 In 2007, Latham & Watkins became the first American law firm to attain more than $2 billion in yearly revenue, and in 2015, the firm surpassed the likes of DLA Piper, Baker & McKenzie and Skadden to become the highest-grossing law firm in the world for the first time.Since then, Latham was the first law firm to report surpassing US$3 billion in gross revenue in 2018 but lost the spot as the world's top-grossing law firm that same year to Kirkland & Ellis.According to the Center for Responsive Politics, Latham & Watkins was the eighteenth largest law firm donor contributing to federal candidates during the 2016 election cycle, donating $1.08 million, 83.2% to Democrats.