Latham & Watkins saw global revenue surge by 23% in 2024 to a record high of $7bn, with the growth in fee income helping profit per equity partner (PEP) soar by almost 30% to surpass $7m.
The firm’s turnover climbed by $1.3bn during the last calendar year to a new high of $7bn, up from $5.7bn the previous year. The increase is significantly more than the 11% growth Latham posted last year and means that the firm has more than doubled its revenue over the last seven years.
