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Texas Lawbook 50 — The Beast

The Texas Lawbook 50 rankings by revenue debuted eight years ago this week. Vinson & Elkins topped the 2017 charts with $484 million in revenue generated by their Texas lawyers. They were followed by Baker Botts, Norton Rose Fulbright, Hunton Andrews Kurth, Haynes Boone and Jackson Walker. Ranked 11th in the chart was a relative newcomer to the state: Kirkland & Ellis, which reported $187 million in Texas revenue — double what the firm had reported a year earlier.

This week, the Lawbook 50 will unveil the top 50 firms that generated the most revenue in their Texas offices. Kirkland is not ranked 11th any longer.

CDT Roundup: Deals Pop, Dollars Drop in Mixed Week

For the week ended April 18, the CDT Roundup reported on 14 deals with a total valuation of just over $3.5 billion, and nearly half of that value came from one deal. The prior week had 10 deals reported with a total value of slightly more than $5 billion, while a year ago at this time, the Roundup reported on 13 deals valued at nearly $2.4 billion. While total deal volume is up of late, total values are muted somewhat by a number of deals reported sans financial terms.

That and more in this edition of CDT Roundup.

Dallas M&A Partners Join O’Melveny 

Ryan Gorsche and Katie Legband O’Brien, corporate M&A partners, have joined O’Melveny in Dallas from BakerHostetler, where they practiced in the firm’s mergers and acquisitions, private equity and venture capital groups. They will focus their practices on complex domestic and cross-border M&A transactions and private equity matters. 

The Texas Trio: Different Paths to Breakout Results

Three large corporate firms — all with deep Texas roots and Texas-sized offices. They are the second, third and fourth largest law firms operating in Texas by lawyer headcount. All three are in growth mode. All three reported record revenues and record profits in 2025.

Combined, Jackson Walker, Haynes Boone and Norton Rose Fulbright saw their 1,364 Texas lawyers generate a combined $1.53 billion in revenue last year — a 15 percent increase over 2024, according to new Texas Lawbook 50 data.

Leaders for the trio of firms say the first quarter of 2026 is off to another record start.

Founder of Houston O&G Company Owes $39M in Breach of Contract Trial, Colorado Jury Finds

DENVER — The eight-member jury unanimously found Tellurian founder Charif Souki breached a contract with an investor and awarded $39 million in damages after deliberating just over three hours on a snowy Friday afternoon. While the jurors found Parker prevailed on his breach of contract claim based on a 2019 text message exchange, they rejected his five other claims, including breach of a separate agreement, fraudulent inducement, unjust enrichment and promissory estoppel.

Chevron USA Wins Big at SCOTUS

The U.S. Supreme Court Friday decided that an environmental damages lawsuit in a Louisiana state court against oil and gas giant Chevron USA should rightly be removed to federal jurisdiction because of the company’s history as a vendor for petroleum products during World War II.

Chevron was represented by Paul Clement of Clement & Murphy. Plaquemines Parish was represented by Louisiana Solicitor General J. Benjamin Aguiñaga and Victor Marcello of Talbot, Carmouche & Marcello in Baton Rouge.

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