National giant and Cadwaladers set pace as US powerhouses clock up surging fees
January 28, 2004 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Latham & Watkins has broken the $1bn (£562.4m) revenue barrier – matching the profits of Freshfields Bruckhaus Deringer and Linklaters along the way – as London’s top law firms prepare to be eclipsed by another record-breaking year for US rivals.
The Los Angeles-based giant leads the charge of US firms preparing to announce double-digit growth for 2003, with global revenues for Lathams hitting $1.032bn (£565.8m), up by 14% from 2002′s tally of $906m (£496.7m).
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