The 50 largest corporate law firms operating in Texas scored record revenues and profits in 2019, added more lawyers than ever before and started the first two to three months of 2020 on pace for even loftier heights, according to exclusive new data collected by The Texas Lawbook. While 2019 seems like such a long time ago, legal analysts say the financial health of Texas law firms in the 14 months leading into the COVID-19 and crude oil price crises is a clear indicator of how they will make it through the rough times ahead.
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Arnold Ventures’ Roxanne Almaraz – A GC doing ‘Personally Meaningful’ Legal Work
Roxanne Almaraz was four when she told her parents that she planned to be either a lawyer or a cardiothoracic surgeon. Thirty-five years later, she is the general counsel of a multibillion-dollar philanthropic and public policy-oriented LLC in Houston. Along the way, Almaraz worked on some major energy M&A transactions. This is her story.
Fifth Circuit Approves “Snap Removals” of Diversity Cases by Non-Forum Defendants
A new tool is now available for companies sued in Texas, Louisiana or Mississippi, thanks to a recent Fifth Circuit decision. Nicholas Sarokhanian of Holland & Knight explains.
CDT Roundup: 19 Deals, 14 Firms, 92 Lawyers, $9.5B
Last week was a big one for capital markets transactions, in spite of…well, everything. M&A? Not so much. In her weekly CDT Roundup, Claire Poole has names and numbers for the deals that kept Texas lawyers busy while they WFH.
Two Dallas Lawyers, One Ruling: SCOTUS Rules on Patent Review Issue
A decision issued Monday in the U.S. Supreme Court narrowed the scope of what can be appealed during an inter partes review of patent cases, providing some clarity to portions of the America Invents Act. The case originated in a Texas court and pitted two Dallas lawyers against each other at oral argument.
SCOTX Makes Moot Case Moot-er
The Supreme Court of Texas took the unusual step of vacating a lower court decision in an already moot case involving the Texas Education Agency. In a per curiam decision, the court said it wanted to avoid future “gamesmanship” on issues of public importance. Janet Elliott has the details.
Law Firms in Texas Beefed Up in 2019: Could They Have Picked a Worse Time?
Lawyer headcount for corporate law firms operating in Texas was stagnant for the past decade. But new Texas Lawbook 50 data shows that those same firms went on a relative hiring spree in 2019, adding more attorneys last year than they had during the previous four years combined. Analysts say the long-awaited growth occurred at exactly the wrong time. The Texas Lawbook has all the stats and comments.
Paul Hastings Brings Back Restructuring Lawyer, This Time as Partner
The move returns the Blank Rome attorney to his former firm, where he last served as counsel.
Austin Public Finance Group Joins Locke Lord
The hiring firm said the trio from Norton Rose Fulbright – including one partner and two senior counsel – positions it well for expected growth in the public infrastructure arena as the economy rebounds.
Doing More with Pro Bono – Making Laws and Inciting Change
Greenberg Traurig shareholder Elizabeth Hadley took on a pro bono project that was outside of her subject-matter expertise, but aligned with her training as a lawyer and a lobbyist. In this article, she shares how her efforts ultimately provided a pathway to clemency for survivors of human trafficking and domestic abuse who were convicted of crimes.