Kirkland & Ellis Has Read the Room. More Firms Will Follow.
News this week that Kirkland & Ellis has taken the axe to its Texas corporate ranks is less significant in itself than for what it represents. Firms such as Kirkland, which operate a tight partnership model with high expectations for hours and client satisfaction, do not suffer fools. Performance reviews will be undertaken every year and those whose timesheets do not stand up under scrutiny will find themselves out.