Fort Worth private equity firm TPG announced this week that it has agreed to acquire Learfield, a Plano-based media company that specializes in monetizing the intellectual property of college athletics.
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O’Melveny Adds SMU’s Laura Burstein as First Texas Pro Bono Counsel
After 12 years at SMU Dedman School of Law, where she built and led its public interest and pro bono programs, Laura Burstein has joined O’Melveny & Myers as its first Texas pro bono counsel.
Jury Bias Against Big Business is a Big Problem
The anticorporate juror now comes from all directions. Lawyers representing any sizeable business, not just the Fortune 500, must plan to counter this pervasive prejudice.
Where did this surge of intolerance come from? And what is the answer for a trial lawyer?
Carrington Coleman Strengthens AI/Technology Practice
Kate Morris and Russ Pearlman are beginning a new chapter after their firm Hosch & Morris has closed its doors.
“[Carrington Coleman] is a firm we both have long admired, and filled with lawyers we trust. We’re honored not only to join the firm, but to be so warmly welcomed into such good company,” Morris said.
Texas Lawbook 50: Despite Historic Demand, Law Firm Headcount Grows Slowly (Updated)
For the first-time ever, Texas has a corporate law firm with 500 attorneys working in the state. A second firm is just two lawyers shy of 500. Four law firms now have 400 or more attorneys and 11 have 200 or more business lawyers operating in Texas, according to new data research by The Texas Lawbook.
Even so, the number of business lawyers in Dallas, Houston, Austin and San Antonio is not growing fast enough to handle the increased demand for legal services from corporate clients.
Trial Begins Against 3M Over Deadly 2020 West Houston Explosion
For two hours Tuesday morning, 12 jurors and one alternate seated in a Harris County courtroom were told they would be determining who was responsible for a deadly explosion that rocked a West Houston neighborhood in 2020, claiming lives and damaging or destroying more than 450 businesses and homes. (2020 file photo by Melissa Phillip/Houston Chronicle via AP)
Parties Rest in Energy Transfer’s $432.7M Breach Suit
In a tag-team closing argument Monday afternoon, two attorneys representing a client facing a $432.7 million damages request by Energy Transfer told Business Court Judge Grant Dorfman the amount being sought is both unfounded and a drastic overreach.
Baker Hughes Sells Waygate Technologies to Swedish Firm for $1.45B
Houston energy technology company Baker Hughes has agreed to sell its Waygate Technologies business to Hexagon, a Swedish measurement technologies firm, for about $1.45 billion cash.
Use It or Lose It — Could AI Hurt by Helping?
The advent of AI is being billed as an upgrade on the scale of the Industrial Revolution. The legal industry appears to be digesting AI tools more comfortably every day. We nevertheless urge caution. Any new technology can have unintended side effects. Smartphones, for instance, devour our attention. We all knew watching too much TV was bad for us, but smartphones are like TV screens on steroids. Like the radio transmitter worn by Harrison Bergeron’s father in Vonnegut’s 1961 short story, smartphones displace deep thought.
AI could be worse.
Trial Begins in Breach of Contract Case Against Tellurian Founder
DENVER — What’s expected to be a five-day trial commenced Monday in U.S. District Judge William Martinez’s courtroom in the case between Chris Parker and Charif Souki over an alleged agreement not to sell Tellurian stock. The eight-member jury will decide whether a text message exchange is a binding contract.