Free Market Evaluation - Send us your resume and we will give you free feedback
Six Police Officers Indicted in Freddie Gray’s Death
Six Police Officers Indicted in Freddie Gray’s Death
After 10 Years Wrongful Imprisonment, Wisconsin Man Earns Law Degree
After 10 Years Wrongful Imprisonment, Wisconsin Man Earns Law Degree
Lawyer Charged for Embezzling $1.8 Million Due to Town of Oxford
Lawyer Charged for Embezzling $1.8 Million Due to Town of Oxford
Five Major Banks Hit With a $5 Billion Fine and Felony Charges
Five Major Banks Hit With a $5 Billion Fine and Felony Charges
Legal Job Listings
Download PDF

Latham & Watkins Profits Plummet 21% View Count: 138

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
Account Executive (Texas or California based)
USA-TX-Dallas
CaseEdge Account Executive (Texas or California based - does not have to be in Dallas/Ft. Worth).   Primary Goals The Account Executive (AE) is responsible for developing and growing new cu...


Apply now

Related Posts: