New CBRE Report Highlights Factors for Law Firm Growth in Texas

As the legal environment becomes more competitive, law firms are expanding into markets that offer lower costs, strong business environments and large, growing millennial populations – including markets like Austin, Dallas and Houston – according to “A Shifting Landscape: 2018 North American Legal Sector Trends,” a new report from commercial real estate firm CBRE.

The expansion is seen most often in lower cost markets – like those in Texas – where large law firms are entering for business expansion and tapping into new talent at competitive price points.