Greenberg Nabs Latham's Former M&A Co-Chair, Touts 2019 As a Record Financial Year

Photo by J. Albert Diaz

Greenberg Traurig has poached Latham & Watkins' former mergers and acquisitions co-chair, Adel Aslani-Far, as it caps off a year of "record growth."

Preliminary numbers shared by the firm show that the Am Law 100 firm's gross revenue grew to about $1.65 billion while profits per equity partner climbed to more than $1.8 million in 2019, the firm said. Both figures are up from the previous year, making it Greenberg Traurig's strongest financial performance to date.

Executive Chairman Richard Rosenbaum attributed the firm's growth to several factors, starting with a strong overall global economy that pushed revenues up across the firm. In particular, the firm's core practices of real estate, litigation and corporate — which account for about 75% of firm revenues — performed phenomenally, he said.