A five-judge panel that decides which Texas civil lawsuits should be consolidated in statewide multidistrict litigation has rejected a plea by lawyers representing data analytics firm CirclesX Recovery and other plaintiffs alleging a multibillion-dollar market manipulation conspiracy among natural gas companies during Winter Storm Uri to separate their lawsuits from hundreds of others. The decision means the case will remain a part of the MDL before a single Houston judge.
Akin, Baker Botts, Yetter Coleman Join Firms in Associate Pay Raises and Bonuses
The three Texas law firms added their names to the growing list of corporate law practices that are increasing associate compensation and handing out big year-end bonuses.
V&E, Sidley, McDermott, Norton Rose Fulbright Match Cravath Salary Bump, Bonuses
Christmas came in late November for non-partner lawyers at Vinson & Elkins. In an email Thursday to the firm’s associates, V&E announced it is paying them annual bonuses ranging from $15,000 to $115,000 and increasing their compensation between $10,000 and $20,000 per year. First-year associates will now make $225,000 and eighth-year associates will see their annual comp top $550,000 with the bonus.
White & Case Has ‘Vastly Exceeded Expectations’ in Texas
In February 2018, the global law firm White & Case opened its Houston office with four lawyers, no associates, no support staff and sublet space in Two Allen Center. The goal, firm leaders announced at the time, was to grow the office to 50 attorneys. Nearly six years later, White & Case now has more than 100 attorneys in its Houston office and occupies three floors in 609 Main Street. The firm has seen revenues double over two years and expects even more growth ahead.
‘Nobody Gave Us a Chance’ — Lynn Pinker Turns 30
Mike Lynn left the comforts of national corporate firm Akin Gump in 1993 to start a trial-focused shop with two other lawyers. They used a wooden door on cement blocks as a desk. The paralegal was also the office manager, who worked at a table in the hallway. Thirty years later, Lynn Pinker is one of the largest and most prominent litigation boutiques in Texas, boasting 47 lawyers and blue-chip clients such as IBM, Energy Transfer, Neiman Marcus and Xerox — and even a Saudi prince. In three decades, the firm’s lawyers have scored multiple nine-digit courtroom victories for plaintiffs and defendants.
“This is a story that could only happen in Texas,” said Lynn, who is now 73. The stories of nearly all law firms are defined by critical or business-threatening events, enormous courtroom victories, lawyers joining and leaving and strategic decisions on practice groups or business sector focuses. Almost all successful firms in Texas have stories that revolve around one or two legal stars — be they Leon Jaworski or Steve Susman, John Zavitsanos or David Beck, Mike McKool or Paul Yetter. Lynn Pinker is no exception.
Jackson Walker: Lawyer Misled Firm Over Relationship With Bankruptcy Judge
When Jackson Walker leaders confronted its partner, Elizabeth Freeman, in 2021 and 2022 about reports that she was in a romantic relationship with then Chief Bankruptcy Judge David Jones, Freeman assured them that “there was no ongoing intimate relationship with Judge Jones,” according to a court document filed Monday afternoon by lawyers for Jackson Walker.
“Jackson Walker did not know of any ongoing intimate relationship between Ms. Freeman and Judge Jones until 2022 when it learned, quite by accident, that Ms. Freeman’s denial was possibly false or at least no longer true,” the firm states in a five-page filing titled “Preliminary Response of Jackson Walker to Recent Filings by the Office of the United States Trustee.”
Litigation Roundup: Client Sues Winston; SCOTUS Clears Path for Environmental Suit; McKool Awarded $4.7M in Fees
Last week was business for lawyers and judges inside the courtroom and publicly. Texas voters by a nearly two-to-one margin rejected Proposition 13, which would have raised the mandatory retirement age for state judges from 75 to 79. In litigation, two energy companies sued Winston & Strawn for negligence and breach of fiduciary duty; The U.S. Supreme Court refused to halt an environmental trial set to start later this month in Louisiana against BP America, Shell Oil and Hilcorp Energy in which the plaintiffs seek $7 billion in damages; a Dallas jury awarded McKool Smith in $4.7 million in legal fees; and Akin scored a win for Elon Musk’s SpaceX in an immigration dispute.
Texas GC Forum Honors Eight Corporate Counsel for Leadership, Successes
Eight general counsel and senior counsel from Baker Hughes, Beneficient, Cart.com, City of Grand Prairie, McDermott, Transocean, Trillium Flow Technologies and Westlake Chemical, were honored Thursday night in Austin by the Texas General Counsel Forum for their accomplishments and leadership in 2022 and 2023. The 17th annual Magna Stella Awards went to four women and four men on topics ranging from major transaction and major litigation of the year to general counsel for large and small corporate legal departments. The Texas Lawbook was there and has full details.Photo: Andres Sotomayor
California Jury Awards Reese Marketos Client $5.2M in Unlawful Competition Trial
A federal jury heard four days of testimony from nine fact witnesses and two experts in a trademark infringement, fraud, defamation and unlawful business interference case brought by fintech firm ConsumerDirect against a competitor. The jury deliberated for three hours before delivering a multimillion-verdict in the litigation … for the defendant, Array. It is the second time in a decade that lawyers at Reese Marketos won a huge judgment for the same client as a defendant.
Baker Botts, Murtha Cullina Score Defense Jury Win for Exxon Mobil
A Connecticut jury deliberated for more than four hours Wednesday before rejecting claims in a $40 million lawsuit brought by the wife of a former Exxon gas station owner that the Houston-based oil giant was responsible for the acute myelogenous leukemia that caused his death in 2018 at the age of 67. The defense legal team also included Exxon Mobil corporate counsel Ted Ray and Baker Botts partner Ty Buthod.