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Lawbook 50 — The Texas Magnificent Seven

Seven corporate law firms operating in Texas witnessed extraordinary growth in 2024. The Texas version of the Magnificent Seven far outpaced their competitors by increasing Texas headcount by 24 percent in 2024 and Texas revenue by an astonishing 42 percent, according to The Texas Lawbook 50, which documents the annual Texas headcount and revenues of business law firms. Three of the Tex Mag Seven were founded in California, three in New York and one in Chicago. All seven firms achieved record-high revenues in 2024.

Litigation Roundup: En Banc Fifth Circuit Decides to ‘Unweave Weaver’

In this edition of Litigation Roundup, we detail two recent Texas Supreme Court rulings defining the contours of the Texas Citizens Participation Act, the whole Fifth Circuit unites to overturn a 45-year-old binding precedent in a lawsuit between a Houston plaintiffs firm and a former associate, and in another Fifth Circuit ruling, a panel upholds a $26.5 million award for a man injured in a collision with a letter carrier, writing that it wouldn’t “manufacture inequity, uncertainty, and arbitrariness” by adopting arguments presented by the Department of Justice in that case.  

Defying Political Backlash, Susman Godfrey Expands Diversity Scholarship Amid Legal Battle with Trump Administration

Amid growing political pressure and legal threats from the Trump administration, Houston-based law firm Susman Godfrey is expanding its diversity scholarship program for law students of color. The firm announced it will increase both the number of recipients and the award amount for its annual Susman Godfrey Prize, despite accusations from federal officials that its diversity efforts violate discrimination laws.

Kirkland is Texas’ First Billion-Dollar Law Firm

Kirkland & Ellis has become the baseball Hall of Famer Bob Gibson of corporate law firms — fiercely competitive and dominant, despised and envied by opponents and outrageously successful. Entering its second decade with offices in Texas, Kirkland achieved a new high in 2024 that even its Texas leader, Andy Calder, never conceived they could accomplish.

Lawbook 50: Eight Firms — All Texas, All the Time, All Profitable

Kelly Hart, Porter Hedges, Jackson Walker and five other law firms tracked by the Texas Lawbook 50 are 98 percent Texas operations with only a handful of lawyers outside the state. All eight law firms hit record highs last year in revenues and profits, and they are growing revenue and headcount at the same pace as the mega corporate firms that surround them. This gang of eight generated $1.046 billion in revenue in 2024 — up nine percent from the prior year, according to Lawbook 50 research. “We had another record-breaking year in 2024 — beyond what we reasonably expected,” Porter Hedges co-managing partner Joyce Soliman told The Lawbook.

Sarah T. Hughes Diversity Scholarship on Pause, Bar None Fundraiser Canceled

The Sarah T. Hughes Diversity Scholarship, which has supported law students in Dallas for more than four decades, has been put on hold, prompting the cancellation of the Bar None fundraising event. This suspension comes amid uncertainty brought on by the Trump Administration’s various executive orders impacting diversity initiatives across the country.

Houston Crane Co. Slammed with $640M Verdict Over Construction Site Fatality 

Jurors in Harris County this week awarded the family of a man who was killed at a construction site a total of $640 million, most of which came in the form of a whopping $480 million assessment of punitive damages against Houston-based TNT Crane & Rigging.  A day before the jury assessed punitive damages, counsel for TNT had asked the court in an emergency motion for a mistrial, dismissal of the punitive damages phase of trial and sanctions against plaintiffs counsel, Tony Buzbee.

Judge Signals Final Ruling in Favor of Conservative Group in Southwest Airlines Student Travel Program Suit

A federal judge in Dallas alerted lawyers in an opinion and order Wednesday of his intention to enter final judgment in favor of Edward Blum’s American Alliance for Equal Rights, awarding them one cent in nominal damages and legal fees in a lawsuit against Southwest Airlines. The case challenged a now-shuttered program that provided free flights to low-income Hispanic students, which the group claimed was discriminatory. The judge opined that Southwest’s “unconditional surrender” justified ending the case without ruling on the merits.

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