The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Latham & Watkins has ridden the downturn to post revenue figures for 2001 up 19 per cent on the previous year
Profits also surged by 17 per cent to approximately $405m (£282m), with average profits per partner topping $1m (£696,555). The US firm billed $762.6m (£531m) in its last financial year, boosting the $642.5m (£448m) total for 2000 by more than $100m (£70m). It now has 410 partners worldwide compared with 350 at the start of 2001. Joe Blum, managing partner of Latham's London office, said: "We've had a terrific year. It's our best performance ever. Whatever was out there, we got." He put the firm's success in difficult market conditions down to diversification, particularly in the US. "We had a broad-based litigation practice that was red hot last year," Blum added. Latham also accrued an extra 300 lawyers, partly through European mergers.