Free Speech, Due Process and Trial by Jury
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.
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.
Two large, corporate southern law firms – Dallas-based Winstead and Atlanta-based Troutman Sanders – are involved in merger discussions, The Texas Lawbook has learned.
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.
The Dallas litigation firm of Lackey Hershman has agreed to combine with Stinson Leonard Street.
(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.
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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