Third-party financing can be an attractive option for commercial plaintiffs who want to press their claims while hedging risk and preserving capital. But many companies and their lawyers are not familiar with the process of securing litigation funding. In this piece, Eric Chenoweth and Priya Pai of Bentham IMF explain how to find and partner with a funder.
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Corp. Deal Tracker Weekly Round-up: 10 Firms, 67 Lawyers, 15 Transactions, $10.5B
Big Pharma and food distribution provided billable hours for Texas firms last week, but the rest of the week’s deals were still dominated by oil and gas. Claire Poole has the names and details, as well as the numbers, in her weekly report for The Texas Lawbook.
Three Lawyers & their Hispanic Heritage: Why Diversity Matters
These three lawyers telling their life stories a week after Hispanic Heritage Month ended emphasize the impact that racism has had on the legal profession and strength of many in the profession to succeed despite those obstacles. The Texas Lawbook is proud to provide you with this special series of articles from three of our readers and your professional colleagues.
AKK Corporate Lawyers Headed to Sidley – Updated
Chicago-based Sidley Austin has lured four key lawyers from the highly-regarded transactional practice at Andrews Kurth Kenyon. Their lateral movement comes at a critical time for Houston-based AKK, which has been in merger discussions with the East Coast firm, Hunton & Williams. The Texas Lawbook has the names and other details.
DBA: Dallas Women Lawyers’ Assc. gets Permanent Director’s Seat
The Dallas Bar Association’s board of directors voted unanimously Thursday to give a director’s position with full voting rights to the leader of the largest women’s lawyers organization in North Texas. DWLA President Dena Stroh said she “could not be more thrilled.”
Conduent Assc. GC Clay Scheitzach Named GC at DriveTime
Clay Scheitzach, a leading voice for corporate compliance in the Texas business law community, is leaving his post as associate general counsel at Conduent – formerly known as Xerox Business Services – to become the new GC at Tempe-based DriveTime. “This is a fantastic opportunity with an amazing management team and a company with an amazing culture,” he told The Texas Lawbook in an exclusive interview.
Mergermarket: Large Corporate Firms Dominate Top 2017 M&A Rankings for Texas Biz
Three law firms continue to dominate the top of the rankings for advising Texas-based companies in mergers and acquisitions. New data provided exclusively to The Texas Lawbook from the global research firm Mergermarket shows that 12 significantly increased the number of deals they’ve handled during the first nine months of 2017. The Texas Lawbook has complete details on the M&A rankings.
Corp. Deal Tracker Weekly Round Up: Six Transactions, 37 Texas Lawyers, $2B in Value
It was slim pickings in M&A and securities work by Texas lawyers this past week, with only six transactions reported involving 36 attorneys in-state and $2 billion in value. The Texas Lawbook has the details here.
Artificial Intelligence
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.
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.