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 ]
Up to 200 U.S. libraries of all types will be selected to receive $10,000 grants to support, restore, and sustain their core activities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-06 04:00:00 UTC ]
More news stories like this
The pilot project between Emerald and the Council of Prairie and Pacific Libraries opens research to Indigenous communities in Canada. The post Canada’s Indigenous Communities to Benefit from Emerald Pilot Project appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-23 14:14:30 UTC ]
More news stories like this
Williams’s urgent novel takes place on the shore of a rotting lake, where a group of eco-warriors has gathered. Continue reading at The Washington Post
[ The Washington Post | 2021-09-23 13:46:54 UTC ]
More news stories like this
Algoriddim has been working closely with Apple for years on its djay apps and regularly appears in the company's keynotes. Now, it's integrating another Apple product, Shazam, into its latest iOS djay app with the release of iOS 15. The new feature lets you can scan your surroundings and... Continue reading at Engadget
[ Engadget | 2021-09-20 14:00:01 UTC ]
More news stories like this
Libraries are more than just books! Did you know many libraries will let you borrow musical instruments, tools, seeds, and more? Continue reading at Book Riot
[ Book Riot | 2021-09-20 10:31:00 UTC ]
More news stories like this
Growing up in the West Midlands, I turned my back on reading books and even visiting libraries for many years. When I start to think back to why this was happening, I realised that not seeing Asian representation within publishing and at libraries was a key factor. Continue reading at The Bookseller
[ The Bookseller | 2021-09-13 23:49:44 UTC ]
More news stories like this
Libraries in the London Borough of Greenwich are the first in the country to move to fully biodegradable library cards that are made in the UK from ethically sourced materials. Continue reading at The Bookseller
[ The Bookseller | 2021-09-13 12:08:04 UTC ]
More news stories like this
September is National Library Card Sign-Up Month! Let's take a look at some of the activities librarians have in store this month. Continue reading at Book Riot
[ Book Riot | 2021-09-08 10:32:00 UTC ]
More news stories like this
German publishers say that robust ebook performance last year and this year could be impacted by state-subsidized e-lending. The post Germany’s First Half of 2021: Ebook Dynamics, and Libraries appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-08 03:50:02 UTC ]
More news stories like this
The School Library Association says many of its members were furloughed and some have been made redundant but librarians have been more essential than ever Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 09:36:20 UTC ]
More news stories like this
Libraries and publishers have much to gain by taking a more collaborative approach in the way they work with each other Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 05:14:53 UTC ]
More news stories like this
The report, '2020 Public Library Technology Survey,' provides a current, detailed snapshot of how libraries serve as digital equity hubs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-03 04:00:00 UTC ]
More news stories like this
The Children’s Laureate gives an update on her Life-changing Libraries campaign to fund primary school libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 01:55:45 UTC ]
More news stories like this
Zoey Dixon, named a Bookseller Rising Star in 2020, has been a leading light in making libraries more accessible, both before and during Covid, in her development role at Lambeth Libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 01:24:28 UTC ]
More news stories like this
Charity Libraries Unlimited, which aims to bring libraries’ work to new audiences, has come up with an innovative way to reach potential readers at libraries across Devon. Continue reading at The Bookseller
[ The Bookseller | 2021-09-02 22:53:52 UTC ]
More news stories like this
Increasingly, books are something that libraries do not own but borrow from the corporations that do. Continue reading at New Yorker
[ New Yorker | 2021-09-02 10:00:00 UTC ]
More news stories like this
From school libraries to big city libraries and small town ones, this is one Rioter's journey through the important libraries of her life. Continue reading at Book Riot
[ Book Riot | 2021-08-30 10:39:00 UTC ]
More news stories like this
A new public library strategy for Scotland has been published, developed with the help of countries all over the world, including Denmark, Australia and the US, and seeking to make libraries key to helping people and their communities recover from the effects of the coronavirus pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-08-24 05:25:24 UTC ]
More news stories like this
Cambridge has over 100 libraries, so here are some (subjective) recommendations for the best ones to start with. Continue reading at Book Riot
[ Book Riot | 2021-08-23 10:39:00 UTC ]
More news stories like this
A comic art festival based in Yorkshire is encouraging the public to donate new and used comic books to its organisation, which will then distribute copies to schools and libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-08-21 00:12:55 UTC ]
More news stories like this