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Lateral Hires’ Practice Areas |
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The following is a list of practice areas that saw lateral hiring during 2009 at 21 of Texas’ largest firms. | |
Practice Areas |
Number of Attorneys |
Bankruptcy/restructuring/reorganization | 21 |
Business transactions | 2 |
Corporate and securities | 14 |
Creditors’ rights | 2 |
Employee benefits/compensation | 1 |
Energy | 17 |
Environmental | 2 |
Insurance | 2 |
Finance/banking | 7 |
Intellectual property | 19 |
Health care | 3 |
Labor and employment | 8 |
Litigation | 58 |
Mergers and acquisitions | 1 |
Product liability | 3 |
Real estate | 6 |
Tax | 6 |
Wealth preservation/estate planning | 1 |
White collar/antitrust | 1 |
Total | 174 |
Note: Twenty-six of the largest firms in Texas, as listed on Texas Lawyer’s April 27, 2009, “The Texas 100″ poster, were asked to participate in the Lateral Hiring Survey. The 21 firms that participated in the survey hired 174 lateral attorneys in their Texas offices during 2009. Five firms decline to participate in the Lateral Hiring Survey: Brown McCarroll, Fulbright & Jaworski, Jackson Walker, Jones Day and Patton Boggs. Source: the firms. |
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Large Firms With the Highest |
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Firms |
Attrition Rate |
Baker Botts | 21.30% |
Akin Gump Strauss Hauer & Feld | 20.80% |
Hunton & Williams* | 19.30% |
Greenberg Traurig* | 18.80% |
Winstead | 18.60% |
Thompson & Knight | 16.30% |
* Firm is not based in Texas.Note: Twenty-six of the largest firms in Texas, as listed on Texas Lawyer’s April 27, 2009, “The Texas 100″ poster, were asked to participate in the Lateral Hiring Survey. Twenty-one firms participated. Five firms decline to participate in the survey: Brown McCarroll, Fulbright & Jaworski, Jackson Walker, Jones Day and Patton Boggs. Attrition rates are the percentages of attorneys who left the firms’ Texas offices during 2009. Each firm in this chart has 2009 attrition rates exceeding 15 percent. Source: the firms. |