Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}
legal sector trends hero large 042023legalsectortrendsheromobile

Legal Sector Leasing Trends

David Smith • 5/4/2023
Access the latest legal sector occupancy trends and national leasing activity.

Overall, legal occupier demand has both recovered and evolved. Workplace strategies for law firms have shifted considerably in light of changing associate preferences and the increased prevalence of remote and hybrid work arrangements. As a result, law firms are increasingly looking for flexible and sustainable workspaces that can accommodate the latest technology and support the well-being of their attorneys and staff. Total leasing activity has increased as of late, higher than pre-pandemic levels, despite the wide-spread right-sizing prevalent among firms of all sizes. Furthermore, firms have shown a preference for efficient, high-end office space and have been forgoing renewals for in-market moves to get it.  

How the Legal Workplace Is Changing

  • Shifting Space Allocations
  • Staffing Efficiency/ Shifts and Career Growth Models
  • The Office Dilemma
  • Digital Transformation  

Key Takeaways

Legal tenant demand recovered: Legal sector leasing activity reached a six year high as firms expanded operations in non-major markets

New leases outpace renewals: After a bump in renewal activity in 2020 and 2021, law firms return to long-term norms—many establish a new office or relocate in the same market

Sun belt markets increasing share of leasing activity: Recently firms have been growing their footprints more substantially in non-major markets, especially in the Sun Belt region of the U.S.

Firms look to reduce square footage and optimize space: Larger Am Law Top 50 firms more aggressive in space reduction strategies 

Associates value balance and flexibility: The importance of flexibility and autonomy over both where and when associates work has grown since the onset of the pandemic



David C Smith (image)
David Smith

Head of Americas Insights, Global Research
Atlanta, United States

+1 (404) 853-5310

Download VCard

John McWilliams
John McWilliams

Senior Research Analyst
Denver, United States

+1 (303) 3124233

Download VCard

Related Insights

People Walking (image)
Research • Professional Services

Bright Insight

Cushman & Wakefield’s Legal Sector Advisory Group has published its proprietary 2023 National Legal Sector Benchmark Survey – Bright Insight.
David Smith • 6/7/2023
Cushman & Wakefield Lobby
Research • Workplace

Office Fit Out Cost Guide

An office fit out refers to the process of designing and constructing an office space to meet the specific needs of the occupier. This can include everything from furniture and equipment to mechanical and electrical systems.
Research • Economy

​​Which Amenities Are Driving Leasing Activity?​

Occupiers were already seeking out differentiated office space prior to the pandemic. In fact, 90% of office absorption in 2018 and 2019 was in Class A quality buildings, which only account for approximately half of total inventory.
Marissa Huber • 4/11/2023

Related Services

Legal Sector Advisory Group
Cushman & Wakefield’s global Legal Sector Advisory Group (“LSAG”) consists of more than 450 global advisors that specialize in strategizing, creating, and implementing real estate solutions that support the business and people of today’s legal sector.
Learn More

Ready to talk?

Our professionals are ready to provide further details on this and many other topics.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All