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Kirkland & Ellis associate class hits highs after profitable 12 months

  • The agency promoted 151 legal professionals to associate
  • The greatest group of recent companions are in M&A and personal fairness

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(Reuters) – Kirkland & Ellis elevated 151 attorneys to associate on Friday, which seems to be a report class measurement for the nation’s highest-revenue regulation agency.

Kirkland’s newest spherical of promotions outpaced final 12 months’s by six legal professionals, and bested 2017’s associate class by 54. The agency’s associate class has expanded every year since 2017.

Chicago-founded Kirkland has grown at a fast clip in recent times, and almost hit the $5 billion annual income mark in 2020, in response to information from the American Lawyer. It’s additionally one of many bigger Big Law companies by headcount, with roughly 2,900 attorneys unfold throughout 18 workplaces all over the world.

Kirkland’s Chicago and New York workplaces noticed the most important variety of associate promotions this 12 months, at 30 every. The London workplace is residence to 19 new companions, and Houston additionally noticed 19 new companions promoted.

The agency didn’t instantly reply to requests for information on the gender stability of the brand new associate class.

Big Law companies have often been criticized up to now for failure to advertise ladies, minorities and different various legal professionals by their ranks.

Nearly a 3rd of Kirkland’s newly elevated companions – 47 –are in M&A and personal fairness, two of the best-known practices on the agency. Another 36 are in litigation or mental property litigation practices. And 18 of Kirkland’s new companions observe within the funding funds house.

The agency has been increasing aggressively in current months. It opened an Austin, Texas workplace in April, and final month introduced that it was launching in Salt Lake City with three companions transferring over from different present workplaces.

Read extra:

Kirkland continues Texas enlargement with new Austin outpost

Kirkland eyes native regulation faculties with Salt Lake City workplace launch

REUTERS/Andrew Kelly