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.
Latham becomes the first $5bn law firm club member as revenue soars 27%
