Latham & Watkins

American law firm From Wikipedia, the free encyclopedia

Latham & Watkins LLP[a] is an American multinational white-shoe law firm founded in 1934 in Los Angeles, California. As of 2026, it has more than 3,500 lawyers in 31 offices across 14 countries.[3] It is the second-highest-grossing law firm in the world by revenue and reported an average profits per equity partner of $8.65 million in 2025.[2]

No.ofoffices31, largest office in Manhattan
No.ofattorneys3,500+ [1]
Key peopleRichard Trobman (chair)
Quick facts No. of offices, No. of attorneys ...
Latham & Watkins LLP
No. of offices31, largest office in Manhattan
No. of attorneys3,500+ [1]
Major practice areasGeneral corporate, mergers & acquisitions, banking and finance, litigation, antitrust
Key peopleRichard Trobman (chair)
RevenueIncrease $8.3 billion (2025)[2]
Profit per equity partnerIncrease $8.65 million (2025)[2]
Date foundedFebruary 8, 1934; 92 years ago (1934-02-08)
FounderDana Latham, Paul Watkins
Company typeLimited liability partnership
Websitelw.com
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History

20th Century

Latham's New York City office is located at 1271 Avenue of the Americas

The firm was founded in January 1934 in Los Angeles, California, by Dana Latham and Paul Watkins. Latham's practice focused on state and federal tax law, and he eventually served as Commissioner of the U.S. Internal Revenue Service under President Dwight Eisenhower. Watkins's practice focused primarily on labor. At first, the firm grew slowly, with only 19 attorneys employed as of 1960.[4]

In February 1978, the firm expanded into Washington, D.C., by adding Carla Anderson Hills as a named partner. Hills had left her role as U.S. Secretary of Housing and Urban Development in the Ford administration the prior year, and she oversaw the firm's expansion into administrative law. This branch was initially staffed with a mix of attorneys drawn from the Los Angeles office and new hires from the upper ranks of federal agencies.[5]

In the latter half of the twentieth century, Latham quickly expanded its national and international presence. The firm opened offices in San Diego (1980), Chicago (1982), New York City (1985), San Francisco (1990), London (1990), Moscow (1992), Hong Kong (1995), Tokyo (1995), Silicon Valley (1997), and Singapore (1997).[5]

21st Century

In 2007, Latham became the first American law firm to attain more than $2 billion in yearly revenue.[6]

Amid the global recession in 2009, the firm laid off 190 lawyers and 250 paralegal and support staff, representing twelve percent of the firm's total associates and ten percent of the support staff.[7] At a time when many firms were conducting layoffs, the term "Lathamed" became slang for being laid off, in legal circles.[8]

In 2018, Latham was the first law firm to report more than $3 billion in gross revenue.[9][10] It was briefly the highest-grossing law firm in the world, but has since lost the number one spot to Kirkland & Ellis.[11][12]

In August 2023, Latham announced the decision to close its Shanghai office amid consolidation of its operations in China.[13][14]

Amid clashes at some college campuses, following the onset of the 2023 Israel-Hamas war, Latham & Watkins was among a group of law firms who sent a letter to 14 American law school deans denouncing anti-Semitism, Islamophobia, and racism.[15]

During the targeting of law firms and lawyers under the second Trump administration, in April 2025, the firm agreed to a deal with Donald Trump, committing to provide $125 million of pro bono legal work on behalf of causes endorsed by Trump, in order to avoid punitive executive orders.[16] As a result of the settlement, companies, including Morgan Stanley and Microsoft, moved their legal work to other firms that had not settled with the administration.[17]

A former law associate, who had been fired by Latham in 2021, was indicted for insider trading in January 2026, after leading a scheme orchestrated over decades by a network that included some of his former Yale classmates.[18] Involved law firms were characterized as victims by prosecutors.[19]

Rankings

Latham has been consistently ranked as the second-largest law firm in the world by revenue among the Am Law 100, since 2021, and was the No. 1 firm in the Am Law 100 rankings for 2017.[20] In 2022, Latham was also one of the most profitable law firms in the world, with profits per partner exceeding US$7.1 million.[21]

In 2024, the firm received its tenth consecutive ranking from Chambers and Partners, which is the highest number of consecutive practice and lawyer rankings.[22][23] Latham ranked #4 among the Vault Law 100 in 2024.[24]

In March 2025, Latham & Watkins was named 2024 Americas Law Firm of the Year.[25]

Notable attorneys and alumni

Judiciary

Government

Other

Supreme Court litigation

See also

References

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