Biglaw Firms Tamp Down On Leasing Activity Amid Fears Of Recession
Firms were already 'pulling back' on leasing activity in the fourth quarter.
Answer: According to the Savills report, firms leased 1.1 million square feet during the quarter, a 31% decline from the same period a year ago, while firms leased 1.7 million during the third quarter of 2022. Read more here.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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