Kirkland & Ellis Ceases Public Disclosure of Revenue and Profits
1 report, 1 independent
Updated Oct 1
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What happened
Kirkland & Ellis LLP announced its decision to stop disclosing information regarding its revenue and profits to media publications after 2026. The firm stated that public financial disclosure does not offer clients meaningful value or sufficiently demonstrate the quality of its legal services. This decision was reported by the Financial Times.
From thelawyermag.com
Why it matters
The firm argued that public rankings could incentivize quantitative metrics over qualitative strengths, failing to capture the most important attributes of legal work. This change affects how the legal market benchmarks the performance and quality of major law firms.
From thelawyermag.com
Who's involved
- Kirkland & EllisLarge US law firm that decided to cease public financial disclosure after 2026.
- Financial TimesLondon-based newspaper that reported on Kirkland & Ellis's policy change.
Keep exploring
The entities involved
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Kirkland & Ellis
large law firm in the United States, based in Chicago, Illinois
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Financial Times
London-based daily newspaper