Brendan Cook of Baker & McKenzie in Houston says that litigation has already increased after rigs have been shut down, investments cut back and projects cancelled. He said: ‘When people are squeezed and they can't work it out at the bargaining table, they can't work it out in the boardroom, you go to the courtroom.’

Phone explodes

Houston-based Richard Burch of Mudd, Harrison & Burch represents plaintiffs in employment disputes. He said: ‘I know when there's a layoff because my phone will explode.’  Source: EE News