Baker Botts, Haynes Boone, Bracewell and Vinson & Elkins employed employed 2,360 lawyers and generated nearly $2.9 billion in firmwide revenues in 2024. All four Texas-headquartered corporate law firms reported record revenues and record profits in 2024, according to the Texas Lawbook 50. The data also shows another interesting trend: All four are growing more than twice as fast in their offices outside of Texas than they are in their home state operations.
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Report: Judge Gilstrap Again the King of Patent Litigation
Patent infringement litigation has mostly been on the decline across the U.S. for the past three years, but not in the Eastern District of Texas, which has re-established its courts as the preferred destination for disputes regarding patent infringement. A new report by legal analytics firm Lex Machina shows that U.S. District Judge Rodney Gilstrap of Marshall was assigned 795 new patent lawsuits in 2024 — six times more than any other federal judge in the U.S.
Atma Kabad Moves from Kirkland to Gibson Dunn
While at Kirkland the capital markets partner worked with such clients as Orix, Marathon Oil, Kimmeridge Texas Gas and Omat Technologies.
V&E, Susman Godfrey Alums Launch Litigation Finance Firm
Lauren Harrison and Mani Walia have clerked for federal appellate judges, practiced at premier law firms and done pioneering work in the world of litigation funding. This week, the duo launched Signal Peak Partners, a Houston-based investment firm that customizes litigation financing, private credit solutions and monetization options for plaintiffs and their lawyers.
Diamondback/Viper to Acquire Sitio Royalties for $4.1B
The deal adds more than 25,000 royalty acres to Diamondback’s Permian inventory and cuts Viper’s dividend breakeven to under $20 per barrel WTI. Wachtell, Vinson & Elkins and Gibson Dunn advised on the deal.
Legislature Revives 25% Judicial Pay Hike After Frantic Negotiations
A longstanding statutory link between judicial pay and legislative pensions almost derailed a bill to increase district court judges’ salaries. Last-minute negotiations between the House and Senate led to an agreement to end the link by 2030. (File photo of Texas House Rep. Jeff Leach by Tony Gutierrez/AP)
Litigation Roundup: Intel Gets a Win in $3B VLSI Fight
In this edition of Litigation Roundup, a woman who alleges she was raped by the NBA’s Zion Williamson hires The Lanier Law Firm to pursue her claims in California court and two former high-ranking lawyers in Attorney General Ken Paxton’s office who launched their own firm are named as defendants in a lawsuit brought by a former coworker who alleges she was the victim of sexual harassment.
What Two Former Texas U.S. Attorney’s Office Heads Want Business Leaders to Know About DOJ Corporate Enforcement in 2025
The C-suite crowd seems to be letting out a collective sigh of relief at the dawn of a perceived era of decreased enforcement, while compliance officers worry aloud about their businesses moving resources to other parts of the company and letting up on their carefully cultivated “cultures of compliance.” We read the room differently, and we thought it important to share seven reasons why there has never been a more important time to keep your compliance frameworks in place and, if possible, provide even more resources to them.
Legendary Trial Lawyer H. Lee Godfrey Dies
In an announcement, the firm said he died following a long illness. In 1982, Godfrey joined his friend, Steve Susman, who launched his own firm two years earlier. Together, the pair built Susman Godfrey into a preeminent, commercial litigation boutique with a reputation for taking big cases on a contingency basis.
Fisher Phillips Hires Reed Smith Partner to be Regional Managing Partner in Houston
Fisher Phillips on Monday announced it has hired Reed Smith labor and employment partner Emily Harbison, who will serve as the firm’s regional managing partner in Houston.