Business of Law
Amidst Tight Market for Legal Work, Houston Attorneys and Law Firms Have Struck Oil
Posted Nov 19, 2012 10:46 AM CDT
By Martha Neil
As the legal economy overall continues to sputter and lawyers in many practice areas are aggressively looking for work, there's no need for a number of attorneys and law firms in Houston, Texas, to step on the gas.
Thanks to their energy law expertise and clients in a region known for its many natural resource-based businesses, they are thriving, the Wall Street Journal (sub. req.) reports.
A recent announcement of a planned mega-merger between British behemoth Norton Rose and Fulbright & Jaworski was driven in part by the Houston firm's strong energy practice. And individual lawyers with energy expertise and clients are also in demand.
Then the phone rang. It was a recruiter trying to interest him in taking a job with yet another law firm that was looking to open an office in Houston.
"I don't know how they knew I was here," the 41-year-old partner told the WSJ, saying of the job pitch: "I'd love to be flattered by it, but frankly it's a reflection of what's going on in this market."