Houston Legal Market Review: Firms Reducing Lawyers Faster Than Adding

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Phone: (504) 858-7428 E-mail: brian@performlaw.com www.performlaw.com HOUSTON LEGAL MARKET REVIEW: SAMPLE SET FIRMS REDUCING LAWYERS FASTER THAN ADDING It is our intention to increase the size of our sample set in the coming months, but if this sample set is truly representative, the news is not great. In the 11-50 firm size groups the number of firms reducing lawyers (8) is out pacing the number of firms adding lawyers (4) by a 2 to 1 margin. Houston Attorney Count Based on Sample Set (23) Firms Total Lawyers 618 624 629 635 640 November 1, 2014 through May 1, 2015 Nov Dec Jan Feb Mar Apr May 628 631 631 629 623 622 619 Houston Net Market Activity by Group November 1, 2014 through May 1, 2015 0 4 7 11 14 Under 10 Attorneys 11-25 Attorneys 26-50 Attorneys 50-100 Attorneys 0 6 1 2 0 5 3 0 1 2 2 1 1 13 6 3 Total Firms Adding Lawyers Reducing Lawyers No Growth

Transcript of Houston Legal Market Review: Firms Reducing Lawyers Faster Than Adding

Page 1: Houston Legal Market Review: Firms Reducing Lawyers Faster Than Adding

!Phone: (504) 858-7428 E-mail: [email protected]

www.performlaw.com

HOUSTON LEGAL MARKET REVIEW: SAMPLE SET FIRMS REDUCING LAWYERS FASTER THAN ADDING !!

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It is our intention to increase the size of our sample set in the coming months, but if this sample set is truly representative, the news is not great. In the 11-50 firm size groups the number of firms reducing lawyers (8) is out pacing the number of firms adding lawyers (4) by a 2 to 1 margin.

Houston Attorney Count Based on Sample Set (23) Firms

Tota

l Law

yers

618

624

629

635

640

November 1, 2014 through May 1, 2015Nov Dec Jan Feb Mar Apr May

628

631 631629

623622

619

Houston Net Market Activity by Group November 1, 2014 through May 1, 2015

0

4

7

11

14

Under 10 Attorneys 11-25 Attorneys 26-50 Attorneys 50-100 Attorneys

0

6

12

0

53

01

221 1

13

6

3

Total Firms Adding Lawyers Reducing Lawyers No Growth