US giant Latham & Watkins has emerged as a star performer in the financial reporting season for US law firms after posting 20%-plus rises in both turnover and average partner profits for 2007. The top 10 US law firm saw revenues up from $1.62bn (£820m) in 2006 to $2.005bn (£1bn), a 23% rise. At the same time, profits per equity partner rose from $1.86m (£953,000) to $2.27m (£1.17m).
February 08, 2008 at 06:36 AM
1 minute read
The original version of this story was published on Legalweek
US giant Latham & Watkins has emerged as a star performer in the financial reporting season for US law firms after posting 20%-plus rises in both turnover and average partner profits for 2007.
The top 10 US law firm saw revenues up from $1.62bn (£820m) in 2006 to $2.005bn (£1bn), a 23% rise. At the same time, profits per equity partner rose from $1.86m (£953,000) to $2.27m (£1.17m).
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