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.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]