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23 February 2018 at 07:25 BST

Latham & Watkins reports revenues over over $3 billion

The US firm has beaten all revenue records, according to the American Lawyer magazine as it starts compiling this year's law firm figures.

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Latham & Watkins has become the first law firm to report annual revenues of more than $3 billion, according to the American Lawyer. The law firm has set a new benchmark for the industry, the magazine says. The law firm has seen revenue rise by 8.5 per cent to $3.064bn. Profits per partner rose to $3.25 million and the firm reported a seven per cent growth in headcount with 2436 lawyers. Latham & Watkins recently came third in research highlighting best interational brands. It followed Jones Day and Skadden in the Acritas rankings. 


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