Holy Crap, Equity Partnership At Kirkland Is Lucrative AF
The richest law firm is busy flexing.
The richest law firm is busy flexing.
As firms slow expansion at the top, remaining equity partners reap the financial rewards.
Takeaways from a Legalweek panel on evolving malpractice risks.
The firm's profits per equity parter went up 4% last year.
The highest profits in Biglaw.
Business is good.
Profits are up!
Legal and operational leaders are gathering May 6–7 in Fort Lauderdale to confront the questions the industry hasn't answered—with a keynote from Amanda Knox setting the tone.
There's a pretty big spread from the top of the profits per equity partner to the bottom in Biglaw.
The industry is trending up.
Kirkland & Ellis is tops at profits per equity partner.
The firm is already big, but it wants to become more profitable.
Most law firms, big and small, that have adopted AI are making the same mistake: they bought a tool for their lawyers and called it a strategy.
The money is rolling in.
Profits ain't what they used to be.
The lowest profits per equity partner in Biglaw.
Biglaw's doing just fine.
It's a good time to be an equity partner.