{"id":133691,"date":"2025-09-22T17:03:21","date_gmt":"2025-09-23T01:03:21","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/09\/22\/the-biggest-line-of-credit-in-biglaw\/"},"modified":"2025-09-22T17:03:21","modified_gmt":"2025-09-23T01:03:21","slug":"the-biggest-line-of-credit-in-biglaw","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/09\/22\/the-biggest-line-of-credit-in-biglaw\/","title":{"rendered":"The Biggest Line Of Credit In Biglaw"},"content":{"rendered":"

Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

It is like having an overdraft line of credit. [Law firms] don\u2019t plan on drawing on it, but knowing it is there in case you go over is comforting. It is looked at as a smart, common tool.<\/strong><\/p>\n

\u2014 <\/i>Jeffrey Lowe<\/a>, market president of Washington, DC office of legal advisory and recruiting firm CenterPeak, in comments given to the American Lawyer<\/a>, speaking generally on law firm practices when it comes to lines of credit. Kirkland & Ellis, the No. 1 law firm in the country when it comes to gross revenue, reportedly has a revolving line of credit that\u2019s in excess of $1 billion, which is 10+ times the size of the average Am Law 100 firm\u2019s revolving credit line. <\/em><\/strong><\/p>\n

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\"Staci
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Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post The Biggest Line Of Credit In Biglaw<\/a> appeared first on Above the Law<\/a>.<\/p>\n

\"\"<\/figure>\n

Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

It is like having an overdraft line of credit. [Law firms] don\u2019t plan on drawing on it, but knowing it is there in case you go over is comforting. It is looked at as a smart, common tool.<\/strong><\/p>\n

\u2014 <\/i>Jeffrey Lowe<\/a>, market president of Washington, DC office of legal advisory and recruiting firm CenterPeak, in comments given to the American Lawyer<\/a>, speaking generally on law firm practices when it comes to lines of credit. Kirkland & Ellis, the No. 1 law firm in the country when it comes to gross revenue, reportedly has a revolving line of credit that\u2019s in excess of $1 billion, which is 10+ times the size of the average Am Law 100 firm\u2019s revolving credit line. <\/em><\/strong><\/p>\n

\n
\"Staci
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Ed. note: Welcome to our daily feature, Quote of the Day. It is like having an overdraft line of credit. [Law firms] don\u2019t plan on drawing on it, but knowing it is there in case you go over is comforting. It is looked at as a smart, common tool. \u2014 Jeffrey Lowe, market president of […]<\/p>\n","protected":false},"author":3,"featured_media":133692,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-133691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/09\/Staci-Zaretsky-aV5fMg.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/133691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=133691"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/133691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/133692"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=133691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=133691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=133691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}