Bracewell, Arnold & Porter Snag Partners from King & Spalding
Houston trial attorney Abby Parsons was hired away by Arnold & Porter, while finance partner Susan Ormand Berry lateraled to Bracewell.
M&A Newsmaker: Katten’s David Washburn and the Anatomy of a Deal
David Washburn always felt "hardwired" to become a lawyer despite his father and others trying to sway him down different paths while growing up. "In what I now understand to be my dad's attempt to induce me to take another path, he gave me a copy of Gray's Anatomy when I started high school. The book bored me to tears," he said, noting it as a moment that further pushed him to pursue law.
CDT Exclusive Data: 2024 Top M&A Dealmakers in Texas
There are some new leaders atop the 2024 M&A scoreboard. Most of the regulars are there, as well as some fresh faces, according to The Texas Lawbook’s exclusive Corporate Deal Tracker. The CDT has two separate rankings for Texas-led transactions — deal count and deal value. Lawyers on both lists had an extraordinary 2024.
Perkins Coie Adds a Trio of M&A and PE-Focused Partners From Greenberg Traurig
Perkins Coie announced Tuesday that it is adding a group of three Texas-based partners, Kyle Fox, Richard Dusenbury and John-Paul Haskins, to its M&A and PE practice. The trio joins Perkins Coie from Greenberg Traurig, where each group member worked for at least five years, primarily serving clients within its M&A and PE practice group.
CDT Roundup: 12 Deals, 7 Firms, 149 Lawyers, $16.5B
In the doubtful case that dealmakers were getting too giddy for their own good, the folks at the London Stock Exchange (LSEG) have published their latest global scorecard on YTD deals in M&A and the capital markets. They should come with a warning: "Keep antacids close." They are presented without comment or explanation, so the CDT Roundup is serving them pretty much raw — but with a generous side-order of last weeks deals and the names of the lawyers who handled them.
Exclusive CDT Data: Capital Markets Dominated by Latham Last Year
Whatever else may have happened in the Texas-related capital markets during 2024, the deals they represented left behind some unnervingly easy math. As is true of most years, debt issues outnumbered equity offerings about 2 to 1. But that doesn't mean there weren't some interesting trends and transactions alongside the usual reshuffling of debt.
Hearst Adds Another Texas Newspaper to its Portfolio
Gannett announced Wednesday that it agreed to sell the Austin American-Statesman to media conglomerate Hearst, the owner of the Houston Chronicle and San Antonio Express-News.
Diamondback Energy Acquires Subsidiaries from Double Eagle for $4.1B
The cash and stock deal, advised by Kirkland & Ellis and Vinson & Elkins, comes a little more than a year after Diamondback's $26 billion merger with Endeavor Energy. It involves about 40 thousand acres near or adjacent to Diamondback's core holdings in the Permian.
M&A Newsmaker: Sidley’s Sara Garcia Duran Closes Deals and Opens Doors
Sara Garcia Duran never considered becoming a lawyer until she was asked to make a decision while on a student trip in high school. She thought about being a politician, but that option didn't sound terribly appealing. “I’ll go join the lawyers,” Duran said.
The M&A-focused partner at Sidley is pleased with her choice. Duran recently gave The Texas Lawbook an in-depth look into her journey and her experience as a woman working as a Texas dealmaker.
CDT Roundup: 12 Deals, 13 Firms, 134 Lawyers, $12.1B
The phrase "Drill, Baby, Drill," may be short code for the new administration's energy policy, but according to a recent analysis by S&P Global, don't expect the slogan to characterize the short-term CapX plans for major O&G producers. Stalled by stubborn market prices, fossil fuel production by the world's largest energy producer has plateaued for the moment, a situation that is likely to characterize all of 2025. The CDT Roundup takes a look at the numbers for the U.S. and Texas, as well as the usual summary of Texas-driven transactions reported last week.
Latham’s Gamechanging 15 Years in Texas: How The Firm’s Houston Office Wrote the Playbook for National Firms to Storm the State
The Houston office of Latham & Watkins had not been open for a year when Ryan Maierson experienced a significant realization. The office opened in February 2010, and as the year progressed, he and the other partners at Baker Botts began to marvel at how easily this "non-native" firm from Los Angeles integrated itself into Texas's established transactional law environment.
Other national firms had previously entered the Texas market. However, with Latham — the second most profitable law firm in the world — something felt different. In less than a year, Latham had achieved what no other national firm had managed to do: it instilled a sense of fear in the long-established Texas firms that had previously dominated corporate law in the Lone Star State.
Fifteen years later, this is the story of how Latham changed the game in Texas.
Exclusive Q&A: Why Houston M&A Powerhouse Stephen Gill Chose Skadden
When veteran Houston M&A lawyer Stephen Gill moved to Skadden last month, it was a seismic move on a national scale in terms of hiring skilled dealmaking talent. In this exclusive Q&A with The Texas Lawbook, Gill took some time to talk about trends, why the time was right to make the move to Skadden and more.
