State Of Texas Legal Market: Oil And Gas IP Cases Are Up

Law360, New York (August 30, 2016, 2:03 PM EDT) -- The drop in crude oil prices that began in 2014 has resulted in a severe downturn for the industry. With falling commodity prices came lower earnings for companies, mass layoffs and bankruptcies. In this special series, we invited guest experts to help gauge how the downturn has affected the legal industry in Texas.

Paul Morico The oil and gas industry is in the middle of one of the deepest downturns in decades. Revenues and earnings are sharply lower for companies across geographic and resource sectors, resulting in reduced investment in exploration and production.

In the oil and gas industry, as prices drop, the associated...

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