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 ]
We once again have to point out that you cannot actually “steal” from a little free library. And you should definitely not get the cops involved if you think someone is “stealing” the explicitly free things you’ve put out. Little free libraries do NOT come with means tests. But is it possible... Continue reading at Literrary Hub
[ Literrary Hub | 2022-02-11 15:43:09 UTC ]
More news stories like this
The programs first went into effect in March of 2020 in response to the Covid-19 crisis, and will have been in force for over two years by the time they expire if they are not extended further. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-11 05:00:00 UTC ]
More news stories like this
Because you can never have enough gorgeous libraries to imagine yourself visiting: Condition_Lab’s new Pingtan Book House library in Pingtan, China, built by working closely with local carpenters and CUHK architecture students, is a luminous, organic structure with a matrix of bookshelves in the... Continue reading at Literrary Hub
[ Literrary Hub | 2022-02-10 19:05:38 UTC ]
More news stories like this
Books in schools and libraries increasingly have targets on their spines. The more partisan the battle has become, the more it manifests as a power struggle, rather than an effort to best serve children. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2022-02-09 18:11:00 UTC ]
More news stories like this
The Steam Deck, Valve’s take on a Switch-style portable PC gaming machine, is perhaps the most anticipated piece of portable hardware since…well, since the Nintendo Switch. So it’s understandable that the technology press is champing at the bit to devour every detail about it, even well before... Continue reading at PC World
[ PC World | 2022-02-09 18:09:04 UTC ]
More news stories like this
The Steam Deck, Valve’s take on a Switch-style portable PC gaming machine, is perhaps the most anticipated piece of portable hardware since…well, since the Nintendo Switch. So it’s understandable that the technology press is champing at the bit to devour every detail about it, even well before... Continue reading at PC World
[ PC World | 2022-02-08 14:47:24 UTC ]
More news stories like this
Annual investment doubles as production industry races to replenish libraries depleted by the pandemicThe UK film and TV industry has bounced back spectacularly from the pandemic with a record £5.6bn spent making blockbusters such as Mission: Impossible 7 and big-budget dramas including... Continue reading at The Guardian
[ The Guardian | 2022-02-04 13:52:58 UTC ]
More news stories like this
Libraries can celebrate BHM with displays, events, and more — but it won't mean much if the library isn't a safe place for Black people. Continue reading at Book Riot
[ Book Riot | 2022-02-03 11:31:00 UTC ]
More news stories like this
Robert Dawson’s The Public Library: A Photographic Essay is a visual love letter to libraries and a testament to the power of reading. The post Our Love for Libraries Told in Photographs appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2022-01-28 21:30:33 UTC ]
More news stories like this
A new, highly concerning entry in the wave of classroom book bans sweeping the nation: Gene McGee, mayor of Ridgeland, Mississippi, is withholding $110,000 of funding from the Madison County Library System—funding already approved by the board of aldermen—until librarians remove “homosexual... Continue reading at Literrary Hub
[ Literrary Hub | 2022-01-28 17:52:29 UTC ]
More news stories like this
Arts Council England (ACE) has partnered with groups across the country to launch the Green Libraries programme to help libraries address their environmental impact. Continue reading at The Bookseller
[ The Bookseller | 2022-01-27 00:42:39 UTC ]
More news stories like this
The pandemic is showing the holes in social safety nets across the U.S., but public libraries aren't the answer to those problems. Continue reading at Book Riot
[ Book Riot | 2022-01-12 11:42:00 UTC ]
More news stories like this
Leading library service provider OverDrive this week reported that a total of 121 public libraries and consortia across seven countries and from 37 U.S. states surpassed one million digital lends in 2021, a significant jump from 2020, when 102 libraries hit the mark. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
More news stories like this
The #FReadom campaign is asking you to write your school board with provided templates to support school libraries and access to information. Continue reading at Book Riot
[ Book Riot | 2022-01-04 11:39:00 UTC ]
More news stories like this
The Association of American Publishers (AAP) has welcomed the decision by New York Governor Kathy Hochul to veto a bill that would have forced publishers and authors to grant e-book licences to libraries under state-imposed terms. Continue reading at The Bookseller
[ The Bookseller | 2021-12-31 06:31:54 UTC ]
More news stories like this
Free Little Libraries are delightful to find but some creators take them to a new level. Here are eight unique free little libraries. Continue reading at Book Riot
[ Book Riot | 2021-12-30 11:31:00 UTC ]
More news stories like this
With modern consoles offering gamers graphics so photorealistic that they blur the line between CGI and reality, it's easy forget just how cartoonishly blocky they were in the 8-bit era. In his new book, Creating Q*Bert and Other Classic Arcade Games, legendary game designer and programmer... Continue reading at Engadget
[ Engadget | 2021-12-25 16:30:11 UTC ]
More news stories like this
Have you ever looked at your mouse and thought "it's fine, but kind of a big fat waste of space?" Gaming accessory company XPG apparently did, because it's just unveiled a concept mouse for CES 2022 with a built-in high-speed SSD drive stuffed inside, Digital Trends has reported. The XPG Vault... Continue reading at Engadget
[ Engadget | 2021-12-24 21:00:55 UTC ]
More news stories like this
Here are the titles most frequently checked out from U.S. libraries in 2021, including fiction, nonfiction, and children's books. Continue reading at Book Riot
[ Book Riot | 2021-12-22 14:45:40 UTC ]
More news stories like this
‘What is the hope for gig workers who are underpaid and exploited? Cities, in a way. Cities can have a chance to intervene and actually get things done.’ In the Italian city of Bologna, bicycle couriers delivery bread, freshly baked at local bakeries, to nearby businesses every morning. The same... Continue reading at Fast Company
[ Fast Company | 2021-12-12 05:00:34 UTC ]
More news stories like this