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Texas Pulse
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Law Firms See Revenue Soar Amid Rate Hikes
Law firm revenue soared by 9.5% during the first quarter of 2024, buoyed by a nearly comparable hike in billing rates compared to the similar period in 2023, according to a new report from Wells Fargo's legal specialty group.
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CLO, Execs Ousted From Orthopedics Co. Seek Arbitration
Three executives, including a chief legal officer whose alleged "repeated inappropriate and offensive conduct" led to his firing by spine and orthopedics company Orthofix Medical Inc. last year, have launched wrongful termination arbitration claims in California seeking severance payments and damages.
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Willkie Lands Akin Gump M&A Pro In Houston
Willkie Farr & Gallagher LLP is expanding its Texas team, announcing Wednesday it is bringing in a mergers and acquisitions pro and energy expert from Akin Gump Strauss Hauer & Feld LLP as a partner for its Houston office.
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Akerman Taps Litigators To Lead Chicago, San Antonio Shops
Akerman LLP has selected two litigation partners to helm firm offices in San Antonio and Chicago.
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Kirkland Rips 'Tortured' Theory In Texas Judge Romance Suit
Kirkland & Ellis LLP's inclusion in a Texas federal suit accusing it of conspiring with Jackson Walker LLP, a disgraced Texas bankruptcy judge and a former Jackson Walker partner who was his romantic partner to oust a CEO is based on "a tortured theory" and "flimsy facts," the firm declared.
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Match Group's Ex-Legal Chief Earned $7M In 2023
Online dating giant Match Group's former chief business affairs and legal officer, Jared Sine, who left the company to join GoDaddy in March, earned around $7 million in compensation last year, according to a recent U.S. Securities and Exchange Commission filing.
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Toyota's New Leadership Structure Adds Duties For Execs
Toyota Motor North America has announced executive leadership changes, including adding duties for an ex-Morgan Lewis & Bockius LLP attorney who has been with the company for more than a decade.
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Texas Bar Picks Next Prez-Elect And OKs Ethics Rule Changes
State Bar of Texas members have chosen a San Antonio-based financial litigator as their next president-elect and approved a dozen amendments to Lone Star State attorney ethics rules, according to election results announced Tuesday evening.
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Yoga Lawyer: A Way of Being In The (Legal) World
More than a decade ago, a stressful job and a pile of physical ailments prompted attorney Cindy Pensoneau to take a deep dive into yoga. Today, she continues to work as both a lawyer and as a yoga teacher, illustrating the growing role that the ancient mind-body practice can play in improving attorney mental health.
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GCs Help Companies Close The Gap On Mental Health Efforts
While they wait for their companies to implement more wellness policies that reach the root causes of employees’ stress and burnout, some general counsel and chief legal officers are filling the gap to help their law teams feel more supported.
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Here's Why This GC Went Public With Her Bipolar Diagnosis
Kelly Rentzel, who has held several general counsel positions throughout her career, largely credits her law degree for giving her the confidence to talk publicly about her bipolar diagnosis — which is something she had contemplated for two decades before taking the initial steps that ultimately led her to a lectern.
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Womble Bond Promotes UK Partner To Innovation Chief
Womble Bond Dickinson in the U.K. has elevated partner and head of innovation Sam Dixon to chief innovation officer, the transatlantic law firm announced earlier this week.
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Texas Appeals Panel Keeps Court Reporter's AI Case Alive
An Austin, Texas, appeals panel on Tuesday kept alive a court reporter's attempt to pursue an administrative complaint against an artificial intelligence-powered "digital reporting firm," rejecting a state agency's argument that jurisdictional issues block the court reporter from seeking a writ of mandamus compelling the agency to consider her claims.
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A&O Shearman Faces Challenge To Unify Distinct Markets
As the newly combined Allen Overy Shearman Sterling launches Wednesday, so far the signs are that the biggest merger in the sector in a decade may leave two distinct markets operating on either side of the Atlantic.
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Atty Wants Out Of 'Coup' Suit Over Judge Romance
The former Jackson Walker LLP attorney whose secret relationship with a Texas judge ignited an ethics scandal wants out of a racketeering suit accusing her of "orchestrating a coup" in a bankruptcy case, calling the suit a "dubious" attempt to blame her for an ex-CEO's "disastrous" mismanagement of his family business.
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ABA Knocks Down 'Implausible' Data Breach Class Action
The American Bar Association members suing the organization over a data breach have not identified any security measures the ABA failed to take, a New York federal judge said Tuesday when nixing what the organization called the members' "implausible" proposed class action.
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Squire Patton Taps Leader For New Insurance Disputes Group
Squire Patton Boggs LLP has created a new practice that brings together its long-standing dispute work for insurance companies, naming a partner who represents some of the largest U.S. insurance companies to lead the new practice, the firm said Tuesday.
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Return To Office Poses Pitfalls For Atty Mental Health
As a therapist specialized in treating lawyers, Stacey Dougan hears a lot about law firm politics, addiction and the career's overwhelming demands. But lately, her clients have been bringing up a new source of anxiety: returning to the office.
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Mid-Law Not Immune To Structural Mental Health Challenges
Despite the common narrative that lawyers can trade higher pay for better well-being and work-life balance by moving to smaller firms, experts say that Mid-Law firms are generally facing the same industry pressures that contribute to long hours, stress and poor attorney mental health.
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Ethics Probes Take Mental Toll On Solo, Small Firm Attorneys
Facing a disciplinary complaint can take a toll on any attorney’s mental health. But for solo practitioners and small firm lawyers, who typically juggle all aspects of their business from handling client matters to administrative tasks like managing trust accounts, it can threaten to upend their lives.
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Sorrels Law Adds Ex-BigLaw Litigator From Solo Shop
Texas personal injury firm Sorrels Law announced Tuesday that it has brought on a partner in Houston who has a BigLaw background and most recently operated a solo shop.
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A&O Shearman Names UK And US Managing Partners
Allen & Overy LLP and Shearman & Sterling LLP named on Tuesday the partners set to lead the soon-to-be merged A&O Shearman for the U.S. and U.K. markets.
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Kirkland Adds 2nd Funds Group From Goodwin This Year
Kirkland & Ellis LLP has hired a group of four attorneys specializing in investment funds from Goodwin Procter LLP, the firm said Monday, following its addition of five investment funds lawyers from the same firm in February.
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The Best Therapy For Lawyers, According To Ex-Lawyers
Attorneys-turned-therapists say no one understands the stresses of being a lawyer like another lawyer. They also say their clients sometimes struggle at first with treatment that prioritizes feelings, mindfulness and even body awareness over the intellectualizing and rationalizing that make them successful at their jobs.
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How Dechert's Culture Helped Its SF Leader Forge Resilience
When his 2-month-old daughter was hospitalized with a potentially fatal condition, Dechert partner Jonathan Stott leaned on firm mentors and colleagues for strength. Now, as managing partner of the firm's San Francisco office Stott is on a mission to pay it forward and continue fostering a supportive and resilient office community.