Regulation Corporations
Kirkland & Ellis will not share monetary efficiency with media
Kirkland & Ellis has determined to cease sharing its monetary info with the American Lawyer and different publications that report on the enterprise of regulation. (Picture from Shutterstock)
Kirkland & Ellis has determined to cease sharing its monetary info with the American Lawyer and different publications that report on the enterprise of regulation.
In a letter despatched Wednesday to the American Lawyer, which publishes annual rankings of enormous regulation corporations based mostly on their monetary efficiency, Kirkland mentioned its management “concluded that public reporting of our income and earnings doesn’t present significant worth to our purchasers nor adequately replicate the caliber of our agency’s authorized companies.”
Bloomberg Law reviewed the letter and printed a narrative on its contents.
In keeping with the 2026 Am Regulation 100, Kirkland turned the first firm on this planet to go the $10 billion income mark.
“Particularly, we imagine the rankings might incentivize quantitative metrics over qualitative strengths whereas failing to seize a very powerful attributes of authorized work—the standard of authorized service and the outcomes achieved for purchasers,” Kirkland additionally reportedly mentioned in its letter to the American Lawyer.
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