Many Biglaw firms have decided to exit China amidst challenging market conditions, but Kirkland & Ellis, one of the world's most prestigious and financially robust law firms, has chosen to stay. This decision has sparked widespread speculation within the legal community as the firm grapples with a significant number of partner departures and alleged internal issues.

In recent developments, a total of 21 partners have left Kirkland & Ellis's Hong Kong office since early last year, with eleven of those departures occurring since February alone. This follows on the heels of ten more partners who moved on throughout 2024. Such a high turnover rate is unusual for any firm, particularly one as successful as Kirkland & Ellis, which boasts an impressive global footprint and record-breaking financial performance.

Further complicating the picture, the firm conducted layoffs last March in its Hong Kong office, citing an oversized team. Reports from insiders and other attorneys in the region have painted a picture of a "noxious culture" at the firm, characterized by a highly competitive environment that some describe as a "kill or be killed" atmosphere. Additionally, sources claim that the firm's offices in Shanghai and Beijing have been struggling financially for an extended period.

Despite these challenges, Kirkland & Ellis maintains a public facade of stability and commitment to its Asian operations. A spokesperson for the firm stated, "We remain deeply committed to our long-term strategy and presence in Asia, which includes fostering a collaborative culture where our talent can thrive."

This situation raises questions about the firm's strategic decisions and the future of its operations in China. Will Kirkland & Ellis manage to stabilize and grow its presence in Asia, or could it become the next major law firm to retreat from the Chinese market?

As the legal community watches these developments unfold, the implications for Kirkland & Ellis's business and reputation in Asia remain uncertain. Industry observers and insiders may provide more insights as the situation develops.