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Number of Lateral Hires at Large Firms in Texas Increased in 2006
Lateral hiring at large law firms in Texas increased by 6.2 percent in 2006, compared with 2005, according to a survey by Texas Lawyer. Reporting firms employed a total of 5,172 attorneys in Texas on Jan. 1, 2006, with 2,422 of them partners. The attrition rate, a measurement of the number of attorneys leaving a firm, was 13.1 percent -- almost the same as the 12.9 percent attrition rate reported for 2005. "Firms have been going crazy trying to expand," says recruiter Robert Rowland.Some Texas Associates Find 2004 to Be a Very Good Year
A number of large Texas law firms have distributed or plan to distribute discretionary associate bonuses for 2004 that far exceed -- in some cases by more than double -- the bonuses paid in 2003, according to a survey of the 25 largest firms in Texas. Some firms are paying higher bonuses due to higher revenues; others are competing with the bonus amounts distributed in the New York market.Summer Associates Tell Firms What They Really Think
Summer associates in Texas rated their firms in the Texas Lawyer Survey. Respondents in the state's 25 largest firms weighed in on things such as whether the assigned work was interesting; how much real work was assigned; training and guidance; partner and associate interaction; how the firm communicated its goals and expectations; how accurately it portrayed itself during their interview -- and their inclination to accept a full-time position at their firm.Lateral Hiring Increases at Big-Tex Firms in 2003
According to the 19 firms that participated in Texas Lawyer's annual Lateral Hiring Survey, the numbers for 2003 show a slight improvement in hiring compared with 2002: Lateral hiring increased, the total number of attorneys at the firms increased and the attrition rate slightly decreased.Courts Buckle Down on Airline Liability for Turbulence
It is unlikely that a Texas court following the law would allow a claim solely for a passenger's emotional distress during a turbulent flight.Enforcing Foreign and Nondomestic Arbitration Awards
The international scope of energy transactions commonly leads parties to incorporate arbitration as their method of dispute resolution. When the arbitration concludes, the award does not always lead to final resolution, writes Benjamin Escobar.Trending Stories
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