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Kirkland & Ellis has recently adopted a policy of withholding departing equity partners’ accrued compensation upon their departure from the firm. This move, which is common among Big Law firms, is expected to impact lateral moves significantly. Legal industry sources indicate that firms are increasingly implementing measures such as punitive non-competes and debits for unpaid bills to retain partners. Additionally, a Kirkland client recently dodged a $60 million fraud claim on summary judgment.
ICYMI. Kirkland recently adopted a policy of withholding departing equity partners’ accrued compensation upon their departure from the firm. https://t.co/eSY8dEFBlR
ICYMI. Kirkland Client Dodges $60 Million Fraud Claim on Summary Judgment https://t.co/V4WVNNgw7z
ICYMI. Kirkland recently adopted a policy of withholding departing equity partners’ accrued compensation upon their departure from the firm. Such policies, which Big Law partner recruiters said are common in Big Law, makes an impact on lateral moves. https://t.co/jtBFlYAomB
