Redundancies (Image: Shutterstock) Is Real Estate the 'Canary in the Coal Mine' for Law Firm Redundancies?
Several law firms have made cuts to their real estate teams, reflecting a tough market environment, but also, possibly, a sign of things to come.
September 18, 2020 at 06:43 AM
6 minute read
"It's always real estate that gets hit first with the redundancies," says one London-based property partner.
"If you look back at the financial crisis and the late 90s before that — real estate always takes the hit because those deals fall off first."
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