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Big Law In NYC Looking for Smaller, New Class A Spaces
More law firms are signing office leases in Manhattan this year, as firms commit to attendance policies and look for efficiencies in office space. Some of the latest lease transactions include Covington & Burling, which signed for a new office at Hudson Yards, and Willkie Farr & Gallagher, which renewed its headquarters space, according to brokers.
Overall this year, law firms have been more likely to leave their current spaces and relocate, but they continue opting for smaller spaces, according to leasing data from real estate firms Savills and Cushman & Wakefield.
Looking at the second quarter, Manhattan saw 24 leasing deals involving firms and legal services organizations totaling 873,859 square feet, up from the first quarter, which had 17 deals totaling 496,640 square feet, according to Savills.
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Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.