Kirkland & Ellis consistently leads to the highest revenue in all of Biglaw. Given this – and especially against the backdrop of a glowing white side market – the company would almost certainly meet the highest levels of compensation recently announced by Cravath.
Of course, they had already announced promotions less than a week ago, but when there is a new compensation network that makes the rounds, well, you have to raise money to keep your employees happy.
So here’s Kirkland’s new Compensation Network:
As you can see from the graph, contributors receive a full match from the Cravath scale retrospectively by January 1st. And while the company maintains its commitment to paying at the top of the market for its non-shareholders, tipsters are annoyed by the retroactive date for the NSP:
However, if you are not a partner without sharing, they only send a separate note and pay by February 1 (not January 1), which actually reduces you over $ 4,000 for the month of January. I will be glad to see this accurately reported, so they have some responsibility for the NSP short circuit.
You can read the full note on the next page.
*** Wondering if the grass is greener on the inside? Click here to view the corporate advisor’s black box in our 2021 Internal Compensation Report ***
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Catherine Rubino is a senior editor at Above the Law, host of The Jabot podcast and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please contact her. Feel free to email her with any tips, questions or comments and follow her on Twitter (@ Kathryn1).
