Wake Up Call: Texas Firms Notch Record $8.6 Billion Revenues

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Strong demand helped Texas law firms post a record $8.6 billion in revenues in 2022, up 7.6% from the previous year. Thirty-five of the top 50 firms in the state posted record revenues, aTexas Law Book report says. Kirkland & Ellis stayed at No. 1 ahead of Houston-based Vinson & Elkins. (Houston Chronicle)
• Big UK-based insurance specialist firm Clyde & Co. introduced a new global policy that allows lawyers and other employees to get 26 weeks of ...