Kirkland & Ellis

Kirkland & Ellis LLP is an American law firm. Founded in 1909 in Chicago, Illinois, Kirkland is the largest law firm in the world by revenue (US$4.16 billion in 2019), and the seventh largest by its number of attorneys (2,307 in 2019).[1] Kirkland is the first law firm in the world to reach US$4 billion in revenue and the largest firm by revenue globally.[3] Kirkland also ranks second-highest globally in profits per equity partner (US$5.195 million in 2019), and is the highest among firms with a global presence.[4]

Kirkland & Ellis LLP
No. of offices15
No. of attorneys2,300[1]
Key peopleJon A. Ballis, P.C.,[2]chairman, global management executive committee
RevenueUS$4.16 billion (2019)[1]
Date founded1909 (1909)
Company typeLimited liability partnership
Websitewww.kirkland.com

While Kirkland was historically considered a firm focused on litigation, during the 2010s, it expanded private equity and restructuring practices which, together with large-scale commercial litigation, comprise the core economic “pillars” of the firm.[5]

Kirkland has represented many prominent and controversial clients, such as British Petroleum (in relation to the 2010 Deepwater Horizon oil spill), billionaire and child-sex trafficker Jeffrey Epstein, Bain Capital, and a group of major investors in the international fishmeal industry, in relation to their claims against China Fishery.

Prominent attorneys of the firm have included Supreme Court Justice Brett Kavanaugh; former White House Counsel Neil Eggleston; former appellate court Judge Robert Bork; Clinton-era Special Counsel Ken Starr; and various Trump administration officials, including former National Security Adviser John R. Bolton. Attorney General William Barr, former Secretary of Labor Alexander Acosta, and Secretary of Health and Human Services Alex Azar.

Chicago office at 300 North LaSalle

Firm history
London office at 30 St Mary Axe, popularly known as the Gherkin

In 1909, two attorneys, Stuart G. Shepard and Robert R. McCormick, formed the Chicago-based partnership that would eventually become Kirkland & Ellis. McCormick was the grandson of Joseph Medill, the founder of the Chicago Tribune. By 1920, McCormick left the firm to take over as the publisher of the Tribune.

Weymouth Kirkland and his associate Howard Ellis joined the firm in 1915. Kirkland served as chief counsel to the Tribune and other newspapers in various free speech and defamation cases, including Near v. Minnesota. In 1938, Kirkland and Ellis hired young trial lawyer Hammond Chaffetz from the U.S. Department of Justice. Chaffetz spent six decades with the firm, during which it grew to about 780 lawyers, making it one of the 30 largest in the country.[6] As of 2017, Kirkland has 13 offices internationally.[7]

New York office at 601 Lexington Avenue

According to a 2016 study, which evaluated the political ideology of the top 20 American law firms, Kirkland & Ellis was among the most conservative.[8]

The American Lawyer ranked Kirkland as the 2018 Law Firm of the Year.[9] "Mergers & Acquisitions" ranked Kirkland as the 2019 Law Firm of the year for advising on 400 U.S. based-deals (more than twice as the firmed ranked second) and for advising on the largest number of global deals, in each case, in 2019. [10] As of 2020 Kirkland is the largest law firm in the US in terms of gross revenue, with US$4.16 billion in revenue, with an estimated profit per equity partner of US$5.20 million. [11] Kirkland was ranked second in the 2017 ATL Power 100 law firm rankings.[12] Vault ranks Kirkland as the most prestigious firm in Chicago and the number-one firm in the U.S. for private equity, restructuring and business outlook.[13]

In 2020, "Kirkland, along with some other out-of-town firms like Sidley Austin and Latham & Watkins," have been reported in media as using "aggressive lateral recruiting to draw from New York’s dealmaking talent pool."[14][15][16]

Notable clients and cases
  • A group of major investors in the international fishmeal industry, in connection with their claims against China Fishery.[25]

Notable attorneys and alumni

Endowed professorships

The firm has endowed professorships in its name at four law schools: Harvard Law School,[46] Northwestern University School of Law,[47] University of Michigan Law School,[48][49] and University of Chicago Law School.[50]

gollark: Reading SMART data should not kill a HDD disk drive.
gollark: It is not, axiomatically.
gollark: Your type now contains 9 bits of information.
gollark: Too bad, I added logarithms.
gollark: Well, there are 0 possible states for ! because it can never exist, and log 0 is undefined. QED. Bees apiforms.

See also

References
  1. "Kirkland's Reign Continues as Firm Hits $4 Billion in Revenue". Law.com. Retrieved 27 March 2020.
  2. "Kirkland & Ellis names new chairman". Crain's Chicago Business. Dec 10, 2018. Retrieved January 22, 2020.
  3. https://news.bloomberglaw.com/business-and-practice/wake-up-call-in-pre-covid-2019-kirkland-topped-4-billion-revenues
  4. https://abovethelaw.com/2020/05/breaking-down-the-2020-am-law-100-rankings/?rf=1
  5. https://www.ft.com/content/13696928-86d5-11e9-a028-86cea8523dc2
  6. Johnston, David Cay (2001-01-17). "H. E. Chaffetz, 93, Lawyer On Antitrust and Price Fixing". The New York Times. ISSN 0362-4331. Retrieved 2016-12-12.
  7. "One of the country's highest-grossing law firms opens Boston office". www.bizjournals.com. Retrieved 2017-05-25.
  8. Sen, Maya; Chilton, Adam S.; Bonica, Adam (2016-12-01). "The Political Ideologies of American Lawyers". Journal of Legal Analysis. 8 (2): 277–335. doi:10.1093/jla/lav011. ISSN 2161-7201.
  9. December 05, Ben Seal |; PM, 2018 at 11:30. "Kirkland & Ellis Named Law Firm of the Year at American Lawyer Industry Awards". The American Lawyer. Retrieved January 22, 2020.CS1 maint: extra punctuation (link)
  10. December 05, Ben Seal |; PM, 2018 at 11:30. "Kirkland & Ellis wins Law Firm of the Year for closing 400 U.S. PE deals". The Middle Market. Retrieved May 29, 2020.CS1 maint: extra punctuation (link)
  11. https://abovethelaw.com/2020/05/breaking-down-the-2020-am-law-100-rankings/
  12. Shepherd, David Lat, Elie Mystal, Staci Zaretsky, Kashmir Hill, Marin, Mark Herrmann, Jay. "The ATL 2017 Power 100 Law Firm Rankings". Above the Law. Retrieved 2016-12-13.
  13. "Kirkland & Ellis LLP". vault.com. Retrieved 15 June 2018.
  14. "Wall Street 'Nightmare' Alive as Kirkland Poaches From Wachtell". news.bloomberglaw.com. Retrieved 2020-07-14.
  15. Stewart, James B. (2018-04-26). "$11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier Firms". The New York Times. ISSN 0362-4331. Retrieved 2020-07-14.
  16. "Wall Street 'Nightmare' Alive as Kirkland Poaches From Wachtell". news.bloomberglaw.com. Retrieved 2020-07-14.
  17. https://www.reuters.com/article/us-celgene-m-a-bristol-myers/bristol-myers-to-buy-celgene-for-74-billion-in-largest-biopharma-deal-idUSKCN1OX0VM
  18. https://www.reuters.com/article/us-glp-m-a-blackstone-group/blackstone-in-18-7-billion-deal-to-acquire-u-s-warehouse-assets-from-glp-idUSKCN1T402V
  19. Thompson, Richard (February 22, 2013). "Meet the lead attorneys involved in the BP oil spill trial". The Times-Picayune. Archived from the original on February 26, 2013. Retrieved July 24, 2019.
  20. Ruddick, Graham (September 23, 2015). "Volkswagen hires BP oil spill lawyers to defend emissions cases". The Guardian. Retrieved July 25, 2019.
  21. "Litigation Powerhouse: Kirkland & Ellis LLP – Law360". www.law360.com. Retrieved 2016-12-12.
  22. "Litigation Powerhouse: Kirkland & Ellis LLP – Law360". www.law360.com. Retrieved 2016-12-13.
  23. Brown, Julie (November 29, 2018). "How a future Trump Cabinet member gave a serial sex abuser the deal of a lifetime". Miami Herald. Retrieved November 28, 2018.
  24. June 10, Samantha Stokes |; PM, 2019 at 06:21. "Kirkland Secures $56M in Fees for Toys R Us Bankruptcy". The American Lawyer. Retrieved January 22, 2020.CS1 maint: extra punctuation (link)
  25. "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved Jan 22, 2020.
  26. "Brett Kavanaugh Is a Mensch". Aug 29, 2018. Retrieved January 22, 2020.
  27. Farias, Cristian (October 17, 2018). "With Legal Storm Looming, Pat Cipollone May Be Perfect for White House Counsel". Intelligencer. Retrieved January 22, 2020.
  28. "Bress confirmation" (PDF). Retrieved January 22, 2020.
  29. "Kirkland & Ellis Fondly Remembers Former Partner Robert Bork | News | Kirkland & Ellis LLP". www.kirkland.com. Retrieved January 22, 2020.
  30. Bravin, Jess. "Supreme Court Appears Unlikely to Expand Gun Rights in New York Case". WSJ. Retrieved 2019-12-04.
  31. "Solicitor General: Paul D. Clement". www.justice.gov. 2014-10-23. Retrieved 2019-12-04.
  32. "John Bolton joins Ken Starr at Kirkland & Ellis". Retrieved January 22, 2020.
  33. Johnston, David (1991-11-21). "Barr Is Confirmed on Voice Vote As 77th Attorney General of U.S." The New York Times. ISSN 0362-4331. Retrieved 2019-02-05.
  34. "Secretary of Health and Human Services: Who Is Alex Azar?". AllGov. Retrieved January 22, 2020.
  35. Salam, Maya (2017-04-27). "Senate Confirms R. Alexander Acosta as Labor Secretary". The New York Times. ISSN 0362-4331. Retrieved 2019-12-04.
  36. "Trump Chooses Bolton for 3rd Security Adviser as Shake-Up Continues". The New York Times. Retrieved June 25, 2018.
  37. "U.S. Senate confirms Jeffrey Rosen as No. 2 Justice Department official". Reuters. 2019-05-17. Retrieved 2019-12-04.
  38. "Nathan A. Sales". United States Department of State. Retrieved 2019-12-04.
  39. "Mark Filip, P.C. | Lawyers | Kirkland & Ellis LLP". www.kirkland.com. Retrieved January 22, 2020.
  40. Flint, Joe (2018-09-17). "Viet Dinh to Become Chief Legal Officer of the New Fox". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-10-02.
  41. "Chief Architect of Patriot Act to Quit". Los Angeles Times. 2003-05-14. Retrieved 2019-12-04.
  42. "Ex-S.E.C. Official, Robert Khuzami, Joins Manhattan U.S. Attorney's Office". Retrieved 2018-10-02.
  43. "Deutsche Bank Appoints Robert Khuzami General Counsel for The Americas". www.businesswire.com. 2004-01-13. Retrieved 2019-12-04.
  44. Department Of State. The Office of Electronic Information, Bureau of Public Affairs. "Lefkowitz, Jay". 2001-2009.state.gov. Retrieved January 22, 2020.
  45. "President Dallin H. Oaks". www.churchofjesuschrist.org. Retrieved 2019-12-04.
  46. "Klarman, taking Kirkland & Ellis Chair, examines 'Racial Equality in American History' (video) – Harvard Law Today". Harvard Law Today. Retrieved 23 September 2015.
  47. "Permanent". northwestern.edu. Retrieved 23 September 2015.
  48. "Chicago firm endows Law School professorship". umich.edu. Retrieved 23 September 2015.
  49. "Clark, Sherman J. – University of Michigan Law School". umich.edu. Retrieved 23 September 2015.
  50. "Eric Posner". uchicago.edu. Retrieved 23 September 2015.

Further reading
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