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.
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.
When Women Own Their Firm
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.
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.
Preparing the Law Office for Return to Work with Design, Technology and Resilience in Mind
The overarching goal for the post-pandemic law office should be to create a place that fosters equity and consistency, is easy to use, focuses on people’s well-being and is resilient and sustainable long term for an elevated work experience, writes Gensler’s Faisal Naveed. In this article, he shares design principles that can help law firms achieve that goal and make the office a desired destination.
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.