a Tough 2020 Was Lucrative for Top US Corporate Lawyers
Associated Press As businesses struggled and unemployment soared, top US corporate lawyers made a killing. Partners at Kirkland & Ellis, which has a large bankruptcy practice, earned $6 million on average. Some economists say the legal system that produces the firms' fortunes should be reformed. As businesses struggled to stay afloat during the COVID-19 pandemic and many workers in the energy, retail, and hospitality sectors were forced into unemployment, one industry did just fine, taking home millions in profits from the disruption. The country's top law firm...