Kirkland notice period doubles as partner exits
Kirkland & Ellis is reportedly doubling the notice period for all of its global equity partners, fresh off the news that high-yield partner Andrew Hagan is departing the firm for Freshfields Bruckhaus Deringer. It was less than a week ago that news arrived that a team of six lawyers was also leaving the firm.
Hagan will join Freshfields starting in April. He follows in the footsteps of former Kirkland partner Wade McKimm, who made the jump less than a year ago. Freshfields likely modified its lockstep in order to accommodate McKimm's recruitment. Hagan arrived at Kirkland in 2013 after six years at Sidley Austin, where coincidentally, the team of six last week ended up after leaving Kirkland. Hagan became a non-equity partner in 2014.
Kirkland notified its partners that all global equity partners now require a 120 day notice, up from 60 days previously. Additionally, non-equity partners now have a new 30-day notice period