Firms Fall Short On Occupancy Goals Amid Downsizing Trend

By Xiumei Dong (July 15, 2024, 4:28 PM EDT) -- U.S. law firms have been working to reduce the amount of office space allocated per attorney. Despite these efforts, a recent report by the real estate services company Savills Inc. found that the average square footage per attorney still remains higher than the occupancy ratios most firms aim for....

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