@bloomberglaw: Big Law giants Kirkland & Ellis and Paul, Weiss have decided to stop providing financial data to legal news publications. Will other firms follow in their footsteps? #BigLaw #kirkland #finance

Bloomberg Law
Bloomberg Law
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Region: US
Tuesday 10 November 2026 17:31:39 GMT
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zbvzz2
zbvzz2 :
wow a costco law firm
2026-11-10 21:22:36
1283
agf1208
Jgf1208 :
As a Kirkland junior partner, I can confirm that our clients are increasingly auditing all of our bills and a lot of the equity partners are starting to notice more challenges… I wonder how it will be in the next 5 to 10 years
2026-11-11 02:37:17
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appleuser44695898
appleuser44695898 :
My dad works at Kirkland and Ellis
2026-11-10 21:29:12
23
psycuhhlogist
psycuhlogist :
I don't get Tech can boast about their profits, but a law firm can't make money??
2026-11-10 19:05:24
728
stellar_times
Stellar_Times :
I worked as a legal assistant coming straight out of college. I'd draft legal briefs 90% of the time for my attorney using templates and plugging in the details. The lawyer would take the drafts I printed, walk into the bathroom, then come out and sign them and charge all the clients for the time he spent "drafting and reviewing" them.
2026-11-11 06:42:56
11
rachrray
rach :
clients pushing back on fees is nothing new.
2026-11-10 19:53:34
225
thefafoattorney
theFAFOattorney :
Billable hours are a scam. 🤷‍♂️
2026-11-11 10:26:32
3
preacherous
Preacher :
AI will curtail a lot of that revenue they making right now you won’t need that amount of lawyers and partners
2026-11-10 19:01:31
73
user03846920365763
user03846920365763 :
The AI boom was the nail in the coffin
2026-11-10 22:32:03
19
bzywn2
bzywn2 :
The assumption that ai makes work cheaper has to show somewhere. The services industry will have to bend I think that’s what they’re trying to avoid
2026-11-10 23:02:35
45
2026inthe6ix
2026inthe6ix :
How is ‘demand for legal services’ measured if not by billable hours?
2026-11-10 22:49:04
23
legallyjared
Jared :
That’s insane I remember back when “a lot” was 6-7 million PPP
2026-11-11 01:05:09
7
dd__megadoodoo
Deedee Megadoodoo :
I called Morgan and Morgan
2026-11-11 02:29:28
3
derbytrackstars
PINECAR D. LADY 🏎️💖💜💙 :
Big Law firms copy and watch what each other does
2026-11-10 21:26:50
1
prettyfacedtay
prettyfacedtay :
bc of luigi
2026-11-11 04:01:11
1
livelyacres
itsallama :
clients pay for that is what’s wild
2026-11-11 03:57:12
0
agent0001uswr
Telos :
Hey I summered here
2026-11-11 04:33:12
0
bobbytoddy30
Bobby :
Per partner?!
2026-11-11 10:03:57
0
lilgirlattorney
Little Girl Attorney :
Time for fractional counsel 💪🏽
2026-11-11 01:22:20
0
callmemaeblmao
maebz :
When will this be on reels
2026-11-11 03:18:38
0
guillaume_turner
Guillaume Turner :
Land?
2026-11-11 03:00:36
0
simonj275
Pineapple 45688 :
Got fleece people
2026-11-11 07:52:05
0
bubblesandknit23
bubblesandknit23 :
I believe the plot of The Firm was about billing practices. 🧐
2026-11-10 23:06:08
0
youlovepapai
papas playhouse :
wheres brian steels
2026-11-10 19:29:59
1
misunderstood_opossum
MO :
Another likely reason - they don’t want associates to see how their salaries are lagging behind inflation while PPP skyrocket
2026-11-10 22:45:34
50
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