Latham revenue up 5 per cent while PEP increases 5 per cent
Latham & Watkins has reported its latest financial results, revealing a 5 per cent increase in profit per equity partner (PEP). The figure has exceeded $3m for the first time, coming in at $3.1m. Additionally, turnover was up by 6.5 per cent, increasing from $2.65bn to $2.8bn.
Latham now stands among a group of 12 firms with PEP figures above $3m. According to Bill Voge, Latham’s chairman and managing partner, the firm remains focused on long-term financial performance.