The Texas Lawbook comments on the corporate market in Texas right now:
"The market for corporate lawyers in Texas has never been this hot or intense – not back in the technology boom of the late 1990s or even during the shale explosion of the past decade.
Texas businesses have so much legal work for their lawyers right now that law firms are stretched thin and fear their attorneys are being overworked and in danger of burnout.
Leaders at more than two-dozen corporate law firms interviewed by The Texas Lawbook each say they need hire more attorneys – in some cases, a couple dozen – to handle the mergers, acquisitions, capital markets, real estate deals and complex commercial disputes facing their clients, but that they face a major roadblock.
There just aren’t enough lawyers in Texas."
At Compass Law Group, we have seen this as well. Texas has been a growth market for some time now, and we have helped several firms open up and establish their Dallas, Houston, and Austin offices over the past decade. But, after a brief slow down due to the pandemic, the Texas market is now producing so much corporate work that firms are eager to find good attorneys however they can.
If you are interested in opening in Texas, or growing your Texas presence, feel free to reach out for a free consultation.
Click here for the full article from Mark Curridan at The Texas Lawbook.