Latham’s $42 Billion in IPO Work Tops Rivals in Record Year

Latham & Watkins represented issuers in 93 initial public offerings last year valued at more than $42 billion, topping rivals in the global race to help companies issue shares on public markets.

Latham’s leading year represented a more than three-fold increase in the value of issuer-side deals the firm advised on in 2020, when it represented 36 issuers raising more than $12 billion, according to data compiled by Bloomberg. The firm represented electric vehicle manufacturer Rivian Automotive Inc., which raised nearly $12 billion, the largest IPO last year.

The ability to provide post-IPO services helped Latham get companies’ business, said ...