Private company

Latham & Watkins

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

American law firm

Latham & Watkins LLP is an American white-shoe, multinational law firm. Founded in 1934 in Los Angeles, it has more than 3,500 lawyers in 31 offices across 14 countries as of 2026. 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 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1934Founded1
  • HeadquartersLos Angeles1
  • Founded inLos Angeles1
  • Websitewww.lw.com
  • Legal formlimited liability partnership1
  • Kind of organizationLimited liability partnership1
  • LEI549300C7CY6M277KIQ593
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States3
  • Registered withDivision of Corporations, Department of State, 36016603

Latham & Watkins LLP is an American white-shoe, multinational law firm. Founded in 1934 in Los Angeles, it has more than 3,500 lawyers in 31 offices across 14 countries as of 2026. 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

The story

20th Century

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.

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.

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).

21st Century

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

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. At a time when many firms were conducting layoffs, the term "Lathamed" became slang for being laid off, in legal circles.

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

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

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.

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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. 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. In July 2026, the Department of Justice subpoenaed Latham & Watkins in an investigation of the deal.

In April 2026, USA v. Fejal, et al revealed that a former law associate, who had been fired by Latham in 2021, was indicted, with 29 others, for insider trading in January 2026, after leading a scheme orchestrated over decades by a network that included some of his former Yale classmates. Involved law firms were characterized as victims by prosecutors.

From Wikipedia’s article on Latham & Watkins, shared under CC BY-SA 4.0.5

Timeline

  1. 1934Founded Founded in Los Angeles1