Austin, Texas. Homegrown Texas Firms Lag Industry Revenue Growth in First Nine Months of 2021
The winter freeze in Texas and the continuing impact of out-of-state firms opening new offices in the state have impacted revenue gains for the homegrown firms this year, according to the Wells Fargo Legal Specialty Group Nine-Month 2021 Check-in Survey.
November 16, 2021 at 04:17 PM
3 minute read
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Revenue at firms based in Texas grew by 7% during the first nine months of 2021, well below the deals-boosted 14% national average, but expenses at the Texas firms grew at a slower rate than nationally, according to results of the Wells Fargo Legal Specialty Group Nine-Month 2021 Check-in Survey.
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