Stunner - Legend Jamie Sprayregen Leaves Kirkland & Ellis (for a 2nd time)
"Jamie Sprayregen, one of the top U.S. bankruptcy lawyers, is leaving Kirkland & Ellis's pre-eminent corporate restructuring practice for Hilco Global, a private financial advisory firm, Hilco said ..." - Yahoo Finance, March 19, 2024
In a sector such as Big Law there are giants. Then there are the disruptors. Restructuring mastermind Sprayregen is among the latter. Anyone with any association with Kirkland & Ellis talks of him with reverence. I encounter that all the time in coaching the firm's alumni.
This is the second time Sprayregen is leaving Kirkland & Ellis. The first was in 2006 when he went to Goldman Sachs for three years. Then he boomeranged back.
Of course, partner exits, especially of the top stars, raise question about the firm being left. Could this be a sign of underlying trouble?
Recently Kirkland & Ellis lost major twinklers in the London market to Paul, Weiss in multiple raids. In that niche as well as in the US Paul, Weiss has been gaining presence. It's the to-watch for what it could be up to next.
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