The firms have announced their new partnership classes for 2025, which includes 20 lawyers in Texas. So far, 18 corporate law firms have announced the names of 98 new partners.
BakerHostetler Will Ring in New Year with a Texas Expansion
BakerHostetler announced Tuesday that it will kick off 2025 in style by opening its 18th office nationwide and its third in Texas, which will include adding ten transactional lawyers from Locke Lord, including longtime partner Cynthia Bast, who will lead the new office.
Hilda Galvan Seeks to ‘Leverage Experience and Passion to Drive Meaningful Change’
For three decades, Hilda Galvan has established herself as one of the most successful IP litigators in the U.S. and a highly respected leader in the legal profession. She has won huge cases for IBM, Charles Schwab, OnStar, Motorola and Compass Bank. After nearly three decades at global legal giant Jones Day — including a decade as the managing partner of its Dallas office — Galvan has decided to step away to “seek new opportunities to make an impact.”
“I plan to dedicate my efforts to consulting with technology startups, joining corporate boards and deepening my involvement in nonprofit boards and community engagement,” Galvan told The Texas Lawbook. “This allows me to leverage my experience and passion in ways that will drive meaningful change.”
The 2024-25 Partner Promotion Announcements Have Begun
’Tis the season of law firm partner promotions. Between October and February, dozens of corporate law firms officially announce the associates and counsel that they are promoting to equity and nonequity partners. Most of the announcements are made in December. The Texas Lawbook’s Mark Curriden has the details on the latest announcements.
Citi: Texas Firms Experiencing Headcount, Revenue Growth So Far in 2024
Texas-based corporate law firms experienced strong headcount, demand and revenue growth during the first nine months of 2024, according to new Citi Law Firm Group data provided to The Texas Lawbook. The dozen or so law firms headquartered in Texas increased their year-over-year lawyer headcount during the first three quarters by three percent, compared to 1.3 percent for firms nationwide. Those firms grew equity partnership by 2.2 percent, which compares to zero percent nationally, according to Citi’s exclusive data.
2024-2025 Partner Promotions
The Texas Lawbook tracks promotions to partner by law firms in Texas. Promotions for the 2024/2025 class have started and are available to subscribers in a searchable database that will update as new Texas-based partners are announced.
November 14 — The Day Fulbright & Jaworski Changed the Texas Legal Landscape Forever
Fulbright & Jaworski was the biggest of the Big Three in Texas a dozen years ago. For the past century, Fulbright, Baker Botts and Vinson & Elkins reigned as the masters of corporate law in Texas. Lawyers at the trio didn’t need to do much business development because clients rushed to their offices when they needed big-time help. Fulbright and her two sister firms — all headquartered in Houston — represented Texas’ biggest businesses and wealthiest citizens. Each employed about 700 attorneys, and they reported roughly the same revenues and profits. The best students at all the Texas law schools prayed one of the Big Three would extend them an offer. Lawyers joined Fulbright and stayed until they retired. Even as national law firms dipped their toes in the Texas legal market waters, leaders at the Big Three swore they would never merge. Texas forever.
Then came Nov. 14, 2012. And everything changed.