Blackstone Spent $70 Million at Big Law’s Top Dealmaker (1)

Kirkland & Ellis received $69.6 million in legal fees from Blackstone Inc. last year, the company disclosed in a securities filing.

Kirkland, the world’s largest law firm by gross revenue, has been engaged “from time to time in the ordinary course of business to provide legal services to us and our subsidiaries,” Blackstone said in a 10-K filed Feb. 25 that also unveiled a $1.1 billion payday for its chairman and CEO Stephen Schwarzman.

Reginald Brown, a Washington-based Kirkland litigation partner, joined Blackstone’s board in September 2020. Brown “does not receive any direct compensation, specific origination bonus, or other disproportionate ...