With average spending on real estate constituting anywhere from 7 to 10 percent of law firms’ total expenses, getting the most value for the money is a necessity. Yet firms often overlook seven key considerations that could save them a lot, experts say.
The Am Law Daily caught up with Thomas Doughty, chairman of the law firm group at commercial brokerage firm Jones Lang LaSalle, and Eric Berson, chairman and chief executive officer of law firm brokerage firm Avocat Group, to ask what law firms tend to neglect most when it comes to signing for new space. Here’s their list:
