Well known oil and gas law firm Burleson LLP confirmed on Monday that it will shut its doors at the end of this year.
According to the Legal Intelligencer, all five offices of the Texas-based firm will close on December 31.
The firm currently has offices in Houston, Pittsburgh, New Orleans, Denver and San Antonio.
The firm is known for its expertise in the the energy sector.
Managing partner Richard Burleson told Law360 the closure is tied to falling revenues.
The decision comes just weeks after five lawyers at Burleson’s Pittsburgh office were laid off.
According to the Pittsburgh Business Times, the layoffs included office managing partner Kevin Colosimo.
“It’s no secret that the oil and gas industry is going through a very difficult time and because this is our specialty, it’s most of our lawyers, we’re not immune to the downturn people are experiencing,” Burleson told the Pittsburgh Business Times in October.
Managing director at Kinney Recruiting Jack Hopper told the Legal Intelligencer that a drop in oil and gas title work may be partially to blame for the revenue fall and closure.
“However, their primary focus is in the energy business—the oil and gas business to be specific—and a significant amount of their revenues derived from title work and that had been a very tough area, needless to say, over the last year,” Hooper said.