TBA Law Blog


Posted by: Stacey Shrader Joslin on Aug 25, 2023

Law firms are “once again snapping up office space at the highest clip in years,” Law.com reports. Building off a strong first quarter, U.S. law firm leasing activity remained robust in the second quarter, resulting in the strongest period on record since the start of the pandemic, according to real estate services company Savills. In all, the 3.3 million square feet leased in the first half of the year was up 22.3% compared to the same period in 2022. Tom Fulcher, chair of the Legal Tenant Practice Group at Savills suggests that leasing will continue at a more stable pace as law firms settle into a “new normal.” Read more from the company's U.S. Law Firm Activity Report Q2 2023.