It may be a dry heat in Phoenix, but it's also a hot legal market for national law firms moving into the desert city to take advantage of its flourishing economy. Law firms want a piece of the hospitality, real estate, construction, aerospace and electronics industries, but that means some firms with long-standing practices in Phoenix are feeling a pinch from the competition. "The large national firms are competing for a relatively small number of people," says Sonnenschein Nath Chairman Elliott Portnoy.
April 03, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
It may be a dry heat in Phoenix, but it’s also a hot legal market for some national law firms moving into the desert city to take advantage of the region’s flourishing economy.
Ranked the fifth-largest city in the nation with 1.5 million people at the center of a metropolitan area of 3.8 million, Phoenix has the fastest-growing population of any major U.S. city, with professional and technical jobs creating the biggest surge in its employment sectors.
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