Chairman's Letter

Hello friends, 
 
There’s good news out of the Greater Houston Partnership. A recent report showed new momentum in regards to the local economy. Specifically, there were labor gains, and also up were exports, consumer spending, and home and vehicle sales. The region added 50,300 new jobs in the year ending July 2026, roughly five times the national rate. This makes our city the number one market for job growth. 
 
There’s growth in real estate development, too. Manufacturing is coming to northeast Houston in the form of a $6.5 billion facility called Generation Park, the brainchild of McCord Development. This facility targets the life sciences sector, specifically pharmaceuticals with Eli Lilly, Bristol Myers Squibb, and United Therapeutics in the tenant mix. McCord Development is also establishing a residential and retail presence in the area. 
 
For a business owner, mid-market company leader, or general counsel, a strong economy is welcome news with a catch. Rapid hiring can strain employment agreements, restrictive covenants, and policies written for a smaller team. Agreements with manufacturers can come with exacting provisions on quality, indemnity, insurance, and intellectual property. And landowners and investors in the area should understand lease structures, zoning, and the timing of any sale. Growth has the potential to expose a weak contract when least expected, and we help clients work through these issues regularly. 
 
We are also excited to welcome two new associates who recently passed the bar. Helena Oliver has joined the Corporate M&A group and Olivia Holley has joined the Real Estate group. 
 
For over three decades, we have helped clients cut through complicated business problems. We start by pinpointing exposures. From there, we build a sensible plan to resolve it. If a challenge is weighing on your company, we are ready to help.

Warm Regards,