Gain real-time insights into office real estate and law firm leasing dynamics
Insight
06 June 2025
Mid-year 2025 Law Firm Perspective
Your browser doesn't support speech synthesis.
Listen to article •
Read time: 1 sec
JLLs Mid-year Law Firm Perspective highlights many law firms "flight to quality". This strategic shift is creating unique challenges and opportunities for law firms navigating their real estate portfolios. With vacancy in new construction dropping to single digits, firms must plan strategically to secure premium spaces.
This report will highlight relevant trends, including:
- Premium office buildings' remarkable resilience with 152.8M sf of positive absorption since 2020
- Law firms moving to buildings 27 years newer on average
- Renewal activity up 10.1% as quality space options diminish
- New construction at historic lows with 72% of pipeline already pre-leased
Download the full report to learn how leading firms are approaching their real estate decisions in this dynamic market.