Work from large corporate clients in St. Louis makes for a stable legal business environment, while startup incubators including the Cortex Innovation Community in the city’s historic Central West End offer the promise of growth to come, according to law firm managers.
Mike Chivell, St. Louis-based managing partner of Armstrong Teasdale, said overall demand for legal services is growing, but only at a modest pace and only in some practice areas. Those include startup businesses and the real-estate transactions they spark. “The good news about St. Louis is we didn’t get crushed when the economy fell off,” Chivell said. “But by the same token, you’re not going to come exploding out of it.”
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