For the second year in a row, the largest Texas firms elected fewer new partners in Texas. Lawyers at many of the firms say the troubled economy had little bearing on the shrinking ranks of new partners. Jesus Garcia (pictured) is a newly minted litigation partner at Locke Lord Bissell & Liddell.
March 30, 2009 at 12:00 AM
1 minute read
For the second year in a row, the largest Texas firms elected fewer new partners in Texas.
At first blush, that 10 percent drop following a 20 percent decline in 2008 sounds reasonable, considering the nation’s financial crisis, the precipitous drop in the stock market and the price of a barrel of crude oil, and recent BigTex lawyer and staff layoffs.
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