Sidley Austin has shaken up the private equity space, in part using a string of lateral hires from more established PE players to make rapid progress in a market where the top law firms have had practices spanning several decades.
The Chicago-founded firm saw its revenue from this private equity work hit roughly $300 million this past year, a leap from just $50 million in 2011.
Sidley’s also put together a formidable stable of clients that include private equity heavyweights like KKR, Clearlake Capital, Siris Capital, Apollo, The Carlyle Group, Great Hill Partners, and Towerbrook.
From 2014 to 2018, the ...