In opening statements, defense lawyers for two huge construction-related companies blamed one another for the accident, which killed a 29-year-old woman in her apartment and injured others.
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Houston City Attorney Arturo Michel: ‘Do More with Less’
The son of Mexican immigrants, Arturo Michel grew up in Chicago, earned a degree from University of Michigan Law School, worked in San Antonio for the Mexican American Legal Defense and Educational Fund and then moved to Houston to work at Bracewell in its public law group for 18 years. Michel is now in his second tour as Houston City Attorney. The Texas Lawbook interviewed Michel about his biggest challenges, the current legislative session and what he seeks in outside counsel.
Katten’s Mark Solomon Reflects on Dallas Office’s Successes/Challenges at Five-Year Mark
In an in-depth Q&A with The Lawbook, Mark Solomon shares a few of the office’s major successes, identifies significant challenges facing the firm, surveys the lay of the land for deal activity and shares his favorite features of the new digs at PwC Tower. Plus, a windup about those damn Yankees as baseball returns.
Brookfield Buys Freight Provider Triton for $13B
The infrastructure giant, advised in part by Skadden’s Houston office, bets big on the continued strength of shipping at a time of supply shortages.
2023 Houston Corp. Counsel Award for Lifetime Achievement Goes to Sempra Infrastructure GC Carolyn Benton Aiman
Citing three decades of service to the Houston legal community, the Association of Corporate Counsel’s Houston Chapter and The Texas Lawbook announced Wednesday that Aiman will be the recipient of the 2023 Houston Corporate Counsel Award for Lifetime Achievement.
“I wanted to be a lawyer for as long as I can recall,” Aiman said in an interview. “From very early on I respected the importance of the rule of law and how it can make lives better. I understood that lawyers have influence and can bring change and can make things happen. I was, and I’m still, fascinated by how the law touches so much of our lives.”
CDT Roundup: 16 Deals, 9 Firms, 173 Lawyers, $8.95B
Since the fall of Silicon Valley Bank, many eyes have been on the start-ups that became its raison d’etre. Unfortunately, those eyes have also been on wallets and purse strings, as a new Crunchbase study shows. Venture capital investments for Q1 2023 are down over the same period last year. Moreover, they’ve been trending down for each quarter since last year. The CDT Roundup takes a look at the numbers, as well as the M&A and CapM deals reported last week. There’s some good news in there — somewhere. You just have to look hard for it.
Using ESOP, Family Foundation and Family Ownership to Successfully Transition a Family-Owned Business
There are more than 20 million family-owned businesses in the U.S. Very few family businesses successfully transition from one generation to the next. This article compares the “old technique” to the “new technique” of transitioning a family business.
How Covid Has Left the Road to Arbitration Full of Potholes
With courts looking to offload their pandemic dockets, which in some instances face yearslong backlogs, virtual hearings in arbitration have dramatically increased. While these hearings are undeniably convenient, attorneys should be very leery before heading down the path of arbitration in the age of virtual hearings.
Litigation Roundup: Citgo Hires Defense in $100M Suit, Landry’s Files TM Suits
In this edition of Litigation Roundup, Citgo Petroleum hires defense attorneys in a $100 million Citgo 6 lawsuit, a litigation funder says a Philadelphia firm owes $13.4 million and a former county attorney gets indicted on public corruption charges.
The Big Three in Texas: Different Journeys, Different Results, Still Big
For half of a century, the Big Three dominated Big Law in Texas like GM, Ford and Chrysler ruled Detroit. Every Texas law school graduate wanted to work at Baker Botts, Fulbright & Jaworski or Vinson & Elkins. Rookie lawyers hired by the Big Three retired there. Two-dozen years ago, the Big Three had roughly the same number of lawyers and nearly identical revenues in their home state. Each faced monumental headwinds and threats to their very existence.
The Big Three survived, though they look a lot differently today than they did in 1998. Baker Botts, Norton Rose Fulbright and V&E remain among the Texas Lawbook 50’s top five largest law firms, though the gap between them in revenues and profits is widening.