Free Market Evaluation - Send us your resume and we will give you free feedback
Man Arrested for Brutal Hatchet Attack on Attorney
Man Arrested for Brutal Hatchet Attack on Attorney
South Korea Legalizes Adultery After 62 Years
South Korea Legalizes Adultery After 62 Years
‘Green Rush’ Initiated in Washington, D.C.
‘Green Rush’ Initiated in Washington, D.C.
Purina Lawsuit Claims Their Dog Food Makes Dogs Sick
Purina Lawsuit Claims Their Dog Food Makes Dogs Sick
Legal Job Listings
Download PDF

Latham & Watkins Profits Plummet 21% View Count: 44

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
Administrative Office Manager
USA-NJ-Florham Park
Our Florham Park, NJ office is currently seeking an Administrative Office Manager with 10+ years of experience as a paralegal in a civil defense firm. Responsibilities for this position include superv...


Apply now

Related Posts: