‘Kirklandisation’ of Big Law pushes firms to launch salaried partnerships
A feature since at least the 1980s, non-equity partners are back in vogue as rivals try to compete with Kirkland & Ellis
A feature since at least the 1980s, non-equity partners are back in vogue as rivals try to compete with Kirkland & Ellis

Chicago-founded law firm becomes first to break $10bn barrier for annual revenues

Firm moves to repair relations with backers of private equity funds after claims of uncooperative behaviour in negotiations

London law firms hired 668 partners in 2025, up 21% on last year

New corporate structures could get around long-standing restrictions against non-lawyer ownership of firms

Decision to scrap certain contentious debt refinancing practices leaves David Nemecek in limbo

Macfarlanes has transcended its roots to become one of London’s most profitable legal partnerships