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UK/global turnover: |
£32.5m/£534.3m |
UK/global PEP: |
£1.11m/£1.24m |
UK/global revenue per lawyer: |
£755,000/£484,000 |
UK revenue per partner/equity partner: |
£1.9m/£4.6m |
Global revenue per equity partner: |
£2.4m |
UK/global number of equity partners: |
7/220 |
UK/global number of partners: |
17/488 |
| UK/global number of lawyers: |
43/1104 |
| UK number of staff: |
88 |
| UK/global leverage ratio: |
5.1/4 |
KIRKLAND & ELLIS reported steady growth in
London in 2005. UK turnover increased by 12 per
cent to $56.8m (£32.5m), while average PEP rose
by 7 per cent. The uninspiring UK results were in
part due to the firm’s move to new premises at 30
St Mary Axe.
Despite implementing an aggressive expansion
campaign throughout 2005, the firm was unable to
secure the much-touted private equity lateral hires
of Linklaters partners Graham White and Raymond
McKeeve or Allen & Overy banking star Stephen
Gillespie until early 2006. And London founding
partner Stuart Mills is also due to leave the firm to
return to the US in September.
The firm did strengthen its German practice,
launched in January 2005, and is now gearing up for
its first Asian presence in Hong Kong.
Kirkland operates a merit-based compensation
system with a 31 January financial year-end.
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