S6EP13: Money talks: Inside City law's eye-watering partner pay

The numbers don't lie and when you're earning more in two days than most people make in a year, they don't need to.This week on The Legal Cheek Podcast, Julia Szaniszlo and Tom Connelly dig into the headline-grabbing financial results of Kirkland & Ellis, the first law firm in history to break the $10 billion revenue barrier, with profit per equity partner hitting a staggering $11.1 million (£8.2 million).Julia and Tom break down what profit per equity partneractually means in practice, from the "eat what you kill" pressure that comes with it, to the eye-watering daily earnings that put even Premier League footballers to shame. They also explore the mechanics behind such extraordinary profitability: from the dominance of private capital to the growth of the non-equity partner tier that has turbocharged US firms’ margins across the City.