(This article originally appeared in slightly different form inthe Am Law Daily.)
NEW YORK CITY—Law firms arereducing the square footage they allot per attorney when signingnew leases, and increasingly are looking for flexible, moreeconomical spaces in keeping with the corporate clients they serve,according to commercial real estate industry analysts.
Additionally, more law firms also are having professional realestate directors and chief operating officers—includingaccountants—make cost-driven choices about office space, taking thedecisions out of the partners' hands. As a result, squarefootage per lawyer is declining and individual offices are givingway to larger, communal working areas and multipurpose spaces.
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