Jeremy Liss is a partner focused on private equity in the Chicago office of Kirkland & Ellis LLP. Jeremy is recognized for his work in private equity transactions by Chambers USA and The Legal 500 U.S., where interviewees describe him as “a fantastic lawyer.”
Jeremy’s extensive experience includes counseling clients on domestic and cross-border M&A transactions, carve-outs, and purchases and sales through bankruptcy and out-of-court restructuring with transaction sizes ranging from less than $100 million to more than $6 billion. His clients include AE Industrial Partners, Arlon Group, Aterian Investment Partners, Blue Sea Capital, Garnett Station Partners, Marlin Equity Partners, New Water Capital, Soundcore Capital Partners, Sun Capital Partners, SK Capital, Teachers’ Private Capital, Vesey Street Capital Partners and Wind Point Partners.
Jeremy is a thought leader in the use of representations and warranties insurance and other transactional risk insurance products. He started and leads the Firm’s marketing-leading Transactional Risk Insurance Practice, which is uniquely positioned given the scale of Kirkland’s private equity M&A business. “With Jeremy’s leadership, Kirkland has been at the forefront of innovation in the transaction liability market and has been a tremendous partner for us in moving this market on scope of coverage and execution in a fashion that has greatly benefitted our mutual clients,” a leading reps and warranties insurance broker noted.
Jeremy’s early adoption and advocacy of reps and warranties insurance to clients and partners were instrumental in driving the product’s exponential growth. As a result, Jeremy is highly regarded by, and has close relationships with, the most active brokers and insurers in the market. His experience and credibility with insurers have driven superior results in scope of coverage and claims for his clients. “Jeremy introduced us to R&W insurance and explained the ways it could improve our deal outcomes. It dramatically changed the way we approach indemnification in deals,” said one client.
Jeremy is a member of the Firm’s M&A Knowledge Management Committee, ensuring that the latest transaction best practices and leading legal innovations are disseminated firm-wide. Jeremy is also one of the Firm’s representatives to the Private Equity Legal Leaders Network, which promotes information sharing between senior in-house counsel from private equity firms and senior private equity partners from select law firms on key legal issues confronting private equity firms. In addition, Jeremy is a founding member of the Firm’s Innovations and Legal Technology Committee, which is tasked with using technology to enhance the Firm’s ability to efficiently deliver high-end legal services and value to its clients.
Jeremy is a member of the Board of Directors of the Chicago Chapter of the ADL and the Anshe Emet Synagogue.
“M&A Insurance - No Exclusion of Consequential Damages,” KirklandPEN, July 25, 2014
"Multiple-Based Damage Claims Under Representation & Warranty Insurance," KirklandPEN, November 6, 2013
Chambers USA, Corporate/M&A: Private Equity (Illinois), Up and Coming, 2018–2020
Recognized in The Legal 500 U.S., Private Equity Buyouts, 2018
"Insurers Fight to Keep Up as Deal Insurance Goes Mainstream," Law360, January 26, 2015
"M&A Insurance Helps Bidders Stand Out In Packed Market," Law360, February 5, 2014
"M&A Insurance Picking Up Steam As Policy Prices Sink," Law360, October 31, 2013
"Transactional risk insurance demand surges thanks to attractive products," Business Insurance Online, August 25, 2013
Admissions & Qualifications
- 1999, Illinois
- 1999, Michigan
- Passed all three levels of Chartered Financial Analyst exam
- University of Michigan Law SchoolJ.D.magna cum laude1998Order of the Coif
- University of MichiganB.A., Business Administrationwith High Distinction1995
James B. Angell Scholar
Academic Honors, 1991–1995
Golden Key National Honor Society