UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    Form 13F

                              Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 2007

Check here if Amendment [  ]; Amendment Number:
This Amendment (Check only one.): [  ] is a restatement.
                                  [  ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:    Legg Mason, Inc.
Address: 100 Light Street
         Baltimore, MD  21202

13F File Number:  28-1700

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:      Peter L. Bain
Title:     Executive Vice President
Phone:     410-454-3227

Signature, Place, and Date of Signing:

     Peter L. Bain     Baltimore, MD     February 14, 2008


Report Type (Check only one.):

[  ]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[ X]         13F COMBINATION REPORT.


List of Other Managers Reporting for this Manager:

       Form 13F File Number          Name

       28-3428                       Private Capital Management, L.P.
       28-3780                       Royce & Associates, LLC
       28-3658                       Barrett Associates, Inc.
       28-1801                       Bartlett & Co.
       28-0377                       Batterymarch Financial Management, Inc.
       28-2204                       Brandywine Global Investment Management,LLC
       28-1701                       Legg Mason Capital Management, Inc.
       28-6397                       Legg Mason Investment Counsel & Trust Co,NA
       28-6399                       LMM, LLC
       28-10245                      Western Asset Management Company
       28-6251                       Legg Mason International Equities
       28-11345                      Legg Mason Investment Counsel, LLC
       28-11611                      ClearBridge Advisors, LLC
       28-4024                       Smith Barney Fund Management, LLC
       28-2568                       ClearBridge Asset Management, Inc.
       28-11198                      Legg Mason Asset Management (Japan) Co.Ltd.
       28-12558                      Legg Mason Private Portfolio Group, LLC



                              FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         1

Form13F Information Table Entry Total:     176

Form13F Information Table Value Total:     $132,719 (thousands)


List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.

No.  13F File Number               Name


1    28-                           Miscellaneous





                                                                                              
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ADMINISTRADORA FONDOS PENSIO   SPONSORED ADR    00709P108      179     4800 SH       DEFINED 1                4800        0        0
AETNA INC NEW                  COM              00817Y108     1190    20600 SH       DEFINED 1               20600        0        0
AGRIUM INC                     COM              008916108      643     8900 SH       DEFINED 1                8900        0        0
AK STL HLDG CORP               COM              001547108      738    15940 SH       DEFINED 1               15940        0        0
ALCOA INC                      COM              013817101       27      718 SH       DEFINED 1                 718        0        0
ALLIANT ENERGY CORP            COM              018802108       37      900 SH       DEFINED 1                 900        0        0
ALLIED WASTE INDS INC          COM PAR$.01NEW   019589308      394    35700 SH       DEFINED 1               35700        0        0
ALTRIA GROUP INC               COM              02209S103      556     7350 SH       DEFINED 1                7350        0        0
AMERICA MOVIL SAB DE CV        SPON ADR L SHS   02364W105     5870    95608 SH       DEFINED 1               95608        0        0
AMERICAN EXPRESS CO            COM              025816109       23      441 SH       DEFINED 1                 441        0        0
AMERICAN INTL GROUP INC        COM              026874107      553     9479 SH       DEFINED 1                9479        0        0
ANNALY CAP MGMT INC            COM              035710409       66     3600 SH       DEFINED 1                3600        0        0
ANNTAYLOR STORES CORP          COM              036115103       21      800 SH       DEFINED 1                 800        0        0
APOLLO GROUP INC               CL A             037604105      379     5400 SH       DEFINED 1                5400        0        0
APPLE INC                      COM              037833100       60      300 SH       DEFINED 1                 300        0        0
ARACRUZ CELULOSE S A           SPON ADR PFD B   038496204      388     5214 SH       DEFINED 1                5214        0        0
ARCH CAP GROUP LTD             ORD              G0450A105      577     8200 SH       DEFINED 1                8200        0        0
ASSURANT INC                   COM              04621X108      957    14300 SH       DEFINED 1               14300        0        0
AT&T INC                       COM              00206R102     1738    41807 SH       DEFINED 1               41807        0        0
AVNET INC                      COM              053807103       44     1250 SH       DEFINED 1                1250        0        0
BANCO BRADESCO S A             SP ADR PFD NEW   059460303     2944    91996 SH       DEFINED 1               91996        0        0
BANCO ITAU HLDG FINANCIERA S   SP ADR 500 PFD   059602201     2373    91734 SH       DEFINED 1               91734        0        0
BANCOLOMBIA S A                SPON ADR PREF    05968L102      613    18000 SH       DEFINED 1               18000        0        0
BANK OF AMERICA CORPORATION    COM              060505104      670    16226 SH       DEFINED 1               16226        0        0
BARCLAYS PLC                   ADR              06738E204       91     2238 SH       DEFINED 1                2238        0        0
BIG LOTS INC                   COM              089302103      375    23400 SH       DEFINED 1               23400        0        0
BMC SOFTWARE INC               COM              055921100     2375    66625 SH       DEFINED 1               66625        0        0
BRASKEM S A                    SP ADR PFD A     105532105      297    18335 SH       DEFINED 1               18335        0        0
BRINKER INTL INC               COM              109641100      184     9400 SH       DEFINED 1                9400        0        0
CB RICHARD ELLIS GROUP INC     CL A             12497T101       43     1950 SH       DEFINED 1                1950        0        0
CEMEX SAB DE CV                SPON ADR NEW     151290889     1360    52582 SH       DEFINED 1               52582        0        0
CENTERPOINT ENERGY INC         COM              15189T107       36     2100 SH       DEFINED 1                2100        0        0
CF INDS HLDGS INC              COM              125269100      485     4400 SH       DEFINED 1                4400        0        0
CHEVRON CORP NEW               COM              166764100     1839    19700 SH       DEFINED 1               19700        0        0
CISCO SYS INC                  COM              17275R102      126     4640 SH       DEFINED 1                4640        0        0
CITIGROUP INC                  COM              172967101      530    17976 SH       DEFINED 1               17976        0        0
COCA COLA CO                   COM              191216100      661    10759 SH       DEFINED 1               10759        0        0
COCA COLA ENTERPRISES INC      COM              191219104      774    29700 SH       DEFINED 1               29700        0        0
COCA COLA FEMSA S A B DE C V   SPON ADR REP L   191241108      122     2463 SH       DEFINED 1                2463        0        0
COMPANHIA BRASILEIRA DE DIST   SPON ADR PFD     20440T201      154     4164 SH       DEFINED 1                4164        0        0
COMPANHIA DE BEBIDAS DAS AME   SPONSORED ADR    20441W104      318     4665 SH       DEFINED 1                4665        0        0
COMPANHIA DE BEBIDAS DAS AME   SPON ADR PFD     20441W203     1956    27525 SH       DEFINED 1               27525        0        0
COMPANHIA DE SANEAMENTO BASI   SPONSORED ADR    20441A102      264     5600 SH       DEFINED 1                5600        0        0
COMPANHIA ENERGETICA DE MINA   SP ADR N-V PFD   204409601      567    30666 SH       DEFINED 1               30666        0        0
COMPANHIA PARANAENSE ENERG C   SPON ADR PFD     20441B407      171    11315 SH       DEFINED 1               11315        0        0
COMPANHIA VALE DO RIO DOCE     SPON ADR PFD     204412100     6041   215894 SH       DEFINED 1              215894        0        0
COMPANIA DE MINAS BUENAVENTU   SPONSORED ADR    204448104      459     8100 SH       DEFINED 1                8100        0        0
CONOCOPHILLIPS                 COM              20825C104      757     8564 SH       DEFINED 1                8564        0        0
COPART INC                     COM              217204106      294     6900 SH       DEFINED 1                6900        0        0
CORN PRODS INTL INC            COM              219023108      607    16500 SH       DEFINED 1               16500        0        0
CREDICORP LTD                  COM              G2519Y108      835    10933 SH       DEFINED 1               10933        0        0
CROCS INC                      COM              227046109      490    13300 SH       DEFINED 1               13300        0        0
CTRIP COM INTL LTD             ADR              22943F100      280     4866 SH       DEFINED 1                4866        0        0
CVS CAREMARK CORPORATION       COM              126650100       28      700 SH       DEFINED 1                 700        0        0
DAIMLER AG                     REG SHS          D1668R123       39      400 SH       DEFINED 1                 400        0        0
DARDEN RESTAURANTS INC         COM              237194105       25      900 SH       DEFINED 1                 900        0        0
DEERE & CO                     COM              244199105      652     7000 SH       DEFINED 1                7000        0        0
DEUTSCHE BANK AG NAMEN         ORD              D18190898      470     3631 SH       DEFINED 1                3631        0        0
DEVRY INC DEL                  COM              251893103      260     5000 SH       DEFINED 1                5000        0        0
DONNELLEY R R & SONS CO        COM              257867101       33      850 SH       DEFINED 1                 850        0        0
EXXON MOBIL CORP               COM              30231G102     2438    26020 SH       DEFINED 1               26020        0        0
FAMILY DLR STORES INC          COM              307000109       25     1288 SH       DEFINED 1                1288        0        0
FEDERATED INVS INC PA          CL B             314211103      770    18700 SH       DEFINED 1               18700        0        0
FLOWSERVE CORP                 COM              34354P105      289     3000 SH       DEFINED 1                3000        0        0
FOMENTO ECONOMICO MEXICANO S   SPON ADR UNITS   344419106      439    11490 SH       DEFINED 1               11490        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857      318     3100 SH       DEFINED 1                3100        0        0
GENERAL ELECTRIC CO            COM              369604103       49     1295 SH       DEFINED 1                1295        0        0
GERDAU S A                     SPONSORED ADR    373737105      814    28058 SH       DEFINED 1               28058        0        0
GLOBAL INDS LTD                COM              379336100       33     1500 SH       DEFINED 1                1500        0        0
GOL LINHAS AEREAS INTLG S A    SP ADR REP PFD   38045R107      161     6450 SH       DEFINED 1                6450        0        0
GOOGLE INC                     CL A             38259P508       70      100 SH       DEFINED 1                 100        0        0
GRUPO TELEVISA SA DE CV        SP ADR REP ORD   40049J206     1234    51910 SH       DEFINED 1               51910        0        0
HEALTH NET INC                 COM              42222G108      416     8600 SH       DEFINED 1                8600        0        0
HERTZ GLOBAL HOLDINGS INC      COM              42805T105       21     1300 SH       DEFINED 1                1300        0        0
HEWLETT PACKARD CO             COM              428236103     2418    47885 SH       DEFINED 1               47885        0        0
HUBBELL INC                    CL B             443510201      434     8400 SH       DEFINED 1                8400        0        0
HUDSON CITY BANCORP            COM              443683107       32     2100 SH       DEFINED 1                2100        0        0
INFOSYS TECHNOLOGIES LTD       SPONSORED ADR    456788108      382     8400 SH       DEFINED 1                8400        0        0
INGRAM MICRO INC               CL A             457153104       28     1500 SH       DEFINED 1                1500        0        0
INTEL CORP                     COM              458140100      199     7443 SH       DEFINED 1                7443        0        0
INTERNATIONAL BUSINESS MACHS   COM              459200101      919     8501 SH       DEFINED 1                8501        0        0
INVITROGEN CORP                COM              46185R100      309     3300 SH       DEFINED 1                3300        0        0
ISHARES INC                    MSCI S KOREA     464286772      414     6385 SH       DEFINED 1                6385        0        0
ISHARES INC                    MSCI TAIWAN      464286731      209    13875 SH       DEFINED 1               13875        0        0
ISHARES INC                    MSCI HONG KONG   464286871      142     6440 SH       DEFINED 1                6440        0        0
ISHARES INC                    MSCI SINGAPORE   464286673      101     7253 SH       DEFINED 1                7253        0        0
ISHARES INC                    MSCI PAC J IDX   464286665      115      740 SH       DEFINED 1                 740        0        0
ISHARES INC                    MSCI EMU INDEX   464286608     1402    11747 SH       DEFINED 1               11747        0        0
ISHARES INC                    MSCI MALAYSIA    464286830       46     3607 SH       DEFINED 1                3607        0        0
ISHARES INC                    MSCI BRAZIL      464286400      182     2249 SH       DEFINED 1                2249        0        0
ISHARES TR                     S&P 500 INDEX    464287200      167     1134 SH       DEFINED 1                1134        0        0
ISHARES TR                     MSCI EMERG MKT   464287234      166     1099 SH       DEFINED 1                1099        0        0
ISHARES TR                     S&P500 GRW       464287309      332     4750 SH       DEFINED 1                4750        0        0
ISHARES TR                     S&P MIDCAP 400   464287507      172     2021 SH       DEFINED 1                2021        0        0
ISHARES TR                     FTSE XNHUA IDX   464287184       91      533 SH       DEFINED 1                 533        0        0
ISHARES TR                     S&P 100 IDX FD   464287101      110     1590 SH       DEFINED 1                1590        0        0
JOHNSON & JOHNSON              COM              478160104       82     1218 SH       DEFINED 1                1218        0        0
JOHNSON CTLS INC               COM              478366107      696    19308 SH       DEFINED 1               19308        0        0
JP MORGAN CHASE & CO           COM              46625H100      774    17711 SH       DEFINED 1               17711        0        0
KINETIC CONCEPTS INC           COM NEW          49460W208       33      600 SH       DEFINED 1                 600        0        0
KING PHARMACEUTICALS INC       COM              495582108      506    49400 SH       DEFINED 1               49400        0        0
KROGER CO                      COM              501044101     1105    41350 SH       DEFINED 1               41350        0        0
LAM RESEARCH CORP              COM              512807108       22      500 SH       DEFINED 1                 500        0        0
LAUDER ESTEE COS INC           CL A             518439104      655    15000 SH       DEFINED 1               15000        0        0
LEXMARK INTL NEW               CL A             529771107      560    16040 SH       DEFINED 1               16040        0        0
LOCKHEED MARTIN CORP           COM              539830109      758     7200 SH       DEFINED 1                7200        0        0
LOEWS CORP                     CAROLNA GP STK   540424207       45      519 SH       DEFINED 1                 519        0        0
LONGTOP FINL TECHNOLOGIES LT   ADR              54318P108    12083   510234 SH       DEFINED 1              510234        0        0
MANITOWOC INC                  COM              563571108      586    12000 SH       DEFINED 1               12000        0        0
MANPOWER INC                   COM              56418H100      498     8740 SH       DEFINED 1                8740        0        0
MARATHON OIL CORP              COM              565849106      767    12600 SH       DEFINED 1               12600        0        0
MEMC ELECTR MATLS INC          COM              552715104       76      850 SH       DEFINED 1                 850        0        0
MENS WEARHOUSE INC             COM              587118100       17      600 SH       DEFINED 1                 600        0        0
MERCK & CO INC                 COM              589331107     1093    18800 SH       DEFINED 1               18800        0        0
METLIFE INC                    COM              59156R108      695    11273 SH       DEFINED 1               11273        0        0
MICROSOFT CORP                 COM              594918104      687    19289 SH       DEFINED 1               19289        0        0
NBTY INC                       COM              628782104       17      600 SH       DEFINED 1                 600        0        0
NET SERVICOS DE COMUNICACAO    SPONSD ADR NEW   64109T201      201    16767 SH       DEFINED 1               16767        0        0
NEW ORIENTAL ED & TECH GRP I   SPON ADR         647581107     6311    78300 SH       DEFINED 1               78300        0        0
NORTHEAST UTILS                COM              664397106       38     1200 SH       DEFINED 1                1200        0        0
NOVA CHEMICALS CORP            COM              66977W109      444    13700 SH       DEFINED 1               13700        0        0
OGE ENERGY CORP                COM              670837103      969    26700 SH       DEFINED 1               26700        0        0
PEPSI BOTTLING GROUP INC       COM              713409100      556    14077 SH       DEFINED 1               14077        0        0
PEPSIAMERICAS INC              COM              71343P200       53     1566 SH       DEFINED 1                1566        0        0
PETRO-CDA                      COM              71644E102      698    13000 SH       DEFINED 1               13000        0        0
PETROLEO BRASILEIRO SA PETRO   SPONSORED ADR    71654V408     6261    54326 SH       DEFINED 1               54326        0        0
PFIZER INC                     COM              717081103      492    21611 SH       DEFINED 1               21611        0        0
PRICELINE COM INC              COM NEW          741503403      598     5200 SH       DEFINED 1                5200        0        0
PROCTER & GAMBLE CO            COM              742718109      353     4800 SH       DEFINED 1                4800        0        0
PRUDENTIAL FINL INC            COM              744320102       66      700 SH       DEFINED 1                 700        0        0
PUBLIC SVC ENTERPRISE GROUP    COM              744573106      796     8100 SH       DEFINED 1                8100        0        0
QWEST COMMUNICATIONS INTL IN   COM              749121109      568    81000 SH       DEFINED 1               81000        0        0
RADIOSHACK CORP                COM              750438103      284    16800 SH       DEFINED 1               16800        0        0
RAYTHEON CO                    COM NEW          755111507      395     6500 SH       DEFINED 1                6500        0        0
ROCKWELL AUTOMATION INC        COM              773903109      514     7450 SH       DEFINED 1                7450        0        0
ROGERS COMMUNICATIONS INC      CL B             775109200      743    16400 SH       DEFINED 1               16400        0        0
ROSS STORES INC                COM              778296103       24      900 SH       DEFINED 1                 900        0        0
SAFEWAY INC                    COM NEW          786514208       63     1830 SH       DEFINED 1                1830        0        0
SELECT SECTOR SPDR TR          SBI INT-TECH     81369Y803       98     3643 SH       DEFINED 1                3643        0        0
SELECT SECTOR SPDR TR          SBI HEALTHCARE   81369Y209       71     2000 SH       DEFINED 1                2000        0        0
SELECT SECTOR SPDR TR          SBI INT-ENERGY   81369Y506      102     1283 SH       DEFINED 1                1283        0        0
SELECT SECTOR SPDR TR          SBI INT-INDS     81369Y704       47     1200 SH       DEFINED 1                1200        0        0
SEMICONDUCTOR HLDRS TR         DEP RCPT         816636203       52     1600 SH       DEFINED 1                1600        0        0
SHERWIN WILLIAMS CO            COM              824348106      308     5300 SH       DEFINED 1                5300        0        0
SOTHEBYS                       COM              835898107      374     9800 SH       DEFINED 1                9800        0        0
SOUTHERN COPPER CORP           COM              84265V105      944     8975 SH       DEFINED 1                8975        0        0
SPDR INDEX SHS FDS             S&P CHINA ETF    78463X400      223     2479 SH       DEFINED 1                2479        0        0
SPDR INDEX SHS FDS             ASIA PACIF ETF   78463X301      264     3023 SH       DEFINED 1                3023        0        0
SPDR TR                        UNIT SER 1       78462F103      167     1138 SH       DEFINED 1                1138        0        0
STEEL DYNAMICS INC             COM              858119100       60     1000 SH       DEFINED 1                1000        0        0
TAM SA                         SP ADR REP PFD   87484D103      155     6400 SH       DEFINED 1                6400        0        0
TECH DATA CORP                 COM              878237106       34      900 SH       DEFINED 1                 900        0        0
TELEFONOS DE MEXICO S A B      SPON ADR ORD L   879403780      910    24675 SH       DEFINED 1               24675        0        0
TENARIS S A                    SPONSORED ADR    88031M109      399     8900 SH       DEFINED 1                8900        0        0
TESORO CORP                    COM              881609101      263     5500 SH       DEFINED 1                5500        0        0
TIM PARTICIPACOES S A          SPONS ADR PFD    88706P106      457    13062 SH       DEFINED 1               13062        0        0
TJX COS INC NEW                COM              872540109      340    11800 SH       DEFINED 1               11800        0        0
TRAVELERS COMPANIES INC        COM              89417E109      768    14260 SH       DEFINED 1               14260        0        0
UNIBANCO-UNIAO DE BANCOS BRA   GDR REP PFD UT   90458E107     1400    10022 SH       DEFINED 1               10022        0        0
UNITEDHEALTH GROUP INC         COM              91324P102      716    12300 SH       DEFINED 1               12300        0        0
UNUM GROUP                     COM              91529Y106      636    26700 SH       DEFINED 1               26700        0        0
VANGUARD INTL EQUITY INDEX F   EURPEAN ETF      922042874      948    12658 SH       DEFINED 1               12658        0        0
VANGUARD WORLD FDS             HEALTH CAR ETF   92204A504       71     1165 SH       DEFINED 1                1165        0        0
VARIAN SEMICONDUCTOR EQUIPMN   COM              922207105       29      770 SH       DEFINED 1                 770        0        0
VERIZON COMMUNICATIONS         COM              92343V104      114     2600 SH       DEFINED 1                2600        0        0
VISHAY INTERTECHNOLOGY INC     COM              928298108      194    17000 SH       DEFINED 1               17000        0        0
VOTORANTIM CELULOSE E PAPEL    SPONSORED ADR    92906P106      288     9635 SH       DEFINED 1                9635        0        0
WACHOVIA CORP NEW              COM              929903102      102     2671 SH       DEFINED 1                2671        0        0
WAL MART STORES INC            COM              931142103      729    15336 SH       DEFINED 1               15336        0        0
WATERS CORP                    COM              941848103       72      900 SH       DEFINED 1                 900        0        0
WATSON PHARMACEUTICALS INC     COM              942683103       41     1500 SH       DEFINED 1                1500        0        0
WELLPOINT INC                  COM              94973V107      992    11300 SH       DEFINED 1               11300        0        0
WELLS FARGO & CO NEW           COM              949746101       42     1364 SH       DEFINED 1                1364        0        0
WESTERN DIGITAL CORP           COM              958102105     1170    38700 SH       DEFINED 1               38700        0        0
WSP HOLDINGS LIMITED           ADR              92934F104    15804  1736700 SH       DEFINED 1             1736700        0        0
XEROX CORP                     COM              984121103      668    41200 SH       DEFINED 1               41200        0        0