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Houston Attorneys Strike Oil in Tight Legal Market

published November 23, 2012

By CEO and Founder - BCG Attorney Search left
Published By
( 1 vote, average: 4.5 out of 5)
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11/23/12

Houston Attorneys Strike Oil in Tight Legal Market



Attorneys with energy law expertise are in high demand in Texas thanks in a large part to the high oil prices and a resulting boom in U.S. drilling over the past few years.

The Wall Street Journal in a related story describes how the boom time came for Houston attorneys with expertise in energy, especially the oil industry. With more energy deals taking place because of increased activity in the oil industry, more law firms are opening and expanding their Texas offices, the center of the U.S. oil industry.

Even the recently announced merger between U.K.-based Norton Rose and Houston-based Fulbright & Jaworski was in part driven by Fulbright's energy practice according to the WSJ. Oil and gas deals have accounted for 13.5 percent of the M&As this year compared to a decade ago when the figure was just 5.3 percent.

The WSJ also reports that law firms are now offering multiyear contracts of $2 million as annual pay to partners and experienced associates who can earn $240,000 in total compensation including bonuses are also being given offers with a 10-20 percent pay raise, a significant amount in market known for regimented pay scales.

Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

More about Harrison

About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.

published November 23, 2012

By CEO and Founder - BCG Attorney Search left
( 1 vote, average: 4.5 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

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