May 6, 2010
Lateral Market Gets Boost From Oil and Gas Industry Legal Work
Not only have the Marcellus Shale natural gas reserves fueled legal work for litigators, land use and transactional attorneys alike, they have created movement in the lateral market as law firms look to build practices catering to the oil and gas industry’s interest in the reserves. One recent example of the spike in activity: Reed Smith, which has about a half-dozen lawyers, spread among three offices and numerous practice groups, focusing on Marcellus Shale-related work.