Bloomberg Law
March 22, 2022, 12:55 PM

Wake Up Call: Latham Revenues Rocket 26% to Near $5.5 Billion

Rick Mitchell
Rick Mitchell
Freelance Correspondent

In today’s column, Boies Schiller plans to pay federal law clerks a $110,000 signing bonus; online legal technology company said its revenues grew 22%; a Crowell partner nominated to a top Treasury post reported $1 million in compensation.

  • Leading off, Latham & Watkins’ strong demand growth for all its practices and a record $900 billion-plus in global deal activity propelled gross revenues by 26.7% to about $5.49 billion. Its average profits per equity partner bounded 26.2%, to top $5.7 million. Latham’s headcount rose 7.7% to 3,078 and equity partnership expanded 5% to 550. (American Lawyer)
  • Boies Schiller Flexner said it will offer a $110,000 signing bonus to federal law clerks joining the firm in 2021. (American Lawyer)
  • Stroock & Stroock & Lavan and Perkins Coie matched the Cravath scale for associate pay, which runs up to $415,000 for the most senior associates. (Above The Law)

Lawyers, Law Firms

  • Crowell & Moring white collar, investigations and cybersecurity partner Paul Rosen, a Biden nominee to assistant Treasury secretary for investment security, disclosed earning about $1.018 million in compensation from the firm. He is co-chair of the firm’s national security practice. (National Law Journal)
  • Online legal technology company Inc., which went public in June 2021, said its revenues grew 22% for the full year. (L.A. Business Journal)
  • Akerman and Gibson Dunn & Crutcher were denied about $5 million in attorney fees and costs by a Florida federal judge who faulted their offer of judgment. (Daily Business Review) A former U.K. Gibson Dunn partner lost a High Court appeal of his disbarment. (Global Legal Post)

Laterals, Moves, In-house

To contact the correspondent on this story: Rick Mitchell in Paris at

To contact the editors responsible for this story: Chris Opfer in New York at; Darren Bowman at