AmLaw 200 Firm Absorbs Dallas Litigation Shop To Open First Texas Office
The Dallas litigation firm of Lackey Hershman has agreed to combine with Stinson Leonard Street.
Free Speech, Due Process and Trial by Jury
The Dallas litigation firm of Lackey Hershman has agreed to combine with Stinson Leonard Street.
(May 17) – Dallas M&A lawyer Mark Solomon and legal recruiter Randy Block have two of their largest autographed baseball collections in North Texas. The duo are working together to build a corporate legal team of successful attorneys with books of business who seek a final destination for their final decade or two of practice. So far, so good. The Texas Lawbook peaks behind the curtain at Katten Muchin's bold move into Texas.
A corporate M&A attorney who was a former lateral hiring partner at Strasburger has joined forces with a 70-lawyer Oklahoma City law firm to launch its Dallas office.
Chicago-based Katten Muchin Rosenman announced Wednesday that it has added five new lawyers to its young Dallas office, including former U.S. District Chief Judge Jorge Solis of the Northern District of Texas. Katten opened its Dallas office in February and now has 19 lawyers in multiple practice areas. The firm also has 11 attorneys in Houston and four in Austin.
Neither Akin Gump and Norton Rose Fulbright are headquartered in Texas any longer, but they boast deep roots in the state and are among the largest law firms operating in Texas in terms of revenues and lawyer head count. Both firms topped $1 billion in firm-wide revenues in 2017. To be sure, they are quite different law firms with widely divergent stories.
Gray Reed, Jackson Walker, Thompson & Knight and Winstead are ignoring the overwhelming trend to go national and are focused almost entirely on Texas. The strategy, they say, is good business, good for clients and good for the legal profession. Their success may come down to one question: Can they hire and retain talented lawyers in key practice areas who are satisfied making several hundred thousands dollars a year in compensation instead of millions of dollars a year?
Amid all the fuss and flurry of national corporate law firms opening new offices in Texas and spate of major mergers, some simple facts are frequently overlooked.
By Mark Curriden (May 2) – Kirkland & Ellis, Sidley Austin and Winston & Strawn waged a century-old battle to dominate the Chicago corporate legal community. Now, they are facing off in Texas. War chests have been opened. Firm leaders have nearly unlimited budgets. Multimillion-dollar, multi-year guarantees have been offered and big name lawyers jumped. And all three say they are just getting started. The big investment in Texas seems to be paying off.
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