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Deal Watch: Developer snags Air Force project
When a real estate developer dropped out of a military housing project in Texas, McKenna Long Aldridge partner G. Scott Rafshoon's client stepped into the void.Balfour Beatty Communities LLC last month closed on a $142 million deal to acquire a project to privatize housing at Lackland Air Force Base in San Antonio.Thompson & Knight Bumps Base for First- and Second-Year Associates
Thompson & Knight associates got some welcome news today as the firm announced it would join a number of other large Texas-based firms and raise associate base salaries. Effective Aug. 1, first-year associates in Thompson & Knight's domestic offices will be paid a base salary of $160,000 and second-year associates will earn $170,000.Tech's ex-GC criticized in NCAA report
When the NCAA stripped Georgia Tech of its 2009 ACC championship win over Clemson on Thursday, it announced that it had done so, in part, because the university-through the actions of its former general counsel, among others-had "failed to protect the integrity of the NCAA enforcement staff's investigation" in violation of NCAA rules.Deal Watch: McKenna aids biotech firm in stem cell expansion
With Big Pharma shifting emphasis from developing new drugs to inventing biotech products, such as stem-cell treatments, a client of McKenna Long Aldridge partner Michael J. Cochran appears well-positioned.Cochran and fellow McKenna partner David K. Brown just advised Osiris Therapeutics Inc. on an agreement to commercialize two of its adult stem-cell products.TEST: Number of Big-Firm Minority Lawyers in Austin Increases
Austin, Texas' largest firms continued to show gains this year in the number of minority lawyers employed. Of the almost 1,200 attorneys employed by the city's 26 largest firms, 126 -- or 10.6 percent -- are black, Hispanic, Asian or Native-American, according to figures compiled by the Hispanic Bar Association of Austin and the Austin Black Lawyers Association. That's up from 9.8 percent in 2001.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
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