One year ago, corporate law firms in Texas feared financial disaster as they faced the Covid-19 shutdowns. Instead, three-fourths of The Texas Lawbook 50 largest law firms operating in Texas had higher revenues in 2020 than in 2019. Two-thirds posted record revenues, including several based in Texas. Six law firms grew their Texas revenues by 30% or more. The new data shows Texas businesses facing crises relied on their lawyers more in 2020 than ever before.
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Komen GC Eunice Nakamura – ‘Wired to Be a Lawyer’
For the past year, Susan G. Komen Breast Cancer Foundation GC Eunice Nakamura has led a team of lawyers from law firms such as DLA Piper in fundamentally restructuring Komen through a series of 61 corporate transactions that brings Komen affiliates around the U.S. under the HQ’s full control.
At ‘Inflection Point,’ Holt Foster Joins Sidley Austin
After 26 years at Thompson & Knight, Holt Foster has joined Sidley Austin’s energy and infrastructure group as a partner in the Dallas office.
Baker Botts, Wachtell Advise on $17B Cabot-Cimarex Merger
Strategic combinations continue to be the theme of energy M&A in 2021 as Cabot and Cimarex announce plans to combine in an all-stock “merger of equals.”
7-Eleven’s Dawud Crooms Leads $21B Deal ‘Soup to Nuts’
It was a week ago Thursday at 11:30 p.m. Dawud Crooms’ cell phone buzzed. “There’s an issue holding it up,” the caller told the 7-Eleven senior counsel. It was the Dallas-based convenience store chain’s $21 billion acquisition of Speedway. “It’s not an M&A if something doesn’t pop up at the last minute that threatens the whole deal,” Crooms laughs. This is the story of Crooms, a 38-year-old Morehouse alum who worked with dozens of lawyers and bankers for more than a year through a pandemic from the bedroom of his four kids to get one of the biggest M&A deals of the year completed.
Q&A: Dawud Crooms
PREMIUM CONTENT The Texas Lawbook, visited with Dawud Crooms about his mentors, pro bono and public service involvement and how he selects outside counsel.
ASC Brings Together Women Lawyers in Dallas for Philanthropy and Networking
What started out with a group of attorneys organizing a luncheon to raise money for a local charity has grown over three decades, adding events and raising more than $5 million for its partnered nonprofits. It’s also become an important networking organization for the nearly 300 women lawyers who are members. Texas Lawbook correspondent Nushin Huq spoke with several of ASC’s key leaders about the organization’s influence and impact.
Kirkland Adds Corporate Partner in Austin Office
Kirkland & Ellis has added the former co-chair of Baker Botts’ private equity pillar as a partner in its all-new Austin office.
Forterra GC and Sidley Team Take ‘Holistic Approach’ in Winning $100M Earnout Dispute
Mergers and acquisitions that end up in high-stakes litigation are often about two issues: the fine print of the transaction agreement and the intent of the buyers and sellers. No one knows this more than Forterra GC Lori Browne, who spent the past six years battling the German company that sold the water and drainage pipe maker to private equity fund Lone Star for $1.3 billion on Christmas Eve 2014. Browne won the case and the 2020 DFW Outstanding Corporate Counsel Award for Business Litigation of the Year.
Q&A: Lori Browne
FOR PREMIUM SUBSCRIBERS Forterra GC Lori Browne spent six years battling the German company that on Christmas Eve 2014 sold the water and drainage pipe maker to private equity fund Lone Star for $1.3 billion. Texas Lawbook founder Mark Curriden had the opportunity to speak with Browne about what she looks for when hiring outside counsel, how her job evolved during those six years of litigation and what personal experiences have have most impacted her life.