Only eight Texas firms are among the nation’s top dealmakers in 2010, according to The American Lawyer ‘s Corporate Scorecard 2011, which ranks firms on transactional work they did in 2010. That’s fewer firms than last year, when 14 Texas firms were included in Corporate Scorecard 2010 for work done in 2009.
Blame bankruptcy work. According to Corporate Scorecard 2011, three Texas firms had a piece of work on the 10 largest bankruptcy emergences in 2010, and Texas firms were not included on the chart of the firms working on the 10 largest new bankruptcy filings in 2010. That total of three firms compares to a total of 11 Texas firms doing big bankruptcy work in 2009, as reported in Corporate Scorecard 2010. [See "Bankruptcy Boom Helps Land Texas Firms on Deals Lists," In-House Texas, May 10, 2010, page 1.]
