In good times or hard times, lawyers always win.Revenues at the top 100 firms rose to $131 billion in 2022, the most recent year available, from $7 billion in 1986, a 19-fold increase, according to American Lawyer. Profit margins never fell below 35% in even the worst years and hit a record 45% in 2021. For comparison’s sake, Apple’s operating margin last year was 34%.Now lawyers are winning the office-space game, too: Law firms are historically reliable but not exactly sexy as office tenants, especially compared to the flashier and pricy deals in recent years signed by tech and finance companies. But several of the biggest deals over the last year involve law firms, and with Manhattan office landlords scrambling for tenants, members of the bar are enjoying their unlikely new status as belles of the ball.“It’s nice that the Knicks are good again because brokers are inviting me to all the games,” said one partner in charge of his firm’s real estate needs.Law firms typically don’t pay top-dollar rents, or seek out penthouse space, but they soak up space in the middle or lower floors of buildings, helping landlords balance their books. At 55 Hudson Yards, a 51-story tower, the top three floors are leased by hedge fund Third Point at $137 a square foot, according to KBRA data. Below that comes private equity firm Silver Lake, paying $111 per square foot under a lease inked in 2017. Next comes the law firm Milbank Tweed, which signed a lease in 2016 and pays $90 a square foot... Continue reading at 'Crains New York'
[ Crains New York | 2024-03-21 10:03:05 UTC ]
The new law, signed by Illinois governor J.B. Pritzker on June 12, conditions state grant funding for libraries on adopting and adhering to the American Library Association’s Library Bill of Rights or adopting a written policy that would protect books and other resources. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-13 04:00:00 UTC ]
More news stories like this
Comics and graphic novels are prime targets in the current battle to ban books at libraries across the country, and librarians who have championed the comics form find themselves on the front lines. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
More news stories like this
Libraries need to prepare for "Hide the Pride," a conservative campaign to remove all LGBTQ children's and YA books from libraries. Continue reading at Book Riot
[ Book Riot | 2023-06-06 15:28:23 UTC ]
More news stories like this
The Association of American Publishers is taking legal action in Arkansas and Texas in cases related to banning books in libraries and bookstores. The post Battling Literary Censorship: New Court Action appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-06-02 20:54:15 UTC ]
More news stories like this
A lawsuit says the edict “forces bookstores and libraries to self-censor in a way that is antithetical to their core purposes.” Continue reading at The New York Times
[ The New York Times | 2023-06-02 18:12:34 UTC ]
More news stories like this
AMC Entertainment’s streaming service is migrating its users to Vudu. The companies announced today that Vudu is “the official new streaming platform for consumers of AMC Theatres on Demand.”AMC launched its on-demand streaming service in 2019, and its popularity surged during pandemic-era... Continue reading at Engadget
[ Engadget | 2023-06-01 14:00:33 UTC ]
More news stories like this
In parts of Canada, people are campaigning to make public and school libraries remove books they claim make sexually explicit material available to minors, or even contain child pornography. Continue reading at CBC
[ CBC | 2023-05-24 08:00:00 UTC ]
More news stories like this
New Jersey becomes the fourth US state to propose an anti-book ban bill, tying state funding of public schools and libraries to freedom to read statements. Continue reading at Book Riot
[ Book Riot | 2023-05-22 14:58:49 UTC ]
More news stories like this
The U.S. Book Show kicked off with lively discussions of the recent wave of book bans across the country, how citizens can successfully fight against those who would restrict our freedom to read, and how libraries and publishers can be strategic partners in enabling access to digital content. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-22 04:00:00 UTC ]
More news stories like this
A Connecticut bill would provide funding for sanctuary libraries across the state. That, plus this week's book censorship news. Continue reading at Book Riot
[ Book Riot | 2023-05-19 10:40:00 UTC ]
More news stories like this
Kirk Cameron has had a tough year, not unlike poor, pregnant Mary. “We tried to go to libraries across the country and we’ve been turned away,” he told a church gathering this week in Charlotte, N.C., of touring his conservative children’s book As You Grow, about a tree SYMBOLIZING FAITH getting... Continue reading at Literrary Hub
[ Literrary Hub | 2023-05-17 13:22:18 UTC ]
More news stories like this
Libraries need our support now more than ever. Here are some of the ways you can volunteer and give back to help your local library. Continue reading at Book Riot
[ Book Riot | 2023-05-15 10:30:00 UTC ]
More news stories like this
The highlights from our programming this year include the return of our Libraries Are Essential program, a day-long in-person meeting for literary agents, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-12 04:00:00 UTC ]
More news stories like this
A robust slate of programming highlights the crucial work of libraries and librarians. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-12 04:00:00 UTC ]
More news stories like this
According to the National Bureau of Economic Research, these 15 firms could be poised for a stock market rally. Ever since ChatGPT’s release, Americans have been wrestling with the idea of generative artificial intelligence automating our existence. Large language models are trained on... Continue reading at Fast Company
[ Fast Company | 2023-05-08 14:36:00 UTC ]
More news stories like this
Guess who made it out of committee? On Wednesday, the Illinois state legislature passed House Bill 2789, which would ensure libraries or schools that remove books from their shelves do so with the knowledge they shall ~shelve~ the state grant money they would otherwise have received. Governor... Continue reading at Literrary Hub
[ Literrary Hub | 2023-05-05 12:07:16 UTC ]
More news stories like this
Voters in Michigan overwhelmingly support their local libraries and oppose book bans; Illinois passes a groundbreaking bill to support the freedom to read; ALA announces its Banned Books Week 2023 theme, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-05 04:00:00 UTC ]
More news stories like this
The Illinois Senate has passed HB 2789, a bill whose terms dictate that state funding from libraries that remove books will be withheld. Continue reading at Book Riot
[ Book Riot | 2023-05-04 16:31:45 UTC ]
More news stories like this
Share the Joy of Giving—and Receiving—Books as Gifts, by The Editors of WLT News and Events [email protected] Mon, 05/01/2023 - 15:39 Isobelle Ouzman, Peace for Ukraine (2022; detail), miniature plain paper journal, ink, color pencils, art knife,... Continue reading at World Literature Today
[ World Literature Today | 2023-05-01 20:39:57 UTC ]
More news stories like this
What started last year with a group trying to get a few children's sexual education books pulled from the shelves of a southern Manitoba library has now turned into accusations that its staff are pedophiles and a campaign to defund it, the... Continue reading at CBC
[ CBC | 2023-05-01 10:00:00 UTC ]
More news stories like this