June 5, 2020 / 12:18 PM / a month ago

Law firm leaders expect office footprint to shrink post-pandemic

The coronavirus pandemic has forced lawyers across the U.S. to learn how to work from home, and left offices sitting empty for months, leading many managing partners to ask - why were we paying for all that space?

Real estate is often a law firm’s second-highest expense, after employee pay, and it’s one partners are realizing they could drastically reduce in the wake of the pandemic, through lease negotiations or by moving to a smaller space, said John Remsen Jr, president and chief executive of the Managing Partner Forum.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2XycST8

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