Law Firms Cut Office Space To Gain Efficiency

Law360, San Diego (November 9, 2011, 12:43 PM EST) -- With expensive office space weighing heavily on their bottom lines, law firms are realizing they can often do more with less and are giving up entire floors, consolidating libraries and secretary workstations, and in some cases shrinking partners’ and associates’ offices.

With rent making up their second-highest expense next to personnel, many firms are divesting or subletting excess floors when renewing their leases, while others are making do with less square footage when they move into new buildings, according to experts.

Firms have been focusing on...
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