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May 02, 2024 | Texas Lawyer

After 2 Years of Increases, Partner Promotions Slowed at Texas Law Firms for 2024

The 25 firms with the most lawyers in Texas promoted 19.3% fewer lawyers to partner in 2024, compared with 2023.
2 minute read
Int'l Constr. Prod., LLC v. Caterpillar Inc.
Publication Date: 2024-04-29
Practice Area: Antitrust
Industry: E-Commerce | Manufacturing
Court: U.S. District Court of Delaware
Judge: District Judge Andrews
Attorneys:
For plaintiff: Matthew D. Stachel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; William A. Isaacson, Amy J. Mauser, David E. Cole, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, D.C. for plaintiff.
For defendant: David J. Baldwin, Peter C. McGivney, Berger Harris, Wilmington, DE; Joseph A. Ostoyich, Danielle Morello, Clifford Chance LLP, Washington, D.C.; Paul C. Cuomo, Heather Souder Choi, Adam Dec, Baker Botts LLP, Washington, D.C. for defendants.
Case number: 15-108-RGA

Sherman Act violation claim failed under the rule of reason where plaintiff failed to present sufficient evidence to define the relevant geographic or product market, but removal of plaintiff's products from a website, which hampered its ability to compete, was sufficient evidence of refusal to deal.

April 24, 2024 | New York Law Journal

Supreme Court Confirms 'Pure Omissions' Cannot Support Securities Fraud Liability

In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court held that "pure omissions" are inactionable under Section 10(b) of the Securities Exchange Act and its enabling rule, SEC Rule 10b-5.
9 minute read
Forshee v. Moulton
Publication Date: 2024-04-22
Practice Area: Civil Appeals | Contracts | Legal Malpractice
Industry:
Court: Court of Appeals
Judge: Justice Jewell
Attorneys:
For plaintiff:
For defendant:
Case number: 14-22-00781-CV

Appellant owned and operated a property management company and executed a series of contracts with Schnur and Anderson that essentially merged their businesses and formed a new entity to solicit new investors to purchase additional properties.

April 16, 2024 | Texas Lawyer

Susman Godfrey Jumps to Am Law 100 Ranking, Joining 5 Other Homegrown Texas Firms

Four of the six homegrown Texas firms posted higher revenue in 2023, compared with the prior year, moving up in the Am Law 100 rankings.
2 minute read
Law Journal Press | Digital Book State Antitrust Law Authors: William T. Lifland View this Book

View more book results for the query "Baker Botts"

April 16, 2024 | Texas Lawyer

Meet the Law Firms Behind the Major Gasoline Antitrust Class Action

In effect, the defendants' cartel is a "per se unlawful restraint of trade" under state antitrust and competition laws, the complaint alleges.
4 minute read
April 16, 2024 | National Law Journal

Meet the Law Firms Behind a Major Gasoline Antitrust Class Action

In effect, the defendants' cartel is a "per se unlawful restraint of trade" under state antitrust and competition laws, the complaint alleges.
4 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read

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