About CBM

Carol Bavousett Mattick, PLLC

The firm is a solo practice with of-counsel and other affiliations which can bring to bear the time and talents of a team of four to five practitioners experienced in the particular areas needed by clients.  Ms. Mattick manages the client’s deliverables from team members as well as her own. 

Carol Bavousett Mattick has been practicing corporate and securities law for over 25 years, working almost exclusively with privately held companies.  A substantial part of her practice involves working with company CEOs to put themselves in a position to harvest the value created in their businesses  – whether through purchase of equity by key employees, a sale of the business to a third party or a strategic investment in the company by a larger company in the same or complimentary industry.  

Carol’s assignments for clients have included acting as part-time in-house counsel for a medical device company; working with companies seeking private equity capital; representation of “angel” investors; representation of senior executives with respect to employment and incentive compensation packages as they go from pre- IPO to post-IPO and cashing out those incentive packages; representation of private companies up to $40 million in annual revenues being acquired; working with companies developing intellectual property assets and/or engaged in product development with a “license out” business model; and other kinds of business transactions and contract drafting. 

Her skill sets also include representation of private investment funds; formation and advising of registered investment advisers, particularly with respect to compliance requirements; equity raises for all kinds of businesses; seeking no-action letter rulings from the SEC; consulting expert witness engagements; representation of persons and companies in investigations by state and federal securities regulators;  formation and certification of non-profit entities; and negotiating material contracts for businesses. 


 Carol Mattick graduated with a law degree and master’s degree in business administration simultaneously from University of Texas at Austin.  After a four year stint with a large law firm in San Antonio,Texas, she began a solo law practice dedicated solely to providing corporate and securities law advice to growing companies.  Since 1998, she has maintained offices in two cities, Austin and San Antonio, and draws clients from both metro areas as well as around the state of Texas. 


 In order to teach, one really has to know a subject backwards and forwards.  Ms. Mattick has taught the subjects in which she practices law to MBA level graduate students at UT Austin in the Masters in Science and Technology Commercialization offered by that institution’s IC2 Institute.  IC2 was founded by George Kozmetsky after his stint as dean of the UT business school and was the original parent organization for the Austin Technology Incubator and the Capital Network.  Carol has also provided curriculum in these areas for IC2’s Global Communications Group which teaches IC2’s economic development lessons in countries around the world.  In San Antonio, she was a founding board member of the San Antonio Technology Accelerator Initiative, now called StarTech, from its founding in 1999 to 2005 and a member of Geekdom from 2012 to the present.   She is now an adjunct Professor at Texas A & M University – San Antonio.  

 Carol teaches other lawyers in her areas of expertise through the continuing education programs all lawyers must take to maintain their licenses.  She has been a member of the planning committee of UT Law’s Conference on Securities Regulation and Business Law Problems for many years, has been a speaker at that conference and has co-chaired it in 2010 – 2012, 2015-2016; She was a creator and co-chair of the planning committee of UT Law’s Private Companies Institute.  Carol has been featured as a speaker multiple times at the State Bar of Texas’ courses in Advanced Business Law, the Essentials of Business Law and Representing Small Businesses,  She has spoken at meetings of the ABA Section on Taxation, Closely Held Businesses committee and the ABA Section on Business Law, State Securities Regulation committee.    Carol also serves on the advisory group to the Transactional Law Center at South Texas College of Law in Houston.  That program teaches law students fundamental areas of business law through courses organized around structuring and completing particular kinds of business transactions. 

 Ms. Mattick has chaired the state bar committee most responsible for affecting state and federal securities law and regulation.  Carol has been a member of the Securities Law committee of the Business Law Section of the State Bar of Texas for twenty years and chaired that committee from 2005 – 2013.  Under Carol’s leadership, the Securities Law committee worked with state regulators to draft rules and proposed statutory changes to allow state law to work better with the recent changes on the federal level under the Dodd-Frank financial regulatory reform act and the more recent JOBS Act.  

Currently, Carol is in charge of making the Section’s website the primary way in which it provides information and benefits to its members.  As a member of the Business Law Section’s governing council since 2008, Carol is part of the leadership of the Section.  She will serve as the Chair of the Section in ’24 – ’25.  


 Carol lives in San Antonio with her husband, Steve, and large hounds “Karis” (Mattick) and “Otto” (Mattick).  She works in the community with a number of organizations, including with the Girl Scouts since 1992.

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