Law Firms
Kirkland Lays Off Associates in NYC, DC and Chicago
Kirkland & Ellis has laid off more than 20 associates in New York and has also reportedly chosen not to retain associates in the firm’s Washington, D.C. and Chicago offices.
The Wall Street Journal Law Blog reports that the layoffs came at the end of the firm’s annual associate-review process.
“Associates deemed to have not been on track to make either equity partner or nonequity partner were asked to leave,” the Law Blog reports.
Still, layoffs were higher this year because of the economy and general lack of attrition firmwide.
JD Journal notes that Kirkland hasn’t instituted layoffs since the same period last year. The blog also reports that a “significant percentage of summer associates” were extended offers.