“Texas Legal Market Experiences Dynamic Activity”
Perhaps no statewide legal market in the nation has been attracting as much attention recently as has Texas. It’s got a lot going on.
“You see a lot of Texas firms faced with competition in just trying to keep their talent as national firms come in or grow their [existing] Texas offices,” says Mark Sloan, managing partner of Dallas-based Thompson & Knight who adds that his firm has done well at retaining its lawyers. “Some of those out-of-state firms have deep pockets so they can throw out compensation arrangements that would make it attractive for laterals. So we focus on our culture and other things that make it appealing to stay at Thompson & Knight.”