
Kirkland & Ellis has recorded a significant upsurge in its revenue and profit per equity partner (PEP) in 2016, as a partner in the firm’s London restructuring team has departed for KKR spin-off Pillarstone.
Revenue figures have shot up by 15% for Kirkland in the 2016 financial year, rising to $2.65bn. The turnover growth is an improvement on last year when global revenue was up 7%. Furthermore, PEP has risen 14% to $4.1m, a pronounced increase on last year’s figure of $3.6m.