The Biglaw Firm Cracking An Impressive $4 Billion In Revenue
“While not every firm has yet reported their financials, we do know what Kirkland & Ellis — the reigning top revenue pile in Biglaw — did in 2019,” reports in Above the Law’s BigLaw.
“In 2019, Kirkland saw their revenue rise by an impressive 10.6 percent, bringing them to a crazy $4.154 billion in revenue. And profits per equity partner were also up — 3.13 percent to $5.195 million.”
“The firm is also busy getting bigger. In 2019, Kirkland’s headcount went up 12.6 percent, with the London office leading the way with a 3.3 percent headcount increase, bring that office to ~307 lawyers. However, all the headcount growth does have a downside, with revenue per lawyer dipping 1.8 percent to $1.59 million.”