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Kirkland & Ellis has dethroned Latham & Watkins as the world’s largest law firm by gross revenue after growing its top line by 19 percent last year, to $3.165 billion, according to preliminary data and analysis by ALM.

The American Lawyer reported last month that Latham boosted gross revenue by 8.5 percent in 2017, to $3.064 billion, about $100 million shy of Kirkland’s new record. The two firms are the first to cross the $3 billion threshold in the history of the Am Law 100.

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