Lynn Pinker is the latest litigation boutique to match the big law-induced associate pay hike started by Davis Polk earlier this summer.
The Texas Lawbook has long documented the battle between Texas corporate law firms and those that invaded the Lone Star state from across the country. The Lawbook has now conducted an analysis of the 11 out-of-state cities with multiple firms operating in Texas. It’s New York v. Chicago v. Los Angeles v. Atlanta v. Kansas City. While bigger may be better for many corporate law firms, roots are significant, too.
Out-of-state law firms generated nearly $4 billion in revenue from their Texas operations last year, which is more than the Texas headquartered firms made, according to new numbers from “The Texas Lawbook 50.” The exclusive data finds that 40 non-Texas firms are still increasing market share, as lawyer headcounts and revenue-per-lawyer rising at above-average rates in 2020. The Texas Lawbook has an in-depth analysis.
Weil Gotshal announced Monday that one of its New York bankruptcy partners, Gabe Morgan, is moving to the firm’s Houston office. The New York-based Weil is the latest large national corporate law firm to relocate partners and associates from their other offices to Texas due to the tight legal market where the demand for legal services has far outpaced the supply of experienced legal talent.
Yetter Coleman is the latest Texas law firm to join the associate salary hike launched last month by Davis Polk.
Four litigation boutiques — three based in Houston and one based in Austin — are the latest firms to match the Davis Polk associate pay scale for first-years.
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.
With the move, Longview-based Sorey & Gilliland is angling to accommodate and increase its patent litigation work as the Western District of Texas has become one of the busiest venues in the country.
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.
There are 13 law firms in Texas certified by NAMWOLF as woman-owned. While small in number, these firms represent an impressive roster of clients including Fortune 500 companies and large government agencies. Nushin Huq looks at the stories behind a few of those firms, as well as the women behind the stories.