Top Bankruptcy Firm Kirkland Losing Lawyers as Economy Improves



Kirkland & Ellis LLP and several attorneys from the law firm’s dominant bankruptcy practice have parted ways amid a dramatic slowdown in corporate defaults and chapter 11 filings, according to people familiar with the matter.

Up to 20 partners and associates have left Kirkland’s roughly 200-lawyer bankruptcy practice this year, including junior partners who found out they wouldn’t be promoted to shareholder positions, the people said.

The…

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