Despite trends showing that many firms in certain areas of the U.S. are reducing their office space, seven out of 10 of Am Law 200 firm relocations in New York since the beginning of 2023 were for similar or more space, according to new data from commercial real estate firm Cresa. This means that only 30% of those moves were for less space.
Among the seven firms that moved to similar space or upsized were King & Spalding; Paul, Weiss, Rifkind, Wharton & Garrison; Wilson, Sonsini, Goodrich & Rosati; Susman Godfrey; Kilpatrick Townsend & Stockton; Greenspoon Marder; and Holland & Knight, said Gregg Cohen, the principal of the New York City office of Cresa. Birth Injury lawyers near me