Texas lawyers have benefitted greatly from the state’s dynamic Texas economy that has grown at a rate well above the national average, largely due to oil prices remaining relatively strong. During the past decade, substantially all aspects of the energy business have grown and the Permian Basin, Eagle Ford and other productive regions have continued to develop, largely due to the ability of exploration and production companies to find and extract large volumes of oil from shale formations using unconventional technology.
Attorneys practicing in the energy sector now recognize that some clients’ efforts to find oil have been perhaps too successful, reflected in the declining prices around the world during the past year. Texas lawyers have seen not only the service companies affected with resulting layoffs, but real estate projects deferred.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
