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