Tuesday, June 15, 2004

Law Firm Office Leases

Excellent article in the April 2004 issue of Lexpert magazine: "Law Firm Office Leases: Cost, Culture and Change" by Marzena Czarnecka (link to excerpt only).

It starts by discussing the law firm leasing scene in London (Clifford Chance and Allen & Overy) and talks about how this has influenced Canada. In-depth discussion of what is happening in Canada, and at the end of the article is a table comparing leasing statistics of firms in various Canadian cities.

Of particular interest is the discussion of how a lease renewal is the time firms often evaluate whether they are viable or not, citing Campney & Murphy in Vancouver, Morris/Rose/Ledgett in Toronto, and MacKimmie Matthews in Calgary as those that decided they were not.

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