Partners at Latham & Watkins reaped record average compensation last year, hitting $8.65 million per equity partner. This represents a substantial 21.3 percent jump from the $7.1 million average recorded in 2024, fueled by the firm's involvement in major global transactions throughout 2025.

Total firm revenues also climbed past the $8 billion threshold for the first time, reaching $8.3 billion overall. This performance aligns with a strong year for elite US law firms generally, even as private equity deal volume softened. Latham’s success stemmed partly from advising on the $111 billion Paramount/Skydance deal, the year's largest.

Revenue per lawyer, a metric often viewed as a better barometer of operational efficiency, rose 14 percent to $2.2 million worldwide. Furthermore, the firm’s London operations crossed the $1 billion revenue mark for the first time following years of focused investment strategy.

These results arrive after the firm agreed to specific pro bono commitments totaling $125 million to avoid punitive executive orders from the Trump administration earlier in 2025. The firm’s growth solidifies its standing among the top tier of global legal service providers.