Latham revenue hike sparks hiring spree

Latham & Watkins has capitalised on two consecutive years of impressive financial results by initiating a spate of lateral hires from rivals, including Howrey, Sullivan & Cromwell and White & Case.

The Los Angeles-based firm has made seven lateral hires within the US and a further one in Japan, bolstering the firm’s antitrust litigation, communication, corporate and finance practices globally.

Most notably, the firm has doubled its Washington DC-based antitrust litigation practice to six partners following the hire of three partners from global antitrust, litigation and IP specialists Howrey.

Margaret ‘Peggy’ Zwisler, a former head of the antitrust litigation practice at Howrey, William Sherman and Eric McCarthy will all join Latham as partners in Washington DC. Fellow Howrey partner Charles Samel is also joining Latham as a partner in the Los Angeles office.

Other appointments include Matthew Brill, who joins Latham as a partner in the communications practice group in Washington DC from the Federal Communications Commission, where he served as senior legal adviser.

Robert Melson Jnr joins Latham from White & Case as of counsel in the Tokyo-based finance team, while Steven Stokdyk joins as a partner in the Los Angeles corporate department. He was formerly a partner at Sullivan, also in Los Angeles.

Stephen Swinton joins the litigation team in San Diego from Cooley Godward, where he chaired the IP litigation practice.

The spate of hires follows impressive financial results at Latham in the last two years. Turnover increased 14 per cent in 2003 to $1.03bn (£570m), and again by 17 per cent in 2004 to more than $1.2bn (£660m) last year.