Latham & Watkins reports a record $8.3 billion in global revenue in 2025, an 18.6% jump from last year.
The Los Angeles-founded firm’s equity partners earned $8.65 million apiece, another record for the firm. The figure reflected a 21.3% increase from $7.1 million in 2024, the firm said in an emailed financial statement.
The results confirmed Latham’s position as the world’s second-largest law firm by revenue—and signaled that the gap between the elite and everyone else is widening. Kirkland & Ellis, the world’s largest firm by revenue, became the first to hit $10 billion in revenue last year as their ...
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