The first six months of 2021 ended in a flurry of lateral moves, as nearly a dozen partners were on the move this week. Jackson Walker, Locke Lord and Kirkland beefed up their Austin offices. McGuireWoods added a partner in Houston. The Texas Lawbook has the details.
Four NRF Partners Open O’Melveny’s Office in Dallas
Twenty-two days after O’Melveny & Myers opened its first Texas office in Austin, the Los Angeles-based firm announced Tuesday it is launching an office in Dallas with four partners from Norton Rose Fulbright. Leading the move to open O’Melveny’s Dallas office is Lou Strubeck, who led Norton Rose Fulbright’s global corporate bankruptcy and restructuring practice, and three other Norton Rose Fulbright partners. The Texas Lawbook has an exclusive interview with Strubeck about how the decision came about.
Thompson & Knight, Holland & Knight Partners Vote to Merge on Aug. 1
In one month and three days, there will be one fewer large full-service corporate law firm headquartered in Texas. Thompson & Knight, a 134-year-old law firm that has deep roots in the oil patch and represents some of the most important energy companies in North America, will officially merge with Holland & Knight on Aug. 1. Together, they will create the seventh largest corporate law firm operating in Texas, according to The Texas Lawbook 50.
SCOTX Refuses to Dismiss Houston Sex Trafficking Case Against Facebook
The Texas Supreme Court ruled Friday that some – but not all – allegations in three separate lawsuits brought against Facebook by three teenagers who say they were victims of sexual predators can move forward to trial Houston. Section 230 of the Communications Decency Act does not provide absolute immunity to internet providers such as Facebook in civil lawsuits when their own “misdeeds” are part of the allegation, justices said.
Erin Nealy Cox Joins Kirkland in Dallas
Several law firms recruited the former U.S. Attorney for the Northern District of Texas, who is a nationally recognized expert in cybersecurity, but Kirkland made it official Wednesday that she will become a partner in its government, regulatory and internal investigations group on Sept. 1.
Haynes and Boone Announces Associate Comp Increases
The number of law firms operating in Texas increasing annual salaries for associates continued to grow Tuesday. At least 19 firms with offices in Dallas, Austin and Houston are boosting associate compensation. The Texas Lawbook has the details.
Baker Botts, Gibson Dunn, Simpson Join Firms Hiking Associate Pay
Three corporate law firms operating in Texas – Baker Botts, Gibson, Dunn & Crutcher and Simpson Thacher – have joined more than a half-dozen other firms that are increasing the amount they pay associates. The Texas Lawbook will provide additional tales as they become available.
Akin Gump, Norton Rose Fulbright, Skadden Increase Associate Comp
More law firms that operate in Texas have announced that they are increasing associate salaries. A half-dozen other firms say they expect to follow suit in the next week. The Texas Lawbook has details.
V&E Increases First-Year Associate Salaries to $202,500
Houston-based Vinson & Elkins became the first Texas corporate law firm to hike compensation for younger attorneys. Other firms are expected to follow. Senior associates will now make about a half-million-dollars this year. The Texas Lawbook has the details.
O’Melveny Opens in Austin
The Los Angeles-founded law firm, which reported $835 million in 2020 revenues, is breaking into the Texas market with four energy lawyers from Thompson & Knight.