Twelve of the top 15 corporate M&A law firms operating in Texas did fewer deals during Q1 2020 than they did a year ago, according to new Mergermarket data. But the Corporate Deal Tracker shows the decline in deal activity for Texas lawyers started dropping a year ago. The Texas Lawbook has an in-depth look at the M&A deal work being done by lawyers in Texas.
Federal Judge Releases Ill Detainees on COVID-19 Concerns, Tells ICE: ‘We are living in unprecedented times’
U.S. District Judge Keith Ellison ruled federal courts do have habeas corpus authority to release migrant detainees when the conditions of their detention put their immediate health and life at risk. The decision is a huge pro bono win for Weil Gotshal lawyers in Texas, including Paul Genender (pictured above) who say there are other similar cases they might be pursuing.
SCOTX Tosses Highland Capital’s $211M Judgment against Credit Suisse, Upholds $40M
Any other day, a plaintiff would be thrilled that the Texas Supreme Court upheld a $40 million jury verdict in their favor. But Highland Capital is no ordinary plaintiff and its fraud case against Credit Suisse over a 2007 Las Vegas residential real estate project has been far from run-of-the-mill.
SCOTX: No Evidence Bill Brewer Acted in Bad Faith, Sanctions Reversed
Dallas trial lawyer Bill Brewer should not have been sanctioned by a Lubbock judge for conducting a survey or poll months before a trial because there “is no evidence” that the controversial attorney acted in bad faith or tried to improperly tamper with the jury process, the Texas Supreme Court ruled Friday.
GCs, Corporate Transactional Lawyers Lead American, Southwest Landing $9B in Gov’t Funding
Two dozen corporate lawyers at V&E and Latham worked feverishly for a few weeks with their respective clients at Southwest Airlines and American Airlines to secure billions of dollars in payroll relief funding from federal government. A senior in-house lawyer says the agreements are the most complex and important transactions for both airlines since 2014. The Lawbook has details.
Remember 2019? Texas Corporate Firms Scored Record Revenues, Profits – Why it Matters Now
The 50 largest corporate law firms operating in Texas scored record revenues and profits in 2019, added more lawyers than ever before and started the first two to three months of 2020 on pace for even loftier heights, according to exclusive new data collected by The Texas Lawbook. While 2019 seems like such a long time ago, legal analysts say the financial health of Texas law firms in the 14 months leading into the COVID-19 and crude oil price crises is a clear indicator of how they will make it through the rough times ahead.
Arnold Ventures’ Roxanne Almaraz – A GC doing ‘Personally Meaningful’ Legal Work
Roxanne Almaraz was four when she told her parents that she planned to be either a lawyer or a cardiothoracic surgeon. Thirty-five years later, she is the general counsel of a multibillion-dollar philanthropic and public policy-oriented LLC in Houston. Along the way, Almaraz worked on some major energy M&A transactions. This is her story.
Law Firms in Texas Beefed Up in 2019: Could They Have Picked a Worse Time?
Lawyer headcount for corporate law firms operating in Texas was stagnant for the past decade. But new Texas Lawbook 50 data shows that those same firms went on a relative hiring spree in 2019, adding more attorneys last year than they had during the previous four years combined. Analysts say the long-awaited growth occurred at exactly the wrong time. The Texas Lawbook has all the stats and comments.
Déjà vu – Bill Brewer Asks Judge to Disqualify Dorsey over Secret NRA Documents
One day after Ackerman McQueen sought to disqualify Bill Brewer from representing the National Rifle Association in a dispute, the NRA shot back with allegations of its own against lawyers for the Oklahoma-based advertising agency.
Lawyers: Bill Brewer Should be Disqualified from NRA Case for Ethics Reasons
Lawyers for Ackerman McQueen, the Oklahoma advertising agency that worked with the National Rifle Association for more than three decades, want the NRA’s top lawyer, Bill Brewer, booted from their heated litigation claiming he has ethical conflicts and is paid $100,000 a day. The NRA accuses AMc of fraudulent billing.