BP to Settle Oil Spill Claims for $18.7B, Payout Over 18 Years

After five long litigious years in the wake of the massive Deepwater Horizon oil spill in the Gulf of Mexico, the oil giant BP recently reached an agreement in principle to settle for up to $18.7 billion all federal, state and local claims arising from the 2010 event.

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  • New Judge Takes Helm of Austin Bar

    By Angela Morris

    Eric M. Shepperd, judge of the Travis County Court-at-Law No. 2, said that he would spend his year as president of the Austin Bar Association highlighting pro bono and legal aid volunteerism in Austin.

  • Bar Exam Agency to Begin Online Transactions

    By Angela Morris

    Soon law graduates who are signing up to take the Texas bar exam will be able to fill out applications and pay exam fees electronically.

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    Each year, Texas Lawyer tracks financial trends in the state’s legal industry through its confidential Salary & Billing Survey. This research provides competitive information for firm leaders about salaries, billing rates and billable hours – for both lawyers and non-lawyer staff. All responses are confidential and no data will be identified with a specific firm. The results, which will be published in Texas Lawyer’s July 27, will be an analysis of the aggregated data. Please contribute to this research by completing the online survey by Thursday, July 9.

  • Texas Lawyer's Annual Firm Finance Report

    The Annual Report on Firm Finance also includes a Profitability Index, which shows whether equity partners in a firm are taking home more or less than average RPL, and a firm-by-firm analysis that helps to explain financial results from each of the top 25 firms.

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