These days you don’t just need an attorney. You need a Shield.
These days you don’t just need an attorney. You need a Shield.
At Shields, we protect our clients’ interests. And we want to work with you to develop the right legal strategy for your business.
Whether your needs include litigation, corporate transactions, tax or strategic planning, our attorneys have the depth of experience and resourcefulness to be your legal counsel of choice.
Latest News
Texas House Joint Resolution 4: Constitutional Ban on Stock Exchange Transaction and Occupation Taxes
Executive Summary Texas House Joint Resolution 4 (“HJR 4”) proposes a state constitutional amendment to permanently ban certain taxes on securities trading and stock exchanges. Passed by the Legislature in the 2025…
A Deeper Dive Into Texas Senate Bill 1058: The Franchise Tax Exemption For Stock Exchanges
Executive Summary Texas Senate Bill 1058 (“SB 1058”), enacted in May 2025 and effective January 1, 2026, is a pro-business tax reform designed to attract and accommodate stock exchange operations…
Turning Market Downturns Into Gifting Opportunities: Why Now May Be the Perfect Time to Transfer Wealth
Imagine any of the following scenarios: (1) the markets take a tumble, and your portfolio is down; (2) a sector your business operates in or around has experienced a significant…
SB 29 Drives Business — The Texas Way
On May 14th, Governor Greg Abbott signed SB 29 into law, further cementing Texas as a highly desirable jurisdiction for entity formations and corporate reorganizations. SB 29 adopts several significant…
Due This May: Comments on Fincen’s Interim Final Rule Removing Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons
All entities created in the United States including those previously known as ”Domestic Reporting Companies” and their beneficial owners, pursuant to an interim final rule, are now exempt from the…
One Year Later: What is the Status of the FTC’s Non-Compete Rule?
One year has passed since the Federal Trade Commission (“FTC”) announced its controversial Final Rule banning nearly all non-competes on a nationwide basis (the “Non-Compete Rule”).[1] The Non-Compete Rule, which…
Caught in the Crosshairs: Sheryl Sandberg’s Email Deletions Spotlight the Spoliation Trap
Few things can derail high-stakes business litigation faster than allegations of spoliation—the improper destruction or concealment of relevant evidence. Sheryl Sandberg, previously Meta’s COO and a board member, recently learned…
Tax and Estate Planning Essentials: Critical Differences in Revocable and Irrevocable Trust Structures
High net wealth individuals frequently use trust structures in their estate planning to avoid the complications of probate for their loved ones after they pass. Trusts also offer a strategic…
Beware the Medusa: CISA Sounds the Alarm on RaaS
On March 12, 2025, the Federal Bureau of Investigation (FBI), Cybersecurity and Infrastructure Security Agency (CISA), and the Multi-State Information Sharing and Analysis Center (MS-ISAC) issued a joint advisory about…
Removal of Pre-Existing Suits to the Texas Business Court is a Non-Starter
The Texas Business Court officially began accepting cases on September 1, 2024. Through the end of February 2025, the Business Court issued more than a dozen written opinions[1] largely focused…
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