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 deal represents a major step forward for the digital library market. Not only is Amazon Publishing finally making its digital content available to libraries, the deal also gives libraries a range of models through which it can license the content. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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The U.S. Book Show’s opening seminar will offer attendees a look at challenges and opportunities for libraries in 2021. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-14 04:00:00 UTC ]
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The Youth Libraries Group (YLG) is partnering with Children’s Books North (CBN) for the first Great Northern Meet-up virtual conference this week. Continue reading at The Bookseller
[ The Bookseller | 2021-05-10 17:33:22 UTC ]
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Knowledge Unlatched seeks cooperation from a widening array of libraries in converting more agreements and titles to open access. The post Germany’s Knowledge Unlatched Starts Its 2021 Open Access Funding Round appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-05-04 15:14:44 UTC ]
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For Teacher Appreciation Week, help fund these classroom library and literacy projects in deserving classrooms! Continue reading at Book Riot
[ Book Riot | 2021-05-03 10:42:00 UTC ]
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Love books? How about libraries? These libraries that look like books combine two of every readers' favorite things in bookish architecture. Continue reading at Book Riot
[ Book Riot | 2021-04-29 10:32:00 UTC ]
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Penguin Random House senior v-p Skip Dye said the move to unify the publisher's library sales and library marketing groups will foster "even more mutually advantageous and enjoyable relationships with our libraries and librarians nationwide." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-22 04:00:00 UTC ]
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When Book Trust asked Firefly to support the UK Children’s Laureate campaign to increase funding for primary school libraries, I was delighted. Not just because I went to a school with a library, and sneaking off there on a rainy break-time was one of the treats of my school day! I also hoped... Continue reading at The Bookseller
[ The Bookseller | 2021-04-19 21:31:38 UTC ]
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Face masks and social distancing will be enforced. Signs will direct foot traffic, and furniture and bookshelves have been reorganized. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-04-16 15:00:47 UTC ]
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Under the terms of its program, which PRH began more than a year ago, libraries have the option to license e-books and digital audio for one-year terms at a 50% prorated price as an alternative to the existing two-year term (for e-books) or perpetual access (for digital audio). Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-08 04:00:00 UTC ]
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The Global Literature in Libraries Initiative names two winners for 2021, both translated from Brazilian Portuguese by Larissa Helena. The post The ‘GLLI’ Translated YA Book Prize Announces 2021 Brazilian Co-Winners appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-04-07 07:20:38 UTC ]
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The ProQuest-NYU Libraries project is available to thousands of international students and scholars during its pilot until August 31. The post International Students, Scholars Have Access to NYU’s Pilot With ProQuest appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-04-07 04:12:31 UTC ]
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ALA President Julius C. Jefferson Jr. said that not including libraries in the administration’s plan would be a “missed opportunity” and urged librarians to contact the White House. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-02 04:00:00 UTC ]
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Organizations today face a major threat in terms of cybersecurity, from malicious URLs to credential reuse, and having robust security systems can make all the difference. With Machine Learning for Cybersecurity Cookbook you'll learn how to use Python libraries such as TensorFlow and... Continue reading at Betanews
[ Betanews | 2021-04-01 11:33:09 UTC ]
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A lot of the web revolves around video content (subscribe to our YouTube channel!) and podcasts these days, but that brings some accessibility challenges you won’t find with the written word. Hundreds of millions of people are deaf or hard of hearing. Other folks have trouble processing... Continue reading at PC World
[ PC World | 2021-03-25 21:01:00 UTC ]
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Interviews Born and brought up in Assam, Kaushik Barua is an emerging Indian English author. He completed his degree in economics from St. Stephen’s College, New Delhi, and then studied political economy at the London School of Economics. In his day... Continue reading at World Literature Today
[ World Literature Today | 2021-03-15 20:37:05 UTC ]
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You may know about the stimulus checks, but the American Rescue Plan Act of 2021 also includes billions of dollars to support libraries. Continue reading at Book Riot
[ Book Riot | 2021-03-11 12:33:15 UTC ]
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The Maryland legislature this week became the first to pass legislation that would ensure libraries can license digital content that is available to consumers. Similar legislation is pending in New York and Rhode Island. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-11 05:00:00 UTC ]
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From antiracism books to Reese's YA book club picks, here are the most uniquely popular books in US libraries from Quarter 4, 2020. Continue reading at Book Riot
[ Book Riot | 2021-03-08 11:33:00 UTC ]
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A deep dive into the history of racism in American public libraries, including the effects of Jim Crow laws and racism in libraries today. Continue reading at Book Riot
[ Book Riot | 2021-03-08 11:30:00 UTC ]
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