An Austin jury found last week that the rideshare platform Lyft infringed one of Quartz Auto Technologies’ patents and awarded the company $1.05 million. Lyft, accused of infringing five patents, is calling the verdict a win.
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Citi Report: Texas Law Firms Hit Double-Digit Revenue, Profit Increases in 2025
Despite weak demand, a decline in productivity and lower hourly rate increases than the national average, corporate law firms based in Texas experienced major increases in revenue and profits per partner in 2025, according to a new report by Citibank’s Global Wealth Law Firm Group. Citi’s Michael McKenney said 2025 started slow for the business law community with fears about a federal government shutdown and other macro concerns but ended the year in record fashion.
Gibson Dunn Advises Exxon As Energy Giant Looks To Reincorporate in Texas
ExxonMobil announced Tuesday that its board seeks shareholder approval to change the company’s legal permanent home to Texas from New Jersey.
Gibson Dunn advised the company with a team led by Houston partners Gerry Spedale, Hillary Holmes and Tull Florey, as well as Washington, D.C., partner Ronald Mueller. Jeff Taylor is Exxon’s general counsel.
DLA Piper Adds Corporate, Securities Litigation Partner to Austin Office
Michael Biles, a corporate and securities litigation partner, has joined DLA Piper in Austin from King & Spalding. Biles will focus his practice on securities class actions, derivative lawsuits, and regulatory investigations and enforcement actions involving public companies, officers and directors.
Jury Trial Begins in Mesothelioma Case Against J&J
Dallas-based Dean Omar Branham Shirley, which has brought several cases against pharmaceutical giant Johnson & Johnson across the country, commenced its jury trial in Spokane, Washington, Monday morning. Jurors heard from the parties over whether the alleged asbestos in J&J’s baby powder caused Verna Richards’ life-ending mesothelioma cancer.
Litigation Roundup: Susman Gets FCA Case Against Lockheed Martin Revived
In this edition of Litigation Roundup, a divided panel of the Fifth Circuit sides with Susman Godfrey and undoes the dismissal of a qui tam False Claims Act suit against Lockheed Martin, and a former financial advisor is convicted of defrauding three NBA players, including two who played for Dallas and Houston.
Bexar County Jury Awards $175M to HouseCanary
San Antonio jurors deliberated for nearly three hours after a four-week trial in a trade secrets case that’s been litigated for a decade between HouseCanary and Amrock. The jury found Amrock misappropriated HouseCanary’s trade secrets and defrauded the company.
Shell Sells Jiffy Lube to PE Firm for $1.3B
Pennzoil Quaker State, the lubricants business of Shell USA, announced Monday an agreement to sell Jiffy Lube International to an affiliate of middle-market private equity firm Monomoy Capital Partners for $1.3 billion. Kirkland & Ellis provided counsel to Monomoy. Travis Torrence is head of legal for Shell USA.
AI Arms Race, Digital Infrastructure Revolution, Middle Market Producing M&A Super Cycle
The rapid expansion of AI is creating a “super cycle” in data centers, combining headline megadeals with a powerful but less visible middle‑market M&A surge in specialized infrastructure and services. Investors are racing to build and acquire hyperscale facilities, while private equity sponsors increasingly target mission‑critical providers in areas such as cooling, electrical, HVAC, plumbing and more to keep data centers humming around the clock. Legal advisors and their financial counterparts report increasingly sophisticated deal structures (and widely available capital) to support expansion and acquisitions.
CDT Roundup: Biopharma, Logistics and a $33B Take-Private Power Deal
For the week ended March 7, the CDT Roundup saw 13 deals with a total reported value of about $48.1 billion. Thanks to a $33.4 billion take-private deal for yet another power provider, that’s better than the 11-deal $7.3 billion clocked the week prior. And it’s far better than the seven-deal $2.2 billion week reported this time last year. That and more in this edition of CDT Roundup.