Kirkland & Ellis passed the $2 billion revenue mark for the first time last year, while profits per partner rose just 1 percent, according to The American Lawyer’s reporting. The firm recorded $2.016 billion in revenue, 4 percent more than it took in in 2012. Profits per partner, meanwhile, edged up 1 percent, to $3.278 million, and revenue per lawyer rose 2 percent, to $1.297 million. The firm declined to comment on these figures.
The firm’s head count grew 2 percent, to 1,554 lawyers, and its equity partner ranks rose 3 percent, to 334. Kirkland has 395 nonequity partners, who earn $465,000 on average.
Kirkland recorded more substantial gains in 2012, when the firm’s gross revenue jumped 11 percent and its profits per partner rose 6.5 percent.
