Latham becomes the first $5bn law firm club member as revenue soars 27% Charles Avery21 March 2022Financial results Latham & Watkins has become the first law firm to break the $5bn revenue barrier as turnover spiked 26.7% to $5.489bn in the 2021/22 financial year.Profit per partner also saw a comparable 26% surge to $5.71m from $4.52 last year.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Related Content‘I’ve seen too many young talented women shy away from a law firm job’ – Latham’s Alex Kelly on making it to the topLatham & Watkins revenue hits $7bn high as PEP surges 30%Revolving Doors: DLA Piper makes lev fin play with A&O Shearman hire as partners from collapsed Memery Crystal move onBCLP revenue bounces back as McDermott breaks $2bnWhite & Case breaks $3bn revenue barrier while PEP jumps 27%Freshfields US revenues rise 26% as firm breaks £2bn mark for first timeRevolving doors: Simpson Thacher, Latham, Sidley lead New Year London moves‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryFive partners vie to succeed Hoyland as Simmons managing partner