The pattern of expansion continues in Texas as Am Law 100 law firms look to capitalise on the profitable potential of energy and infrastructure work in the state. Notably, Willkie Farr & Gallager and Paul Hastings have both recently opened offices in Dallas, after making their initial foray into Texas via Houston.
However, this shift raises a critical question: Has the Texas market reached saturation point when it comes to the presence of Big Law firms? And, if so, could it prove more of a challenge to attract and secure high-performing talent in a field where many other Am Law 100 counterparts have already established a footprint? Notably, six Am Law 25 firms are still without an office in Houston.
Despite the growing office numbers, these queries serve as a reminder that managing growth and capitalising on market opportunities requires strategic thinking beyond just the decision to open new premises. Details about these pressing questions and more can be found in the related article here.