World's Second-Largest Law Firm by Revenue Achieves $8.3 Billion, Setting New All-Time High

Latham & Watkins reported that global revenue in 2025 reached a record $8.3 billion, a significant increase of 18.6% compared to the previous year. The firm, established in Los Angeles, USA, stated that its profit per equity partner reached $8.65 million, refreshing the firm's record. This figure represents a 21.3% increase compared to 2024. This performance consolidates Latham & Watkins' status as the world's second-largest law firm by revenue scale, and indicates that the gap between elite firms and other firms is further widening. Kirkland & Ellis, the law firm with the highest global revenue, became the first firm last year to surpass $10 billion in revenue, with its profit per equity partner reaching $11 million. (Bloomberg)