Promote Your Attorney Profile on Law.net - Get Found / Earn More!
Gay Rights Lawsuit Challenges Mississippi
Gay Rights Lawsuit Challenges Mississippi
Oscar Pistorius Sentenced to Five Years in Prison
Oscar Pistorius Sentenced to Five Years in Prison
Facebook Sues DLA Piper over Ceglia Case
Facebook Sues DLA Piper over Ceglia Case
Victim of Attorney Couple’s False Charges Speaks Out
Victim of Attorney Couple’s False Charges Speaks Out
Legal Job Listings

Latham & Watkins Profits Plummet 21%

Profits for Los Angeles-based Latham & Watkins fell 21% in 2008, one of the biggest falls so far reported by an Am Law 100 firm. Profits per equity partner fell from $2.27 million in 2007 to $1.8 million in 2008.

The firm also saw a dip in revenues, a 4% decrease to $1.9 billion has knocked the firm back below the $2 billion mark. Last year, Latham and Skadden, Arps, Slate, Meagher & Flom became the first two firms of The Am Law 100 to break past the $2 billion level in gross revenue.

The firm continued its international expansion in 2008, with new offices in Dubai and Qatar.

Latham also grew in Asia with a seven partner corporate team in Hong Kong, hired from Allen & Overy. In November, the firm announced 30 partner promotions worldwide, one more than in 2007.

Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Latham & Watkins Profits Plummet 21% by

Tagged: , , , , , , ,

Posted by on February 9, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
Property Tax Litigation Associate
USA-TX-Dallas

Property Tax Litigation Associate Our client is a well known and established Dallas law firm searching for a Property Tax Litigation Associate.  The firm prefers at least one year but not over...

Related Posts: