2009 Annual Review and We Look Forward to Continuing to Work with You in the Firm Has Made a Number of Strategic 2010 and Beyond
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Latham & Watkins Annual Review for 2009 Chief Marketing Officer: Despina Kartson Creative Director: Eric T. Weiss Graphic Designer: Ericson Herbas Writer: Barbara Finley Produced by the Business Development Department of Latham & Watkins B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA BEIJING BRUSSELS CHICAGO DOHA DUBAI FRANKFURT HAMBURG HONG KONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H N EW J ERSEY N EW Y ORK O RANGE C OUNTY P ARIS R OME S AN D IEGO S AN F RAN C IS C O S HANGHAI S ILI C ON V ALLEY S INGA P ORE T OKYO W ASHINGTON , D . C . A B U D HA B I B AR C ELONA B EIJING B RUSSELS C HI C AGO D OHA D U B AI F RANK F URT H AM B URG H ONG K ONG H OUSTON L ON D ON L OS A NGELES M A D RI D M ILAN M OS C OW M UNI C H Contents 01 Letter from the Chairman 03 Client Success Stories 57 Supporting Our Practices 57 Thought Leadership 59 Diversity 60 Moving Forward by Giving Back 61 Pro Bono 62 Women Enriching Business 63 Innovation 66 2009 Accolades Latham & Watkins operates as a limited liability partnership worldwide with affiliated limited liability partnerships conducting the practice in the United Kingdom, France and Italy and affiliated partnerships conducting the practice in Hong Kong and Japan. © Copyright 2010 Latham & Watkins. All Rights Reserved. Letter from the Chairman Dear Clients & Friends of the Firm: In 2009, the worldwide economy presented a number of challenges for businesses around the globe. Unpredictable times require creative solutions, and more than ever we designed Robert M. Dell innovative and cutting-edge legal solutions for our clients to help them achieve their business greatly enhanced our Greater China practice goals in the midst of these many challenges. with the addition of several corporate partners in our Hong Kong office and the launch of an The broad diversity of our multiple practices office in Beijing. Through these additions, we has been instrumental in assisting our clients now have a strong Hong Kong law component this past year. Clients have continued to come to complement our US and English law to us to manage the legal challenges that capabilities, as well as strong PRC expertise most acutely impact their global businesses. in Greater China. We were also delighted to A significant portion of our work involved have been granted a Qualifying Foreign Law matters that spanned several jurisdictions Practice (QFLP) license in Singapore. The and required expertise from many of our license to practice local law in Singapore is different practices. Many transactions have another major milestone for us in Asia and it involved cross-border corporate issues, as will allow us to build on the strong capability well as antitrust issues, tax planning, multiple we have already established in the region. In regulatory issues, employee benefits issues addition, we saw significant growth from our and government investigations. We pride three Middle East offices in their first full year ourselves on our teamwork-oriented culture of operation. that allows us to assemble quickly the best expertise from multiple locations to deliver In 2009, we continued our tradition of working real value to our clients. alongside public interest organizations to give back to our communities, both through Like our clients, we adapted our practices to our pro bono work and our community meet the needs of the changing economy in service projects. The firm launched a new 2009. We saw significant growth in a number community service program in honor of our of practices as a response to the global 75th anniversary called “Moving Forward by economy, including our bankruptcy and Giving Back.” Through the program, lawyers insolvency, derivatives, high yield finance, and staff in each of our offices were able to antitrust, and white collar and government work together on projects important to the investigations practices. Our global project communities in which they live. We are also finance practice also had a robust year, proud of the fact that the firm continues to completing a number of market-leading be one of the largest providers of free legal financings throughout the energy sector. We services in the world, and we are excited to advised clients on matters relating to global see our pro bono practice grow in Europe, climate change regulations, an area of law Asia and the Middle East.