Latham posts 5% PEP increase as profits begin to recover
Latham & Watkins has unveiled its financial results for 2009, posting a 5% fall in revenues against a 5% increase in profits, reports The Am Law Daily. Gross revenues at the leading US firm reached $1.82bn (£1.16bn) in 2009, down from $1.92bn (£1.22bn) in 2008, while profits per equity partner (PEP) rose to $1.9m (£1.2m).
Latham & Watkins has unveiled its financial results for 2009, posting a 5% fall in revenues against a 5% increase in profits, reports The Am Law Daily.
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