Fulbright & Jaworski has taken on four litigation partners from collapsed Texan firm Jenkens & Gilchrist.
Rodney Acker, Theodore Daniel, Ellen Bush Sessions and Guy Wade will all join Fulbright’s Dallas office as partners.
Jenkens collapsed at the end of March after making a $76m (£38.72m) settlement with the US Internal Revenue Service (IRS) for advising on fraudulent tax shelters (The Lawyer, 30 March).
This is the second group of partners that Fulbright has taken from the disgraced firm. In January, Fulbright took the entire tax team from Jenkens’ Houston office, including Houston managing partner Andrius Kontrimas, as reported by The Lawyer (15 January).
Between January and March, Jenkens managed the exits of large groups of its lawyers in its satellite offices in Los Angeles, Chicago, San Antonio and Houston. It initially tried to keep its Dallas headquarters open.
But when it became clear that the firm would close for good, Virginia-headquartered Hunton & Williams was the main beneficiary of the fallout from Jenkens, taking on 93 of its 124 remaining lawyers.
Jenkens’ problems began in 2003 when a federal investigation found that several tax shelters, which were endorsed mainly by Jenkens’ Chicago-based lawyers, were in fact illegal.
Fulbright’s Dallas head Kenneth Stewart said: “It’s very satisfying to have these well-regarded and established litigators join our firm. Each brings excellent credentials and exemplifies the values we uphold at Fulbright.”