“Lawyers’ rates in Texas rocket”
Texas lawyers this year notified hundreds of corporate clients that their hourly rates were going up.
“Law firms moved into Texas, buying lawyers with $4 million profits per partner. … With those salaries come New York rates,” said Thompson & Knight managing partner Emily Parker, who is widely considered one of the best tax lawyers in the Southwest and charges business clients $995 an hour.
For a longer version of this article, visit TexasLawbook.net.