Bloomberg Law
Dec. 11, 2018, 11:39 PM

Hammes Bet on Private Equity Positioned Kirkland for Future

Elizabeth Olson
Elizabeth Olson
Special Correspondent

Kirkland & Ellis Chair Jeffrey C. Hammes made aggressive bets on firm growth with private equity transactions playing a big part, and there’s no indication things will slow down under his successor.

Hammes is stepping down in February 2020 after a decade leading Chicago-based Kirkland. He’ll be replaced as head of the firm’s 15-member Global Management Executive Committee by private equity lawyer Jon A. Ballis.

Under Hammes’ watch the firm has grown spectacularly, posting $3.1 billion in gross revenues last year.

“When I talk about firm strategy and positioning, Kirkland is Exhibit A when it comes to the advantages of ...

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