New York-based Weil, Gotshal & Manges was the number one grossing out-of-state firm in Texas in 2006, according to Texas Lawyer’s ranking. With offices in Dallas, Austin, and Houston, the firm posted $62.9 million in net income last year. Weil, Gotshal was also the top firm in Texas profits per partner and revenue per lawyer. The NY firm has seen rising gross revenues in Texas ever since it opened in Dallas 19 years ago. Following Weil, Gotshal in the ranks were Jones Day of Cleveland, Atlanta-based King & Spalding, Chicago’s Mayer, Brown, Rowe & Maw and Washington, D.C.-based Howrey. Net income for these top five firms totaled $162.4 million, a 4.6 percent increase from 2005.

Source: www.nylawyer.com