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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Business of Law
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