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Kirkland And Ellis

All articles tagged with #kirkland and ellis

legal-services1 month ago•5 min saved

Elite Law Firms Pivot to Bespoke AI to Defend Premium Market Share

Major law firms are moving beyond off-the-shelf AI tools to build proprietary platforms, aiming to secure competitive advantages and protect intellectual property. While standard AI handles routine tasks, bespoke solutions target complex, high-value legal work. This shift is driven by significant investments, such as Kirkland & Ellis’s $500 million allocation and Freshfields’ partnership with Anthropic, as firms seek to differentiate themselves in a rapidly growing market.

via ft.com|

#anthropic #freshfields #kirkland-and-ellis

businesslaw2 years ago•0 min saved

"2024 Am Law 100: Key Rankings Revealed"

The 2024 Am Law 100 ranking by gross revenue shows six of the top 10 firms remaining the same, with Kirkland & Ellis leading the list followed by Latham & Watkins, DLA Piper, Baker McKenzie, Skadden, Arps, Slate, Meagher & Flom, and Sidley Austin.

via Law.com|

#am-law-100 #businesslaw #gross-revenue

legaltech2 years ago•1 min saved

"Top Biglaw Firm Takes on Government's Antitrust Suit Against Apple"

The Department of Justice has filed an antitrust suit against Apple, accusing the tech giant of monopolizing the smartphone market. Apple has hired Kirkland & Ellis, the top firm in the Am Law 100, to defend itself, with litigation partners Craig Primis, Devora Allon, Winn Allen, and antitrust partner Matt Reilly leading the case. Apple claims the suit is "wrong on the facts and the law," and Kirkland & Ellis will represent the company in this high-stakes legal battle.

via Above the Law|

#antitrust-lawsuit #apple #department-of-justice

business3 years ago•2 min saved

Kirkland & Ellis Breaks Records with Massive Partner Promotions

Kirkland & Ellis, one of the nation's top law firms, has announced its largest-ever partner class, consisting of 205 new partners. This class is 6% larger than last year's record-breaking class and continues the trend of increasing partner classes each year. Despite economic challenges, Kirkland saw growth in revenue and profits in 2021. However, the firm's lack of diversity in its partnership ranks remains a concern, as it has not released photos of its new partners.

via Above the Law|

#business #diversity #kirkland-and-ellis

law3 years ago•2 min saved

Kirkland & Ellis Reports Record Revenue Despite Layoffs.

Kirkland & Ellis has reported a record financial year, with gross revenue increasing by 7.8% to over $6.5bn, and head count rising by 12.9% to 3,415 full-time equivalent lawyers. However, the firm has conducted "not layoffs" for the second time in six months, leading to accusations of reckless overhiring.

via Above the Law|

#financial-year #head-count #kirkland-and-ellis

business3 years ago•0 min saved

Kirkland & Ellis Implements Widespread Associate Layoffs.

Law firm Kirkland & Ellis has laid off a number of associates across its US offices. The exact number of layoffs is unknown, but sources say it is a significant amount. The firm has not commented on the layoffs, but they are believed to be a result of the economic impact of the COVID-19 pandemic.

via Financial Times|

#associates #business #kirkland-and-ellis

business3 years ago•1 min saved

Kirkland & Ellis Implements Nationwide Associate Layoffs.

Kirkland & Ellis has laid off an unknown number of associates across its US offices following mid-year performance reviews. The law firm claims that these were performance-based decisions resulting from its attorney review process. The cuts come after a hiring craze for associate talent in 2021, which was driven by a boom in transactional work. Laid off associates will receive full salary and benefits until July 31st.

via Bloomberg Law|

#business #junior-associates #kirkland-and-ellis