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‘Nightmare’ Lives for Wall Street as Kirkland Poaches Wachtell

May 8, 2020, 12:28 PM

Kirkland & Ellis chair Jon Ballis, who took the post in January, has already poached a partner from the nearly untouchable ranks of Wachtell despite a pandemic slowing the economy and making many firms wary of big-money lateral hires.

All Grown Up: “That private equity, litigation, bankruptcy shop that used to be really great coming out of Chicago, they’re not that anymore. They’re a nightmare for the Wall Street firms,” legal recruiter Mark Jungers said of Kirkland.

Potent Mix: Kirkland’s sky-high profitability and merit-based compensation system have proven a potent combination in recruiting partners from the most venerated Wall Street firms, and that strategy does not appear to be easing.

Meghan Tribe and Roy Strom have the story.

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Pillsbury’s London office hired former Jones Day corporate partner Nick Burgess as a senior counsel | White & Case added Sandra Rafferty as a partner to its Mergers & Acquisitions Practice in London from CMS Cameron McKenna Nabarro Olswang LLP | Stoel Rives said that commercial and antitrust litigator Chuck Samel has joined as a partner, and will split his time between the Southern California and San Francisco offices | Pirkey Barber PLLC has added Michael S. Metteauer, Christopher Weimer and Katherine Klammer Madianos to its Intellectual Property practice in Austin, TX from Norton Rose Fulbright | Cozen O’Connor added nine attorneys in Philadelphia from Baer Crossey McDemus LLC.

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To contact the reporter on this story: Bruce Kaufman in Washington at bkaufman@bloomberglaw.com

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