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Law Practice

Feb. 11, 2009

Latham Revenue, Profits Slip As Transactions, Economy Cool

Latham & Watkins, Los Angeles' largest law firm, reported Monday that its 2008 revenue dropped 4 percent and per-partner profits slid 21 percent compared to the year before, despite having what the firm chairman described as a record-breaking year.

By Amanda Becker
Daily Journal Staff Writer

LOS ANGELES - Latham & Watkins, Los Angeles' largest law firm, reported Monday that its 2008 revenue dropped 4 percent and per-partner profits slid 21 percent compared to the year before, despite having what the firm chairman described as a record-breaking year.

Latham's reported 2008 results, released in conjunction with American Lawyer's annual survey of profits at the nation's largest law firms, a...

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