Moreover, we show that full-scale simulations, i.e., simulations including all cells in the network, are required to address the effect of network correlations on the LFP. Further, the hybrid scheme can be used to develop simplified proxies for LFP generation from simplified network models, and provides insight on the link between experimental measurements and the underlying network activity. Figure 1: Schematic illustration of the hybrid scheme. Spiking activity generated in a layered spiking-neuron network simulation (panel a modified from [6], b where E and I denote excitatory and inhibitory populations) are in turn used as synapse activation times onto equivalent, but morphologically detailed populations of multi-compartment neuron models (c). The resulting trans-membrane currents of single cells allows e.g., superimposing the generated LFP contribution from each population (d).