As Texas law firms face an uncertain future amid the COVID-19 pandemic, Jackson Walker Managing Partner Wade Cooper spoke with Law360 about the upcoming Texas legislative session and the Firm’s niche position as a Texas-based law firm.
“Nobody’s safe during the legislative session,” Wade said. While Texas’ business-friendly environment has led to companies like Hewlett Packard, Tesla, and Oracle relocating to the state, the pandemic will likely force lawmakers to find ways to increase revenue – including possibly raising the corporate tax rate.
As Texas firms lose attorneys and close offices, Wade said, “It’s a competitive environment, but it’s mostly lawyers changing jerseys. So, we sort of look at that turmoil as an opportunity for us to add talent.”
To read more, view the Law360 article “3 Things On The Minds Of Texas Managing Partners In 2021” (subscription required).
Managing Partner C. Wade Cooper began his practice with Jackson Walker in 1981 and established the Austin office in 1997. Wade handles substantial commercial litigation, arbitration, and bankruptcy matters in Texas and across the United States. His clients include data center REITs, oil and gas companies, telecommunications carriers, national banks, and technology companies.