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Stock impact report

California law firms follow clients to Texas and strike gold [Yahoo! Finance]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: Yahoo! Finance
Texas leaders champion the number of California corporations — Toyota, Chevron, Tesla, Charles Schwab and McKesson, to name a few — that have relocated to Texas in recent years. Often overlooked is the story of the Southern California corporate law firms — the SoCal gang of five — that followed those companies and reaped enormous financial and professional successes since they arrived. Separately and combined, the Texas offices of these five Los Angeles-founded law firms — Gibson Dunn, Latham & Watkins, O'Melveny & Myers, Paul Hastings and Sheppard Mullin — scored record revenues and profits in 2025, just as they did in 2024. All five achieved remarkable headcount growth last year. All five saw their Texas revenue hit nine digits last year. And all five say that 2026 is off to an even better start. A decade ago, Latham, Gibson Dunn and Paul Hastings combined had fewer than 150 attorneys in Texas, and their lawyers generated a total of $210.5 million, according to Texas Lawbook Show less Read more
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