Latham and Watkins
Latham & Watkins LLP is a global law firm, one of the largest in the world. Latham currently (as of April 2011) employs approximately 2,000 attorneys in the United States, Europe, the Middle East and Asia. The firm was started in Los Angeles in 1934 and has extensive Californian roots, but its largest office is now in New York City.
Latham has historically been one of the most profitable law firms. In 2007, Latham & Watkins became the first American law firm to attain more than $2 billion in yearly revenue. Although firm revenue dropped in 2009, partner profits increased 5% after the firm laid off nearly 200 attorneys and 250 staff.