Latham & Watkins

Second-largest law firm by revenue

Overview

Latham & Watkins is one of the largest global law firms, with offices in 14 countries.[10] It advised on 353 venture deals in 2025, ninth in PitchBook’s global ranking.[1] Latham’s main strengths lie in capital markets, M&A, private equity and litigation, and its emerging-companies practice tends to serve well-funded growth-stage companies and their investors rather than pre-seed founders. The firm is a frequent choice for companies planning large financings, cross-border acquisitions or public listings, where its transactional bench is deep. Its rate structure is among the highest in the market.

Latham & Watkins strengths and limitations

Strengths

  • Very strong capital-markets and M&A practices for later stages
  • Broad international footprint

Limitations

  • High rates relative to venture specialists
  • Early-stage startups are a small part of its client base

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