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The law firm sector is faced with just as many business pressures as economic tensions, including fluctuating demand, intensified competition, commoditization of legal work and client demands for more flexible pricing and innovative solutions. As a result of both these macro and micro influences, many law firms have responded by placing productivity, efficiency and innovation at the top of their agenda.
Real estate is increasingly a key ingredient to overcoming these challenges with firms structuring, operating and using real estate to achieve their business objectives ahead. And real estate will be even more critical ahead; firms will need to focus intently on real estate strategies over the next 12 to 36 months as the global outlook only improves for the economy and landlords across the world. Firms will need to counter that momentum with creative solutions and strategies for their real estate needs.
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Tuesday, October 21, 2014