Free Speech, Due Process and Trial by Jury
According to his brother, famed Houston trial lawyer Steve Susman is showing new signs of progress after a freak bicycle accident left him comatose for 11 days. Terry Carter has an update and background on the accident.
As the Covid-19 crisis stretches on, law firms need a renewed focus on communication and culture. The managing partners of Sidley's two Texas offices weigh in and also discuss how the pandemic has changed lateral and talent recruitment.
There are seven middle market corporate law firms in The Texas Lawbook 50 in 2019 - down from nine a year earlier. They employed 721 corporate lawyers and generated $452 million in revenues. Some had record years. Others restructured. Legal industry analysts say these firms are a throwback to old-fashioned legal practices when lawyers were actually counselors for their business clients, and they might just thrive in this new crisis environment. Updated to include correction.
For the first time ever, Texas lawyers for national law firms made more money - $3.48 billion - than their Texas-based competition in 2019, according to new Texas Lawbook data. The 16 fastest growing corporate law firms in Texas during the past five years are all headquartered outside of the state. "We saw the writing on the wall," said Shearman's Hugh Tucker.
The court rejected the effort by a group of protestors to curb the coronavirus curbs by filing directly to the state's highest court. In rejecting In Re Salon a La Mode, et al. the court showed sympathy for both sides, but ordered them to begin their legal protest with the lower courts.
Carrington Coleman has a new managing partner this week: Monica Latin, who has been the firm's head of litigation. “We had an official passing of the torch Friday on an all-firm Zoom,” Latin told The Texas Lawbook in an interview Sunday. “We thanked Bruce [Collins] for his eight years of incredible leadership.”
A dozen of the 17 Texas-based corporate law firms on The Texas Lawbook 50 generated more money in 2019 than they did the year before. Seven scored record high revenues. Some increased income more at their non-Texas offices. This year, however, the leaders at most of the Texas firms are just hoping they make 70-cents on last year’s dollar. The Lawbook provides an in-depth look at Texas firm finances.
“He’s unconscious, but there are some promising signs,” says Susman Godfrey managing partner Neal Manne. “He’s got movement on both sides of his body, to the extent there’s some movement of arms and legs on both sides. That’s a good thing when you have a brain injury, obviously.”
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