Law firms Latham becomes the first $5bn law firm club member as revenue soars 27% Charles Avery · 21 March 2022 · 3 min read Financial results Latham & Watkins Latham & Watkins has become the first law firm to break the $5bn revenue barrier as turnover spiked 26.7% to $5.489bn in the 2021/22 financial year.Profit per partner also saw a comparable 26% surge to $5.71m from $4.52 last year.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryCity partner promotions outpace firmwide among Global London firmsLaw firm dataKate Peacock16 Jun 2026Global London crunched: the firms winning (and losing) London’s talent warLaw firm dataGeorgina Stanley12 Jun 2026Freshfields and Hengeler take European SpaceX mandates as US IPO taps EU retail investors for first timeLaw firmsWill Lewallen11 Jun 2026BCLP revenue bounces back as McDermott breaks $2bnLaw firmsTom Cox25 Feb 2025White & Case breaks $3bn revenue barrier while PEP jumps 27%BlogsElisha Juttla6 Feb 2025Freshfields US revenues rise 26% as firm breaks £2bn mark for first timeBlogsAnna Huntley4 Feb 2025Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesLaw firmsAnna Huntley9 Jan 2025Five partners vie to succeed Hoyland as Simmons managing partnerLaw firmsTom Cox7 Jan 2025‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryLaw firmsAnna Huntley7 Jan 2025