Latham Leads Strong Year in L.A., Could Surpass Skadden as Top-Grossing Firm

May 15, 2008

Could Latham & Watkins supplant Skadden as the nation's top-grossing law firm? The answer may be yes, if Skadden posts anything short of a solid financial year. This week Latham posted 2007 revenues of just over $2 billion -- up a whopping 23 percent from last year. It also claimed $2.2 million profits per partner, a similarly massive year-over-year increase. Latham was one of several L.A.-based firms to post strong financial numbers in 2007, though some saw slower growth in revenue per lawyer.