A $16 Billion Firm? It’s Coming if Kirkland Repeats Its Decade
“It’s always a big day when Kirkland & Ellis’ year-end financial results are unveiled. There was even an extra little buzz this year after the Financial Times reported in January that the firm may be the first to crack $5 billion in revenue,” opines Roy Strom in Bloomberg Law’s Business & Practice.
“The semi-official results came in last week, and the firm’s top line didn’t quite reach $5 billion. Still, Kirkland did have another blowout year: revenue up 16% to $4.8 billion, and profits per equity partner up nearly 20% to nearly $6.2 million, The American Lawyer reported.”
“Here’s why Kirkland is on my mind today: In a year of financial returns that look like historical anomalies, the firm’s performance didn’t really stretch the imagination. It has been putting up eye-popping numbers for a while now.”
