New York City Midtown with Empire State Building. Real Estate Strategy in the New York Legal Market: Firms Hungry For More Of The Big Apple
An analysis of law firm office leasing transactions in New York shows the city's biggest firms are increasing both the size and quality of their real estate, and looking towards newer markets
January 29, 2024 at 04:54 AM
8 minute read
New York is arguably the world's largest and most prominent legal market; therefore, it's no surprise it's also home to some of the world's largest law firms. The city is an established and sophisticated legal epicenter aided by its positioning as one of the leading global financial centers. The strong level of talent and high billing rates drive firms of all sizes to seek growth opportunities in the city, even with its high level of law firm competition.
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