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Akin Gump Leads Texas Firms in National Pro Bono Rankings
Akin Gump Strauss Hauer & Feld ranked the highest among Texas Am Law 200 firms on The American Lawyer's Pro Bono report.SEC: GC Part of "Egregious Fraud" at Dallas Energy Company
The U.S. Securities and Exchange Commission has accused executives at a Dallas oil and gas energy company, including the CEO and general counsel, of a "long-lasting and egregious fraud" that included spending investors' money at gentlemen's clubs.Thompson & Knight Ups Associate Base Pay
Dallas-based Thompson & Knight is the latest large Texas firm to increase base salaries for its U.S. associates.Haynes and Boone Increases Associate Salaries
Dallas-based Haynes and Boone announced raises for U.S. associates effective July 1, ranging from a $180,000 starting base salary to $325,000.K&L Gates' Partner Churn Continues, Plus More Lateral Moves
Amid more departures, K&L Gates seeks to grow; Akin Gump and Reed Smith hire from Winston & Strawn; Fox Rothschild reels in a leading Twin Cities litigator; and other notable additions from throughout The Am Law 200.IN BRIEF: Parents Offer Newtown Deal
The parents of two first-graders killed in the Sandy Hook Elementary School massacre are offering to settle their wrongful-death lawsuit against Newtown, Connecticut, and its Board of Education for $5.5 million each. Plus more in this week's column.Andrews Kurth Jumps on Salary Bandwagon
Houston-based Andrews Kurth is the latest large Texas firm to raise associate salaries to the new, higher market rate set by Cravath, Swaine & Moore.Locke Lord Raises Associate Salaries
Locke Lord will move to new $180,000 market base salary rate for beginning associates in large markets as of July 1 and increase to $155,000 in smaller markets.Bankrupt Former Billionaire Sam Wyly Fights to Keep his $9M Home
In his bankruptcy case, onetime billionaire and Texan Sam Wyly asked the court this week to exempt from the clutches of claimants, including the Internal Revenue Service, his annuities, his 401(k), his religious books and his $9 million-appraised Dallas home. Federal prosecutors, however, argue that because Wyly had been found liable in a New York federal court for securities fraud, he should not get to keep such a high-priced abode away from claimants.Trending Stories
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