“Randy Block, a Dallas headhunter who owns Performance Legal Placement, said that the almost-even balance between promoted litigators and transactional lawyers is an indication of a strong legal economy in Texas in 2012 and the year to come.”
“ ‘The fact that it’s 31-26 is unique to Texas because around the country transactional attorneys were laid off in the recession or could not get a high quantity of billable hours that are necessary to be made partner in eight or nine years,” Block said. “The fact that in Texas people are being made partner in very similar numbers from transaction to litigation shows the strength of the Texas legal market.’ ”
Which Cities Give Young Lawyers the Biggest Bang for Their Buck? Above the Law writes: “How you like me now?” asked every associate in Texas, a state with two major cities in the top five spots (and no state income tax). It is now painfully obvious that it’s no longer financially viable to live in New York City, so it may be time to consider transferring to (or starting your career at) another office — your wallet will thank you.
Dallas is #1! NALP reports that Dallas is the #1 city for buying power for attorneys, beating out Houston, NYC, L.A. and all others. This is the authority on buying power. http://www.nalp.org/buying_power_index_class_of_2011