Kirkland & Ellis hit new revenue and profits records last year as the world’s largest law firm continued to gain scale on rivals.
The firm brought in $8.8 billion in gross revenue, while profits per equity partner rose to $9.25 million, according to a source familiar with the situation.
The numbers—a 22% revenue gain and 16% increase in profits per partner—were first reported by The American Lawyer.
Kirkland’s revenue growth outpaced the industry average of 13%, as reported by Wells Fargo’s law firm banking unit earlier this year. Law firms recorded strong performances last year on broad ...