A dozen of the 17 Texas-based corporate law firms on The Texas Lawbook 50 generated more money in 2019 than they did the year before. Seven scored record high revenues. Some increased income more at their non-Texas offices. This year, however, the leaders at most of the Texas firms are just hoping they make 70-cents on last year’s dollar. The Lawbook provides an in-depth look at Texas firm finances.
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Steve Susman Struggling After Freak Cycling Accident
“He’s unconscious, but there are some promising signs,” says Susman Godfrey managing partner Neal Manne. “He’s got movement on both sides of his body, to the extent there’s some movement of arms and legs on both sides. That’s a good thing when you have a brain injury, obviously.”
Southwest Airlines Raises Another $6B
Three large capital markets transactions – plus last week’s $3.2 billion in funding from the federal government – bring the Dallas airline’s total cash haul to more than $9 billion.
Updated – COVID-19 and Texas Bar Exam Options: A First-Year Lawyer’s Take
On Wednesday, the Texas Supreme Court issued an order regarding the July bar exam. As the COVID-19 situation continues to unfold, Texas should continue to evaluate all available options, including those beyond the traditional bar exam process. Jenae Ward, a first-year associate at Weil, weighs in.
Another Dallas Restaurant Sues Insurer for Denied COVID-Related Claims – Updated
A Dallas-based restaurant group that bears a Seinfeld-inspired company name is the latest to sue its insurer over refusal to cover business interruption and property damage claims tied to the COVID-19 pandemic. Natalie Posgate provides the details.
Updated – Perkins Coie Names Austin Office Managing Partner, Adds Longtime In-house Counsel
Jose C. Villarreal, a trial lawyer who focuses on IP disputes, will lead the firm’s recently-opened office in the state capital. The firm has also added Dallas attorney John Trevino, a leader in the Texas Hispanic legal community.
Amicus Practice at the Texas Supreme Court
Amicus involvement has grown steadily in numbers and importance at the Texas Supreme Court, according to a five-year study by Haynes and Boone. This article examines the trends and sources of amicus filings at the state’s high court.
Law Firms’ M&A Deal Work Declines Significantly
Twelve of the top 15 corporate M&A law firms operating in Texas did fewer deals during Q1 2020 than they did a year ago, according to new Mergermarket data. But the Corporate Deal Tracker shows the decline in deal activity for Texas lawyers started dropping a year ago. The Texas Lawbook has an in-depth look at the M&A deal work being done by lawyers in Texas.
CDT Roundup: 8 Deals, 9 Firms, 36 Lawyers, $3.4B
The impact of the coronavirus on pending transactions may be overstated, according to one law firm, while new deals involving Texas lawyers slumped last week. Claire Poole reports.
Former GC Sues Ex-Employer Over WFH Request
Her lawsuit says a Collin County real estate firm fired Dallas lawyer Amy Reggio for complying with the county-wide shelter-in-place order.