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Oilfield service firms responding to the Dallas Fed Energy Survey for the third quarter of 2026 reported substantially broader increases in input costs than in the prices they received. The input-cost index was 60.4, compared with a prices-received index of 16.3. Each index represents the percentage of respondents reporting an increase minus the percentage reporting a decrease.

Attorneys Steve Osborn and Jen Rubin explore how artificial intelligence is fundamentally reshaping the attorney-client relationship, from clients using AI to challenge legal advice to the critical risks of losing attorney-client privilege.

When structuring an earnout in a middle-market M&A transaction, the choice between gross revenue and EBITDA as the underlying metric can determine whether the deal creates value or triggers post-closing disputes. Each metric measures fundamentally different aspects of financial performance and carries distinct legal and operational risks that both buyers and sellers must carefully navigate.