In the ever-evolving landscape of New York’s legal sector, defining a “New York Firm” in 2025 demands a fresh perspective. Latham & Watkins has emerged as a key player in this setting, challenging traditional Wall Street powerhouses. Starting with modest beginnings in 1993, the firm’s Manhattan office has expanded from fewer than 100 attorneys to approximately 830, securing a place among the five largest firms in New York based on attorney count. This expansion reflects a strategic emphasis on areas like M&A, capital markets, and litigation, notably in the crypto sector.
Latham’s growth is supported by a record influx of lateral partners in New York, more than in any other city, according to Law.com Compass data. These strategic hires signal Latham’s ambition to redefine its standing among established Wall Street stalwarts. For more insights from Latham’s top partners on their strategies and aspirations, further details can be found in an article from The American Lawyer.