Companies in Texas and beyond are increasingly adopting AI to drive innovation and production. The value of the AI market could top a staggering $46 billion by 2020, according to one estimate. This article from lawyers at Jones Day explains what corporate legal and compliance teams should know about the risks and opportunities associated with AI.
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Q3 2017 Texas M&A: Deal Count Drops, Deal Value Jumps
Third quarter mergers and acquisitions involving Texas companies dropped to the lowest point in four years, according to the research firm Mergermarket. Thanks to a handful of large-dollar deals, transactional value jumped 39 percent in Q3 compared to earlier periods in 2017. The Texas Lawbook has the data.
Houston Chronicle: Lake Conroe Dam’s Release Leads to Flood of Litigation
Lake Conroe dam officials released 106 billion gallons of water into the West Fork of the San Jacinto River in the aftermath of Hurricane Harvey, resulting in the flooding of thousands of homes in Montgomery and northern Harris County. Hundreds of those property owners have filed lawsuits demanding the San Jacinto River Authority be held accountable. (Subscription required).
O&G consolidation forecast: “It’s going to be good for bankers and lawyers.”
A crowded field of investors, sticky oil prices and the return of investor activism have set the stage for a glut of consolidation in the oil and gas sector, predicts a major investment adviser. Lawyers and bankers need to sharpen their pencils. Claire Poole has the details in The Texas Lawbook.
Al Hill Jr. v. Gregory Shamoun: SCOTX Reviews a $48,000 an Hour Legal Fee
Al Hill Jr. v. Al Hill III has spawned more than 20 lawsuits involving the heirs of oilman H.L. Hunt over the past decade. This week, the Texas Supreme Court heard arguments by Al Hill Jr. challenging a $7.25 million fee award to Gregory Shamoun for his role helping to resolve the litigation.” The case also pits Fifth Circuit nominee James Ho against former Texas Chief Justice Wallace Jefferson before a court that includes Justice Don Willett, who is also headed to the Fifth Circuit. The Texas Lawbook has the details.
Merger Mania – Are Texas Law Firms Catching the Fever?
Once a month, corporate law firm leaders in Texas get a phone call or a visit from competitors headquartered outside the state – sometimes across the ocean – interested in
Atlanta Law Firm Opens Second TX Office in Houston
Kilpatrick Townsend is launching a Houston office with a 13-lawyer team from Coats Rose.
Winston Adds Another Partner from Fish in Dallas
Scott Thomas reunites with Tom Melsheimer and other former colleagues.
Barnes & Thornburg Grows Dallas Corporate Practice – Updated
John Dickey was most recently with Polsinelli.
Kelly Hart Partner Cheryl Leb Recognized by The National Diversity Council
Leb has been named one of the Top 50 Women in Law in Dallas by the organization.