Kirkland Fights Poachers as Legal Market Rebounds - Listen - On

Kirkland Fights Poachers as Legal Market Rebounds

Listen now

Description

Kirkland & Ellis, the largest law firm in America by revenue, is implementing new policies to try to bring more young attorneys in the door and to prevent its most seasoned attorneys from walking out. It's doubled the size of its referral bonus, but the firm will also now withhold the year-end pay from partners who leave Kirkland in the middle of the year. Are these measures signs that the legal market has rebounded from its slump in late 2022? Our guests on today's On The Merits podcast, Bloomberg Law reporters Roy Strom and Meghan Tribe, talk about why Kirkland is taking these moves, what all of this means for the legal industry, and whether Big Law firms are finally breaking their endless cycle of over-hiring and under-hiring. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

More Episodes

See all »

How Antitrust Law Is Confronting the Housing Crisis

A group of antitrust lawsuits blames the nationwide affordable housing crisis in part on a conspiracy among some of the country's top landlords to drive up rent using artificial intelligence tools. The scheme allegedly works through property management software that crunches data provided by its...

Published 11/05/24

On The Merits

Published 11/05/24

Tired of Partisan Noise? How NJ's High Court Finds Consensus

At the New Jersey state supreme court, all of the justices seem to get along–even though they maintain a 4-3 partisan split in their ranks. The unique system, based on an unwritten rule that the governor will select justices and maintain a 4-3 balance politically, leads to an extraordinary amount...

Published 10/31/24