Tag Archives: Law Firm Outlook

Sacramento – Law Firm Trends & Outlook

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By: JLL Staff Writer

Large Sacramento law firms looking to renew their leases downtown in the short term may have few options to choose from. Space is being increasingly taken up by the State of California‘s expansion into the area.

We see growth in rental rates for the downtown area continuing over the next 12-24 months, with the overall market turning back towards landlords starting in 2017.

If you’re a smaller firm with flexible… Read More

San Francisco – Law Firm Trends & Outlook

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By: JLL Research

Law firms with leases set to expire within the next two years face tough decisions regarding renewal. Landlords across San Francisco are pushing for longer lease terms in an attempt to lock in today’s rates, despite expected market trends.

However, firms may have an advantage with some landlords who are seeking to diversify their highly tech-based tenant rosters.

If your firm is looking for new high-end space it may want to… Read More

JLL Releases 2014 Law Firm Perspective [Free Download]

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Lack of supply, rising rents challenging law firm office normsLaw firm office clock

Law firms face more supply constraints than companies in nearly any other industry. Why? Law firms typically target premium, Class A space in central locations—the tightest segment of U.S. office markets. With fewer space options, your firm may find itself battling with competitors not only for clients—but for desired space as well. Notwithstanding these… Read More