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Law Firm Offices Continued to Shrink In 2023, But Real Estate Costs Did Not
Speaking to The American Lawyer last month from his office in downtown San Francisco, Morrison & Foerster chair Eric McCrath remarked on the firm's shifting vision of a lawyer's office.
As class A real estate commands "top dollar," especially in the Bay Area, many law firms like Morrison & Foerster are cutting back from the standard 175-square-foot offices of the past, in an effort to bring the firm up to date in the digital, hybrid working era.
"I'm almost embarrassed to be sitting here, with endless shelving and books — it's essentially useless," said McCrath, who noted that the firm's New York and San Francisco offices had recently sublet a floor each. "So much is so easily tapped into electronically. They're more trophy cases, and very expensive trophy cases."
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