The 54-lawyer firm is matching the first-year pay adjustments made last summer by more than a dozen much larger firms in Texas after New York powerhouse Cravath, Swaine & Moore – considered the precedent setter for BigLaw pay – announced that it would increase its first-year associate salaries to $180,000.
Norton Rose Fulbright Completes Acquisition of Chadbourne
The largest law firm in Texas has finalized a merger that significantly expands its operations in New York and Washington, D.C., and adds gravitas to its corporate mergers and acquisitions practice. Norton Rose Fulbright announced Friday that it has closed its combination with Chadbourne Parke, a 400-lawyer firm based in New York.
Tim Powers: ‘What Keeps Me Up at Night’
Haynes and Boone managing partner Tim Powers is navigating the 570-lawyer firm through turbulent and challenging times never before witnessed in the Texas legal market. Large, full-service corporate law firms in Dallas and Houston are simultaneously achieving historic financial successes and facing dire obstacles that threaten their very existence.
“To say that we are in a volatile market would be an understatement,” Powers says.
The Texas Lawbook Exclusive: Several Legacy & Nat’l Law Firms in TX Have ‘Best Year Ever’
In the annual ledgers of corporate law firms in Texas, 2016 was an excellent year. For more than a dozen law firms operating in the state, it was the best year ever. Twenty-nine of the 40 corporate law firms in The Texas Lawbook 40 survey increased revenues from their Texas operations. Half of those 29 law firms are headquartered outside the state. Fourteen law firms saw revenues in Texas jump by 10 percent or more. Nine of the 14 are firms based elsewhere.
In this in-depth article, The Lawbook looks at the financial data of 40 leading law firms operating in Texas.
Texas-based Firms Losing Lawyers to National Practices & Boutiques
Large Texas-based corporate law firms employed eight percent fewer business lawyers in 2016 than they did the year before.
Texas-based Firms Losing Lawyers to National Practices & Boutiques
Large Texas-based corporate law firms employed eight percent fewer business lawyers in 2016 than they did the year before.
Baker Botts Signs Long-term Lease in Dallas
An international law firm Baker Botts has decided to stay in its large office within Trammell Crow Center in downtown Dallas, with plans to rebuild its entire space within the skyscraper.
Headquarters? Law firms take the Fifth
What’s the one question law firms don’t want to hear? “In which city are you headquartered?”
Gibson Dunn IDs Two of Eight Lawyers for Houston Office
Latham & Watkins oil and gas partner Michael Darden and former Apache Business Development Manager Justin T. Stolte officially launched Gibson Dunn’s Houston office this week. Six more partners are expected to be announced later this month.
NY Firm Chadbourne Joins Norton Rose Fulbright Operations
Norton Rose Fulbright, which has its U.S. operations based mostly in Houston, announced Tuesday that it is “combining” forces with Chadbourne & Parke, a 400-lawyer firm based in New York. Chadbourne has no lawyers or offices in Texas. By adding Chadbourne under its umbrella, Norton Rose Fulbright grows to more than 4,000 lawyers in 58 offices spanning 32 countries, including more than 1,000 attorneys in the U.S.