LAW

Latham & Watkins Adds Lawyers: Scoring a coup, the Los Angeles-based law firm has reached an agreement to hire about 30 business lawyers from the venerable but struggling Wall Street firm Mudge, Rose, Alexander, Guthrie & Ferdon, sources familiar with the deal said. The lawyers at Mudge, Rose--a 125-year-old firm where former President Richard Nixon once worked--include key members of the firm’s litigation department, the sources said. Amid recent financial problems and client defections at Mudge, Rose, the lawyers had been the objects of heated recruiting efforts by several major law firms, the sources said. Latham & Watkins’ landing the entire group is considered a coup for the 675-lawyer firm, which was founded in 1934.