Analysis

Texas Firms Eye Energy Uptick After Weathering Downturn

Law360, Dallas (April 21, 2017, 1:25 PM EDT) -- Texas law firms felt the sting of the energy downturn along with their clients, but generally weathered the storm without serious harm to their bottom lines because their work is spread across many segments of the industry. Now, there’s an optimism tied to rebounding oil prices, and early 2017 could be one of the busiest terms in recent years, attorneys say.

​The oil price plunge that began in 2014 led to sharp declines in energy transactional work, particularly in the capital markets sector, but several firms in that space recently told Law360 that while some practice areas suffered, others thrived....

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