State Of Texas Legal Market: It Isn’t Just About Oil

Law360, New York (August 26, 2016, 5:05 PM EDT) -- The drop in crude oil prices that began in 2014 has resulted in the industry's deepest downturn in decades. 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.

Geoff Schuler

Truda Chow There has been significant speculation on the state of the legal industry in Texas as a result of the decline of oil prices. Specifically, some market watchers believe that law firms with significant energy-related practices have experienced precipitous declines in revenue and profits due...

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