Wednesday, October 9, 2019
American Lawyer, Kirkland Announces Partner Mega-Class With 141 Promotions:
The world’s highest-grossing law firm has promoted what it says is its largest-ever class of new partners: 141 in one go [including 8 tax partners].
Kirkland & Ellis announced the names of its newly minted partners on Wednesday, distributing a list that would rival or dwarf the total partnership at plenty of sizable firms.
Like many of the largest law firms, Kirkland has had large partner classes in the past. But according to a firm representative, this one tops the list.
Kirkland is No. 1 in the Am Law 100 thanks to its revenue (over $3.7 billion in 2018), but it trails several U.S. and global firms in head count, with about 2,300 lawyers, 430 equity partners and 566 nonequity partners last year.
The firm is also known for an “up or out” approach to partnership, which means large-scale promotions to its partnership don’t translate into a top-heavy structure.
Law.com, Practically Invisible: Kirkland & Ellis' New Black Partners:
The law firm made a jaw-dropping number of partners this year—141 to be exact. But here's the flip side: Only three black lawyers appeared among that sea of faces.