Business & Practice

Arnold & Porter Snags Longtime Kirkland Corporate Partner (1)

Dec. 2, 2019, 5:17 PMUpdated: Dec. 2, 2019, 9:33 PM

Arnold & Porter has hired Carol Anne Huff, a longtime partner at Kirkland & Ellis’ vaunted corporate practice, as a partner in the firm’s Chicago office.

Huff joined Kirkland & Ellis in 1997 and has worked on high-yield debt offerings, initial public offerings, private investment in public equity (PIPE) transactions, and other deals for public companies and private equity firms.

She worked on the initial public offerings of Stock Building Supply Holdings Inc., Boise Cascade Co., and Smart Sand Inc., among others. She also worked on a number of transactions involving private equity firm Madison Dearborn Partners, a longtime Kirkland client. And she has worked on debt offerings for clients such as The Yankee Candle Co., Clearwire Communications and United Airlines.

“Carol Anne brings broad transactional expertise in complex capital markets, M&A and restructuring transactions,” D. Tyler Nurnberg, head of Arnold & Porter’s Chicago office, said in a statement. “Her expertise in these areas will expand the scope of services we can offer clients in the Chicago market and nationally.”

Huff will join Arnold & Porter’s Chicago office, which has 30 lawyers and was historically part of Kaye Scholer before the 2017 merger that created today’s nearly 1,000-lawyer firm. Michael Solow, a Chicago-based partner, was the managing partner of Kaye Scholer at the time of the merger.

Kirkland & Ellis is the nation’s largest firm by revenue, with $3.76 billion in revenue last year, according to AmLaw rankings. The firm’s profits per equity partner were over $5 million.

Arnold & Porter ranked No. 40 in last year’s AmLaw rankings with $961 million in revenue and profits per equity partner at $1.24 million.

Outside of Big Law, Huff teaches capital markets transactions as a lecturer at University of Chicago Law School.

“I look forward to working with my transactional colleagues, as well as collaborating across the firm, to leverage the firm’s outstanding platform,” Huff said in a statement.

A spokeswoman for Kirkland & Ellis said in a statement: “We appreciate Carol Anne’s contributions and wish her well in the future.”

(Adds Kirkland statement in last paragraph.)

To contact the reporter on this story: Roy Strom in Chicago at rstrom@bloomberglaw.com

To contact the editors responsible for this story: Jessie Kokrda Kamens at jkamens@bloomberglaw.com; Rebekah Mintzer at rmintzer@bloomberglaw.com

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