Texas Lawyer Trailblazers: Kate Day




Kate H. Day Bracewell

Kate Day was just a few years out of law school when she found herself at a conference table facing a contingent of“big guns”– lawyers representing the doomed energy giant Enron. Day’s banking clients were lending Enron money, using its pipelines as security, in a last-ditch effort to forestall bankruptcy, and she had to negotiate legal opinions regarding the deal. “I was like, ‘All right, can I do this?’ And I did.” Day has since worked on massive deals involving some of the biggest players in the energy industry, historically dominated by men. “I still feel unusual in my world for being a woman.” But “it’s not different just because there are a lot of lawyers on the other side from you.”

As she completed law school, Day wanted to work at a big firm in Houston. Because“energy is the big- gest game in this town,” and because Bracewell needed a lawyer to work in finance, she ended up in energy finance. She found that if energy is big, the deals are bigger. Just in the past 18 months, Day has advised the lead lenders in financing deals worth a total of $6.7 billion for three of the five largest offshore drilling companies. She put together all-women legal teams in all the deals. Day hopes to continue helping other women advance in her firm. “It’s something you have to be conscious about. Even women experience unconscious bias toward men, because we’re so used to see- ing successful lawyers being men.”Already, Bracewell has more women than men – partners and associates – working in finance, one of the firm’s largest groups. “It’s no so unusual that you will find yourself working with an all-woman team, because there are just so many of us.”

Reprinted with permission from the October/November 2019 edition of Texas Lawyer © 2019 ALMMedia Properties, LLC. All rights reserved. Further duplication without permission is prohibited. For information, contact 877-257-3382 or reprints@alm.com. # TXL-08152019-411630

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