Akin Gump Strauss Hauer & Feld

Dallas
Firmwide Lawyer Count: 791
2011 Stats
Gross Revenue: $770.0 million Up 4.5%
Net Income: $278.0 million Up 1.8%
Revenue Per Lawyer: $973,000 Up 3.6%
Profits Per Partner: $1,685,000 Up 4.9%
Notable in 2011
According to chairman R. Bruce McLean:
Strong Practice Areas: – energy, international trade, policy and regulatory, bankruptcy; corporate activity in Texas doubled last year compared to 2010
New Hires – Firm added lateral partner in Dallas to launch outsourcing practice; added 20 lawyers in Los Angeles for renewable energy practice.
Headcount Effect – Increased lawyer count plus increased revenue per lawyer led to overall strong financial performance in 2011.

Andrews Kurth

Houston
Firmwide Lawyer Count: 349
2011 Stats
Gross Revenue: $270.0 million Up 0.7%
Net Income: $102.0 million Down 1.0%
Revenue Per Lawyer: $774,000 Up 2.5%
Profits Per Partner: $1,041,000 Down 8.0%
Notable in 2011
According to managing partner Bob Jewell:
Strong Practice Areas: – capital markets, real estate, banking and finance
2011 Trend – Firm got busier as year progressed and it posted “busiest December ever.”
Taking Care of Business – Firm used $12 million of 2011 income to prepay 2012 expenses.

Baker Botts

Houston
Firmwide Lawyer Count: 703
2011 Stats
Gross Revenue: $581.5 million Up 4.8%
Net Income: $257.5 million Up 4.7%
Revenue Per Lawyer: $827,000 Up 4.8%
Profits Per Partner: $1,392,000 Up 1.4%
Notable in 2011
According to managing partner Andrew M. “Andy” Baker:
Strong Practice Areas: – energy, antitrust and intellectual property
Hot Region – Washington, D.C.
Office Growth – Firm has a booming D.C. office because it acquired a group of lateral antitrust lawyers; amount of antitrust work has increased due to rise in government enforcement.

Beirne Maynard & Parsons

Houston
Firmwide Lawyer Count: 62
2011 Stats
Gross Revenue: $41.5 million Down 4.6%
Net Income: $13.1 million Down 7.7%
Revenue Per Lawyer: $669,000 Down 4.7%
Profits Per Partner: $873,000 Down 1.7%
Notable in 2011
According to chairman Martin Beirne:
Strong Practice Areas: – energy and transportation
New Office – Firm opened a San Antonio office in July
Busy Year – Firm handled more than 16 trials and arbitration matters in Texas, Louisiana, New York, Florida, California and Mexico.

Bracewell & Giuliani

Houston
Firmwide Lawyer Count: 422
2011 Stats
Gross Revenue: $271.5 million Down 3.2%
Net Income: $85.5 million Down 7.8%
Revenue Per Lawyer: $643,000 Up 0.8%
Profits Per Partner: $1,018,000 — 0.0%
Notable in 2011
According to managing partner Mark Evans:
Strong Practice Areas: – energy litigation, environmental, technology, white-collar crime defense, and by the end of the year, finance and energy mergers-and-acquisitions
New Work – Insolvency lawyers started picking up debtor work in addition to traditional creditor work.
Headcount Effect: Gross revenue and net income slipped due to net loss of 18 lawyers.

Carrington, Coleman, Sloman & Blumenthal

Dallas
Firmwide Lawyer Count: 62
2011 Stats
Gross Revenue: $50.2 million Up 3.7%
Net Income: $22.1 million Up 3.8%
Revenue Per Lawyer: $810,000 Up 3.7%
Profits Per Partner: $762,000 Up 10.9%
Notable in 2011
Strong Practice Areas: – business litigation, securities and director and officer issues, oil and gas
Growing Practice Area – real estate
Firm Clients – Southwest Airlines; Graham Mortgage Corp.

Chamberlain, Hrdlicka, White, Williams & Aughtry

Houston
Firmwide Lawyer Count: 105
2011 Stats
Gross Revenue: $64.9 million Up 1.9%
Net Income: $27.3 million Up 1.5%
Revenue Per Lawyer: $618,000 Up 2.8%
Profits Per Partner: $683,000 Up 1.5%
Notable in 2011
According to managing shareholder Wayne Risoli:
Strong Practice Areas: – tax, corporate and litigation sections
New Office – Firm has five offices with addition of San Antonio outpost.
Status Quo – Firm’s real estate and employee benefits sections were flat.

Cox Smith Matthews

San Antonio
Firmwide Lawyer Count:
130
2011 Stats
Gross Revenue: $61.2 million Up 7.9%
Net Income: $20.5 million Up 6.8%
Revenue Per Lawyer: $471,000 Up 1.3%
Profits Per Partner: $427,000 Up 4.4%
Notable in 2011
According to managing director James “Jamie” Smith Jr.:
Strong Practice Areas: – energy (some related to the Eagle Ford Shale) and labor and employment
Big Matters – Firm handled litigation stemming from TXCO Resources Inc. bankruptcy; transactional and financial work related to Kinetic Concepts Inc. leveraged buyout.
More Lawyers – Firm had net gain of eight lawyers.

Fulbright & Jaworski

Houston
Firmwide Lawyer Count: 810
2011 Stats
Gross Revenue: $597.5 million Down 4.5%
Net Income: $251.0 million Down 9.4%
Revenue Per Lawyer: $738,000 Down 0.7%
Profits Per Partner: $802,000 Down 8.4%
Notable in 2011
According to Steven Pfeiffer, chairman of the firm’s executive committee:
Revenue downers – Firm had fewer lawyers and less contingent-fee revenue in 2011.
New Hires and Office – Firm recruited 17 lateral partners, opened 17th office, this one in Pittsburgh.
Missed Out – Potential client conflicts excluded firm from legal work stemming from Deepwater Horizon Oil spill disaster.

Gardere Wynne Sewell

Dallas
Firmwide Lawyer Count: 231
2011 Stats
Gross Revenue: $149.5 million Down 5.1%
Net Income: $55.1 million Down 12.8 %
Revenue Per Lawyer: $647,000 Down 3.2 %
Profits Per Partner: $835,000 Down 2.9 %
Notable in 2011
According to managing partner Stephen Good:
Strong Practice Areas: – energy, government, international tax and real estate
Hot Region – Europe and Asia
Headcount Effect – Slight decrease in lawyers due, in part, to retirements, which led gross revenue to drop.

Godwin Ronquillo

Dallas
Firmwide Lawyer Count: 70
2011 Stats
Gross Revenue: $50.0 million Up 119.30%
Net Income: $23.0 million Up 191.1%
Revenue Per Lawyer: $714,000 Up 15.9%
Profits Per Partner: $1,917,000 Up 215.3%
Notable in 2011
According to chairman and CEO Don Godwin:
Strong Practice Area – litigation
New Office – Firm opened a 15-lawyer New Orleans office in 2011 due to representation of Houston’s Halliburton Corp. related to the Gulf oil spill litigation.
Future Plans – Firm plans to hire more lawyers and grow its family law practice.

Haynes and Boone

Dallas
Firmwide Lawyer Count: 493
2011 Stats
Gross Revenue: $305.0 million Up 3%
Net Income: $105.0 million Up 2.9%
Revenue Per Lawyer: $619,000 Up 3.2%
Profits Per Partner: $760,000 Up 2.7%
Notable in 2011
According to managing partner Terry Conner:
Strong Practice Areas: – energy, investment funds, private equity
Bill Issues – The firm continues to feel pressure on realization rates and discounted its rates to help clients.
Office Growth – Firm doubled the size of its New York and California office.

Jackson Walker

Dallas
Firmwide Lawyer Count: 321
2011 Stats
Gross Revenue: $194.0 million Up 8.5%
Net Income: $77.5 million Up 17.1%
Revenue Per Lawyer: $604,000 Up 7.1%
Profits Per Partner: $807,000 Up 17.0%
Notable in 2011
According to managing partner C. Wade Cooper:
Strong Practice Areas: – energy and litigation, wealth protection
Change Is Good – Lateral hires and potential changes in U.S. Tax Code boost wealth-protection practice.
The Scoop – Good firm financials due to solid year sweetened with a contingent fee.

Kane Russell Coleman & Logan

Dallas
Firmwide Lawyer Count: 76
2011 Stats
Gross Revenue: $39.0 million Up 15.4%
Net Income: $14.5 million Up 27.2%
Revenue Per Lawyer: $513,000 Up 9.4%
Profits Per Partner: $853,000 Up 12.2%
Notable in 2011
According to president Ray Kane:
Strong Practice Areas: – litigation, bankruptcy and transactions
International Work – Firm had a lot of work in China for U.S. clients and in China and United States for Chinese clients.
Big Accomplishment – Firm’s realization rate improved in 2011.

Kelly Hart & Hallman

Fort Worth
Firmwide Lawyer Count: 126
2011 Stats
Gross Revenue: $64.5 million Up 1.6%
Net Income: $38.4 million Up 5.7%
Revenue Per Lawyer: $512,000 Up 3.2 %
Profits Per Partner: $768,000 Up 10.3 %
Notable in 2011
According to firm founder Dee Kelly Sr.:
Strong Practice Areas: – energy, corporate and litigation
Hot Region – Fort Worth
Staying Home – Representing oil and gas companies in Barnett Shale-related litigation in North Texas continues to be profitable for the firm.

Locke Lord

Dallas
Firmwide Lawyer Count: 540
2011 Stats
Gross Revenue: $416.0 million Up 4.9%
Net Income: $150.5 million Up 8.4%
Revenue Per Lawyer: $770,000 Up 5.9%
Profits Per Partner: $1,038,000 Up 6.1%
Notable in 2011
According to chairwoman Jerry Clements:
Strong Practice Areas: – energy, corporate, bankruptcy, white-collar crime defense, real estate investment trusts and litigation
Investments – lateral hiring, particularly in Texas, Chicago and California; new Hong Kong office; groundwork laid for early 2012 opening of London office
Accomplishments – Firm’s focus on improving revenue succeeded, and profits per partner topped the million-dollar mark.

Looper Reed & McGraw

Houston
Firmwide Lawyer Count: 111
2011 Stats
Gross Revenue: $45.9 million Up 21.40%
Net Income: $9.1 million Up 7.1%
Revenue Per Lawyer: $414,000 Up 12.8%
Profits Per Partner: $535,000 Up .80%
Notable in 2011
According to president and managing director J. Cary Gray:
Strong Practice Areas: – commercial litigation and oil and gas
Lots of Work – Expansion of the oil and gas industry has been important to the firm.
Growth Opportunity – Firm sees growth in 2012 for its intellectual property section.

Munsch Hardt Kopf & Harr

Dallas
Firmwide Lawyer Count: 103
2011 Stats
Gross Revenue: $56.3 million Up 5.6%
Net Income: $20.9 million Down 5.0%
Revenue Per Lawyer: $547,000 Up 8.7%
Profits Per Partner: $633,000 Up 3.6%
Notable in 2011
According to chairman and chief executive officer Glenn Callison:
Strong Practice Areas: – commercial litigation, bankruptcy
New Hires/Practice Area – Two lateral partners joined the firm in Dallas to launch immigration practice; transactional practices also rebounded.
Bottom-Line Bump – Firm saw improved realization in billings due to fewer client discounts.

Porter Hedges

Houston
Firmwide Lawyer Count: 99
2011 Stats
Gross Income: $77.2 million Up 15.4%
Net Income: $40.0 million Up 20.1%
Revenue Per Lawyer: $780,000 Up 11.9%
Profits Per Partner: $1,053,000 Up 7.6%
Notable in 2011
According to managing partner Rob Reedy:
Strong Practice Area – energy law
New Hires/Practice Area – Firm hired laterals to launch intellectual property practice.
New Benchmark – Profits per partner passed $1 million mark.

Strasburger & Price

Dallas
Firmwide Lawyer Count: 169
2011 Stats
Gross Revenue: $75.8 million Down -0.1%
Net Income: $25.9 million Down .40%
Revenue Per Lawyer: $449,000 Up .30%
Profits Per Partner: $392,000 Down 2.9%
Notable in 2011
According to managing partner Dan Butcher:
Strong Practice Areas: – corporate and business litigation, real estate and financial services
Hot Region – San Antonio
New Office – Firm acquired San Antonio’s Oppenheimer Blend to form Strasburger Price Oppenheimer Blend.

Susman Godfrey

Houston
Firmwide Lawyer Count: 92
2011 Stats
Gross Revenue: $125.0 million Down 27.3%
Net Income: $90.0 million Down 33.3%
Revenue Per Lawyer: $1,359,000 Down 28.1%
Profits Per Partner: $1,500,000 Down 38.9%
Notable in 2011
According to co-managing partner Neal Manne:
Strong Practice Areas:: commercial litigation, especially antitrust, intellectual property, energy litigation and financial industry litigation
Hot Regions – Firm’s five offices had great years.
New Hires – Firm hired more lawyers, including lateral associates.

Thompson & Knight

Dallas
Firmwide Lawyer Count: 291
2011 Stats
Gross Revenue: $200.0 million Up 0.6%
Net Income: $82.5 million Down 3.4%
Revenue Per Lawyer: $687,000 Up 10.3%
Profits Per Partner: $927,000 Down 2.2%
Notable in 2011
According to managing partner Emily Parker:
Strong Practice Areas: – energy, including energy finance and transactional work, and intellectual property litigation
Growth Practice Areas – commercial mortgage-backed securities and health law
The Big Positive – Partners pleased with 10.3 percent increase in revenue per lawyer.

Thompson, Coe, Cousins & Irons

Dallas
Firmwide Lawyer Count: 133
2011 Stats
Gross Revenue: $37.7 million Up 1.9%
Net Income: $9.9 million Up 2.1 %
Revenue Per Lawyer: $283,000 Down 3.7%
Profits Per Partner: $309,000 Up 5.1%
Notable in 2011
According to managing partner Jack Cleaveland:
Strong Practice Areas: – litigation and insurance law, especially hurricane coverage
Unique Niche – regulatory matters and lobbying for insurance industry at state level
New Hires – Lawyer headcount increased at all Thompson, Coe offices in 2011.

Vinson & Elkins

Houston
Firmwide Lawyer Count: 722
2011 Stats
Gross Revenue: $607.5 million Up 0.8%
Net Income: $264.0 million Down 2.0%
Revenue Per Lawyer: $841,000 Down 0.5%
Profits Per Partner: $1,354,000 Up 0.5%
Notable in 2011
According to chairman Mark Kelly:
Strong Practice Areas:: energy transactions, capital markets, mergers-and-acquisitions, real estate, finance, litigation and intellectual property
Hot Region – China
New Office – Riyadh, Saudi Arabia, opened in May 2011, giving the firm three offices in the Middle East.

Winstead

Dallas
Firmwide Lawyer Count: 258
2011 Stats
Gross Revenue: $152.8 million Up 6.3%
Net Income: $76.9 million Up 5.8%
Revenue Per Lawyer: $592,000 Up 9.0%
Profits Per Partner: $769,000 Up 12.1%
Notable in 2011
According to chairman and chief executive officer Kevin Sullivan:
New Hires – Firm hired 48 laterals in 2011.
Practice Highlights – Transactional work rebounded in 2011, and litigation was equally busy.
What’s Working – Approach as “super-regional” firm in pricing and breadth of practice helped attract new clients.