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A boom in private equity meant bumper pay and rapid promotion for Kirkland & Ellis partners, but competition is growing as dealmaking slows.
VAN HORN, Texas — Texas state troopers deployed to the border in remote West Texas to serve as backup to the overstretched Border Patrol are overwhelmed responding to the increasing
VAN HORN, Texas — Texas state troopers deployed to the border in remote West Texas to serve as backup to the overstretched Border Patrol are overwhelmed responding to the increasing number of illegal migrants who try to outrun them.
So far, Kirkland hasn't missed a beat since a change at the top a little over a year ago. It is riding a deal-making boom, topping Wall Street bluebloods like Wachtell Lipton Rosen & Katz and running circles around Chicago competitors. Can Jon Ballis, a lower-key successor to Jeffrey Hammes as chair, sustain the momentum as management of larger firms grows more complex? Kirkland has 2,900 lawyers, almost three times what it had 15 years ago, and it's not stopping there. Kirkland's revenue gain in 2020 alone would put it among the top 100 U.S. law firms. Law firms of its ilk are benefiting fro...