A handful of Texas-based corporate law firms are expected to decide this week whether they will increase compensation for first-year associates to $195,000 a year. The pressure to boost pay to younger lawyers intensified late last week when two national law firms with large presences in Texas – Kirkland & Ellis and Sidley Austin – announced raises. The Texas Lawbook has exclusive insider details.
Texas Law Firms Debate Big Raises for Young Associates
Hundreds of young lawyers working at large corporate law firms in Texas are monitoring industry insider blogs and texting their friends at cross-town rivals in hopes of learning if their pay is about to go way up. They may be waiting a bit longer than they expected. The Texas Lawbook provides an analysis into whether Texas law firms will or will not follow Milbank Tweed’s move to increase associate compensation.
Large Texas Corporate Law Firm in Merger Talks with Troutman Sanders
Two large, corporate southern law firms – Dallas-based Winstead and Atlanta-based Troutman Sanders – are involved in merger discussions, The Texas Lawbook has learned.

Reed Smith Opens in Austin, Expands in Houston with Team of NRF Lawyers
Two of the Norton Rose partners joining, Jeff Layne and Ben Koplin, will launch Reed Smith’s Austin office, which is the firm’s second office in Texas and 28th worldwide.
AmLaw 200 Firm Absorbs Dallas Litigation Shop To Open First Texas Office
The Dallas litigation firm of Lackey Hershman has agreed to combine with Stinson Leonard Street.
The Lawyer & the Recruiter: Katten Muchin’s Secret Plan to Conquer Texas
(May 17) – Dallas M&A lawyer Mark Solomon and legal recruiter Randy Block have two of their largest autographed baseball collections in North Texas. The duo are working together to build a corporate legal team of successful attorneys with books of business who seek a final destination for their final decade or two of practice. So far, so good. The Texas Lawbook peaks behind the curtain at Katten Muchin’s bold move into Texas.
OKC Law Firm Taps Ex-Strasburger Partner to Lead Dallas Outpost
A corporate M&A attorney who was a former lateral hiring partner at Strasburger has joined forces with a 70-lawyer Oklahoma City law firm to launch its Dallas office.
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