New Ways Law Firms and Associations Are Using Space
At last week's Bisnow Real Estate Strategies for Law Firms & Associations event at the Mayflower, Perkins+Will's Diana Horvat said some law firms are doing things that once might have seemed out of the question, like keeping as little as two admins per floor and outsourcing the rest of the work to locations in other cities. Perkins+Will is helping Nixon Peabody (and DC manging partner Jeff Lesk, right) with its new space at 799 9th St. Jeff says, "Law firms didn't have a comprehensive real estate strategy until recently... and a big change is that the smarter firms look at real estate portfolios as a sector that can be managed."
Big changes may be on the way for associations, too, says National Association of Counties CFO David Keen, here with TD Bank's Patti Lenahan. David's organization is taking the unusual step of co-locating with another association, the National League of Cities, since the groups have a similar mission. It'll also help them save across the board, from meeting space to rent checks, and allow both groups to have a bigger footprint, David says. He adds that the groups hope to have a lease wrapped up by mid-to-late 2015.