"Top Partners at Kirkland & Ellis See Cuts to Equity Shares" Forum

nothingtosee · Post by **nothingtosee** » Mon Dec 19, 2016 9:42 am

http://www.americanlawyer.com/id=120277 ... 1119084150

Mad Hatter · Post by **Mad Hatter** » Mon Dec 19, 2016 10:17 am

Only $11.1M? THE HORROR.

Abbie Doobie · Post by **Abbie Doobie** » Mon Dec 19, 2016 10:41 am

Mad Hatter wrote:Only $11.1M? THE HORROR.

oh what a bloodbath

Abbie Doobie · Post by **Abbie Doobie** » Mon Dec 19, 2016 10:45 am

also, i'm sure k&e thought that if a market-leading firm such as pearson specter litt is changing its profit allocations (shifting emphasis from contingency fees to billable hour fees), then it damn well better follow suit(s)

LaLiLuLeLo · Post by **LaLiLuLeLo** » Mon Dec 19, 2016 1:00 pm

Abbie Doobie wrote:
Mad Hatter wrote:Only $11.1M? THE HORROR.
oh what a bloodbath

Calling getting your compensation trimmed by a few hundred thousand out of several million is hilariously out of touch.

dabigchina · Post by **dabigchina** » Mon Dec 19, 2016 1:05 pm

Abbie Doobie wrote:also, i'm sure k&e thought that if a market-leading firm such as pearson specter litt is changing its profit allocations (shifting emphasis from contingency fees to billable hour fees), then it damn well better follow suit(s)

inb4 Kirkland is not on Pearson Specter's level. They are more on par with Paul Weiss.

Abbie Doobie · Post by **Abbie Doobie** » Mon Dec 19, 2016 1:09 pm

in all seriousness, i think that reallocating equity partner profits is a smart move that will really ensure that partner compensation at k&e, on balance, remains in balance

dabigchina · Post by **dabigchina** » Mon Dec 19, 2016 1:13 pm

Given their high profile (and probably expensive) hires, I'm impressed they haven't had to trim more.

polareagle · Post by **polareagle** » Mon Dec 19, 2016 6:46 pm

Abbie Doobie wrote:in all seriousness, i think that reallocating equity partner profits is a smart move that will really ensure that partner compensation at k&e, on balance, remains in balance

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