Even the coronavirus and stay-at-home orders cannot contain the ever-hot Texas lateral market. Thompson & Knight announced Monday that three intellectual property trial lawyers – Phillip Philbin, Jamie McDole and Michael Karson – have joined the firm’s Dallas office as partners.
Legal Industry Experts: Law Firms Should Start Making Cuts Now
Gibson Dunn managing partner Rob Walters, fresh out of the hospital after testing positive with the coronavirus, has a unique perspective on the potential impact that COVID-19 and cheap oil prices could have on Texas law firms: “This will affect the entire legal industry [and] prove fatal for some fine businesses and law firms.”
Legal industry experts say corporate law firms across Texas should be more worried than they appear to be. Many need to cancel summer associate programs, tell new lawyers that they may not be needed this fall, start reductions in associate salaries and hold back partner draws. “It could get very bad and the Texas legal market will take an even bigger hit than others,” says an Altman Weil analyst. The Texas Lawbook provides an exclusive, in-depth report.
Dallas Trial Lawyer Trey Cox Jumps to Gibson Dunn
Gibson, Dunn & Crutcher is expected to announce that Trey Cox, a name partner at Lynn Pinker Cox & Hurst, is joining the firm as a partner in its trial section. Cox, who is married to Northern District of Texas U.S. Attorney Erin Cox, was a lead lawyer representing Purdue Pharma in litigation over the opioid epidemic in Oklahoma and had been with the Lynn Pinker law firm for 23 years.
Expert: TX Law Firms Face Financial Hits, Opportunities in Crisis
Corporate law firms in Texas are going to take a financial hit as a result of the one-two punch of the coronavirus and plunging oil prices, according to a law firm management expert. The crisis is also an opportunity for firm leaders to make significant changes, including giving underperforming partners the boot.
Challenges to Mainstreaming ESG in Financial Markets
Financial institutions have more tools at their disposal to effect change by driving environmentally conscious behavior across industries, while also meeting board and investor demands for increased volumes of sustainability-driven lending. The net effect of this paradigm shift will result in new sources of capital for environmentally beneficial projects and activities. This article explains why and how.
St. Louis Firm Expands into Texas with Four Dallas Litigators
Thompson Coburn has opened its sixth office nationwide with partners from Thompson & Knight and Hedrick Kring. The firm aims to grow to 40-plus lawyers over the next few years.
DBJ: Sheppard Mullin Doubles Downtown Footprint
Sheppard, Mullin, Richter & Hampton has doubled its footprint in downtown Dallas. The company recently expanded its lease at Chase Tower from 25,902 square feet to 51,804 square feet and