Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Law Firm Real Estate: Attorney Offices Are Out, Conference Rooms Are In
Law firms are navigating a paradigm shift in how they approach office space. With the rise of flexible workplaces, firms are finding that when their attorneys do come into the office, the main goal is to connect and collaborate with peers — and this shift has transformed how law firms address their real estate needs.
Before the pandemic, the norm for many law firms was to allocate a whopping 1,000 square of office space per lawyer. However, this standard has dropped significantly, with firms now averaging closer to 600 square feet per lawyer, according to Savills data cited by the New York Times. See, "Corner Offices Are Out; Collaboration Is In. Say Hello to the New Law Firm," New York Times (2/27/2024).
Crowell & Moring's decision to relocate its New York office exemplifies this trend. The firm moved from a traditional Midtown office to a more compact, flexible space on the West Side, focusing on sit-to-stand desks and soundproofing elements that enhance collaboration in smaller areas. Clifford Chance also embraced this shift, reducing its office space by 25% while adding more lawyers.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
Real Property Law
Questions of Fact About Compliance With Mortgage Contingency ClauseMortgagee Who Purchased At Foreclosure Sale Failed to Establish Bona Fide Purchaser StatusSupreme Court Was Premature In Holding That Option Violated Rule Against Perpetuities
Development
Developer’s Taking Claims Survive Motion to DismissDEC Incorrectly Granted Permit to Expand Nonconforming Mining UseMemorandum of Understanding Not Binding on Subsequent Town Board
City of Yes: Housing Opportunity — A Little Bit Of Everything, Everywhere
New York City’s recently adopted City of Yes for Housing Opportunity (CHO) represents the most significant overhaul of residential zoning regulations in decades. The interplay between existing procedures and new provisions will likely generate significant interpretive questions and litigation as developers seek to take advantage of these opportunities.