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New data compiled by Mergermarket and The Texas Lawbook’s Corporate Deal Tracker shows continued shifts in the legal marketplace. Premier M&A legal practices continue to get more of the top dollar transactional work. A smaller group of full service firms are capturing the mid-market deal activity. Wall Street law firms continue to steal away the largest Texas M&A.

But the newest trend is that Texas-based lawyers are increasingly being hired by non-Texas companies to advise them on mergers, acquisitions and joint ventures.

The Texas Lawbook has the exclusive report on the law firms that are doing the most M&A work so far in Texas.

By extending into Dallas, the U.S. Patent and Trademark Office will better enable Texas attorneys to compete for business with their pricier counterparts in the Washington, D.C. area, experts say.

The Houston-based partner at Andrews Kurth was the lead legal adviser in more securities offerings than any other lawyer in Texas during the first nine months of 2015. And he was busy representing clients in the M&A market, too. The Texas Lawbook highlights O’Leary’s work this year and his insights on the current state of the market.

New data shows that M&A activity in Texas in has declined four consecutive quarters, but the deals that are getting done are twice as big and significantly more complex. Corporate lawyers and investment bankers now predict energy M&A could remain stagnant or plunge even more over the next year.

“This market is just brutal,” says Deliotte’s William Snyder. “There’s going to be prolonged pain.”

The Texas Lawbook’s Corporate Deal Tracker has every merger, acquisition and JV handled by Texas lawyers in 2015.

Houston-based Targa Resources Corp. has agreed to purchase its limited partnership, Targa Resources Partners (TRP), in an all-stock transaction valued at approximately $6.7 billion.

Houston-based Targa Resources Corp. has agreed to purchase its limited partnership, Targa Resources Partners (TRP), in an all-stock transaction valued at approximately $6.7 billion.

A team of Norton Rose Fulbright lawyers led by Brett Govett scored a take-nothing verdict late last week in Texas’s Eastern District for a patent infringement case involving reflective insulation products.

Lawyers for a 56-year-old Fort Worth air conditioning repairman severely burned while fixing a compressor are asking a Texas state court judge to uphold a multimillion-dollar judgment for their client. Clarence Johnson sued St. Louis-based Emerson Climate Technologies and Fusite for designing and selling the defective compressor that sprayed scorching hot oil on his face and torso causing him to suffer second-degree and third-degree burns on 62 percent of his body.