Credit: Seventyfour/Adobe Stock US Law Firm Leasing Activity, Including Atlanta, Hits New Highs
For the first time activity in the smaller markets nearly drew even with leasing in the 10 major markets, including in markets such as San Diego and Denver, according to a new leasing trends report from Cushman & Wakefield.
May 10, 2023 at 01:00 PM
3 minute read
Law Firm Management
The original version of this story was published on The Recorder
After a slump during the pandemic, U.S. law firm leasing activity hit a record level in 2022, and activity boomed during the first quarter of 2023 with leasing volume higher than in any previously recorded Q1, a new report finds.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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